25432 Cole Street

25432 Cole Street

Loma Linda, CA 92354

$3,200,000
Price
2
Beds
75
Baths
9,200 Sq. Ft.
$348 / Sq. Ft.
9,200
Sq. Ft.
$348
per Sq. Ft.
a view of a building with a outdoor space
a view of a white building among the street
a view of a building
a view of staircase with wooden floor and white walls
a view of entryway and hall with wooden floor
a kitchen with stainless steel appliances granite countertop a stove top oven a sink and a refrigerator
a view of kitchen with kitchen island a sink a stove and a refrigerator
a kitchen with stainless steel appliances granite countertop a sink a stove and a wooden floors
a kitchen with stainless steel appliances a sink dishwasher a stove top oven a refrigerator and island
a kitchen with stainless steel appliances a sink a stove and a refrigerator
a view of an empty room with wooden floor and a window
wooden floor in an empty room with a window
a view of entryway with wooden floor
an empty room with a painting on the wall
an empty room with closet
a view of an empty room
an empty room with windows
a bathroom with a sink toilet bathtub and vanity
a bathroom with a sink a toilet and shower
a bath tub sitting next to a white sink
a bathroom with a sink toilet and mirror
a view of a floor plan
an aerial view of a city
an aerial view of a city
a view of city and mountain
an aerial view of a city
an aerial view of a house with a yard patio and lake view
an aerial view of a house with outdoor space
an aerial view of residential houses with outdoor space
a view of roof deck with patio
an aerial view of a city with lots of residential buildings
an aerial view of multiple house
an aerial view of a city with lots of residential buildings
an aerial view of multiple house
a view of a garage

Description

Welcome to an exceptional investment opportunity. A prestigious three-story townhome/condo-style apartment complex designed with the savvy investor in mind. Each unit was originally planned as an independent townhome or condo, equipped with separate meters, allowing for the potential of individual resale in the future, adding flexibility to your investment portfolio. Situated in an advantageous location, this complex offers proximity to the thriving "HUB" Shopping Center, which houses prominent retailers...Welcome to an exceptional investment opportunity. A prestigious three-story townhome/condo-style apartment complex designed with the savvy investor in mind. Each unit was originally planned as an independent townhome or condo, equipped with separate meters, allowing for the potential of individual resale in the future, adding flexibility to your investment portfolio. Situated in an advantageous location, this complex offers proximity to the thriving "HUB" Shopping Center, which houses prominent retailers such as Sam's Club, dining destinations like In-N-Out, BJ's Restaurant & Brewhouse, El Pollo Loco, and essential banking facilities. The units themselves are expertly designed, each offering two spacious master bedrooms and two and a half baths, accompanied by a private balcony, adding to their desirability among tenants. Central HVAC and heating systems ensure year-round comfort, while the convenience of an individual two-car garage with laundry facilities enhances your property's rental appeal. Ample parking options are available for both residents and their guests, simplifying the property management process. These meticulously maintained units, now completely updated and ready for occupancy, boast exceptional curb appeal and are located in a rental-friendly area known for its array of amenities. The complex, constructed in 2016, minimizes your maintenance costs, offering a secure investment option. In addition to these attractive features, consider the robust demographics within a 2-mile radius, with an average household income of approximately $80,285. This area is a magnet for renters, further bolstering the property's income potential. Monthly rental rates currently average around $3,200 per unit, ensuring strong and consistent cash flow. Easy to rent to Dr's, Nurses on "travelingnursehousing.com or Furnishedfinder.com" for top rental income and quickly! Furthermore, all five units are equipped with brand-new stove/oven combos, microwaves, and dishwashers, reducing maintenance and upkeep costs. This complex isn't just an investment; it's a strategic venture that combines luxury and practicality. Now, with the units completely updated and ready for your new tenants, it's a prime choice for the discerning investor looking to expand their multi-family portfolio. Don't miss this opportunity to secure a slice of the real estate market's steady income potential.
  1. Listed by Albert Rodriguez • DRE #01250095 • Brokerage DRE #00848848 • CENTURY 21 CITRUS REALTY INC • 626-255-4854

Property Details for 25432 Cole Street

Parking Spaces Total
10
Private Pool
No
Cooling Type
Central
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
9200
Assessor Parcel Number
0284-141-08-0000

Location

Listing Courtesy of CENTURY 21 CITRUS REALTY INC, Albert Rodriguez, DRE #01250095
Add your commute
LISTING UPDATED: 04/02/2024 03:13 AM

Property Details for 25432 Cole Street

StatusActive
MLS #CV23196087
Days on Market197
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built2016
Lot Size0.37 AC / 16,306 SF
CountySan Bernardino County

Location

Listing Courtesy of CENTURY 21 CITRUS REALTY INC, Albert Rodriguez, DRE #01250095
Add your commute

Building Information for 25432 Cole Street

Stories3Residences-Year Built2016Building Size-Lot Size0.37 AC / 16,306 SF

Payment Calculator

$20,262 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,464

Property Taxes

$2,798

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 25432 Cole Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $192,000
  • Gross Scheduled Income: $192,000
  • Net Operating Income: $149,760
  • Current Financing: None
Expense Details
  • Operating Expense: $40,320
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,500
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $2,500
Tax / Assessment Info
  • Tax Tract Number: 19999
  • Tax Lot: 1000
Community / Development
Community / Development
  • Community Features: Dog Park, Sidewalks
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Roof: Composition, Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wood
  • Fencing: Block, Wood
  • Property Condition: Turnkey
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft, Near Public Transit
  • Land Use: Multi-Family
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 10
  • Parking Garage Spaces: 10
  • Carport Spaces: 0
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 15
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 10
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,200
  • Unit Type Total Rent: $2,650
  • Unit Type Pro Forma: 2650
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 6
  • Number With Dishwasher: 5
  • Number With Carpet: 5

Property History for 25432 Cole Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 25432 Cole Street

Taxable ValueLand$150,173Additions$623,847Total$774,020
Tax Record2023$33,572 ($2,798 / month)
Home Facts
Total Finished SqFt6,855 SqFtAbove Grade Finished SqFt6,855 SqFtStories3Lot Size16,306 SqFtStyleMulti-Family Res (5+ Units)Year Built2012Year Renovated2016CountySAN BERNARDINOAPN0284-141-08-0000

Schools near 25432 Cole Street

This home is within Redlands Unified School District.
Rating
School
Type
Grades
Distance
Mission Elementary School
Public - K to 5
Cope Middle School
Public - 6 to 8
Redlands Senior High School
Public - 9 to 12
Grove School
Charter - 7 to 12
Rating
School
Distance
Mission Elementary School
PublicK to 5

Cope Middle School
Public6 to 8

Redlands Senior High School
Public9 to 12

Grove School
Charter7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 25432 Cole Street, Loma Linda, CA 92354

25432 Cole Street is a mixed use property for sale in Loma Linda, CA 92354. This property was listed for sale on October 16, 2023 by CENTURY 21 CITRUS REALTY INC, it's currently listed at $3,200,000. It has been on the market for a total of 197 days and was last sold on October 21, 2022. This listing's school district is Redlands Unified School District. Nearby schools include Mission Elementary School, Cope Middle School and Redlands Senior High School. 25432 Cole Street is a 2-bed, 75-bath, 9,200 sqft mixed use property built in 2016.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 CITRUS REALTY INC, Albert Rodriguez, DRE #01250095

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.