25675 Prospect AVE, Loma Linda, CA 92354

$6,595,000

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Listed by Jonathan Mitchell, from Kidder Mathews of California, Inc
(If provided) CoList: from

List Price
$6,595,000
Price Change
▼ $400,000 1778202949
MLS#
CROC25051042
Status
ACTIVE
Lot Size
32,849
Listing Area
267 - Loma Linda
Year Built
1972

Property Description

Price Reduced $800,000. The Prospect Apartments, 25 apartment units located at 25675 & 25695 Prospect Avenue, Loma Linda, California. 1.5 mile south of the 10 freeway and walking distance to the VA Hospital. The tenants have excellent access to transportation and employment. The Apartments are located on a quiet cul-de-sac within walking distance to Barton Road which offers numerous retail shopping and restaurants. The unit mix consists of four 1 bedroom / 1 bathroom and twenty-one 2 bedroom / 2 bath units. Each unit is separately metered for gas and electric. The parking is ample with assigned carport, open and street parking. The local apartment market in the city of Loma Linda remains robust/tight and thus this property offers an investor the ability to capture quality residents seeking a well-located neighborhood with convenient access to a wide variety of retail, transportation and educational amenities with realistic rental upside. This overall demand for well-located work force apartments will be a key driver in the continued growth at 25675 &25695 Prospect Avenue, Loma Linda, California.

Additional Information

Amenities
Other
Cooling System
Central AC, Central Forced Air - Electric
Energy Features
Tankless Water Heater
Floor Covering
Laminate
Foundation
Other
Garage Parking
Assigned Spaces, Other
Heating System
Central Forced Air
Laundry Facilities
Laundry Area, Washer/Dryer - Leased
Lot Size
32,849
Neighborhood
267 - Loma Linda
Pool Description
31, None
Roof
Tile
Unincorporated Yn
Yes
View
Hills

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