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Listed by Jonathan Mitchell • Kidder Mathews of California, Inc
$7,295,000
Est. payment /mo
0.75 Acres Lot
Active
25675 Prospect AVE Loma Linda, CA 92354
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25051042
Originating Board California Regional MLS
Year Built 1972
Lot Size 0.754 Acres
Property Description
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.
Location
State CA
County San Bernardino
Area 267 - Loma Linda
Rooms
Kitchen Other, Oven Range - Electric, Oven - Electric
Interior
Heating Central Forced Air
Cooling Central AC, Central Forced Air - Electric
Flooring Laminate
Laundry Laundry Area, Washer/Dryer - Leased
Exterior
Parking Features Assigned Spaces, Other
Garage Spaces 50.0
Pool 31, None
View Hills
Roof Type Tile
Building
Foundation Other
Water Hot Water, District - Public
Others
Tax ID 0284153130000
Special Listing Condition Not Applicable
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