25675 Prospect AVE, Loma Linda, CA 92354
25675 Prospect AVE, Loma Linda, CA 92354
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$ 6,595,000
Est. payment | /mo

0.75 Acres Lot


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$ 6,595,000
Est. payment | /mo
Save

0.75 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25051042

HOA Y/N No

Year Built 1972

Lot Size 0.754 Acres

Property Sub-Type Apartment

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.

Location

State CA

County San Bernardino

Area 267 - Loma Linda

Interior

Interior Features Multiple Staircases, Phone System

Heating Central

Cooling Central Air, Electric

Flooring Laminate

Fireplaces Type Bath, Electric, Family Room, Kitchen, Living Room, Primary Bedroom

Fireplace Yes

Appliance Electric Cooktop, Electric Oven, Electric Range, Tankless Water Heater, Water Heater

Laundry Common Area

Exterior

Parking Features Assigned, Concrete

Carport Spaces 25

Fence Good Condition, Masonry

Pool None

Community Features Curbs

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

View Y/N Yes

View Mountain(s)

Roof Type Spanish Tile

Accessibility Safe Emergency Egress from Home

Total Parking Spaces 50

Private Pool No

Building

Lot Description 26-30 Units/Acre

Story 2

Entry Level Two

Foundation Tie Down

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 0284153130000

Security Features Carbon Monoxide Detector(s),Fire Detection System,Resident Manager,Smoke Detector(s)

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jonathan Mitchell Kidder Mathews of California, Inc 949-557-5000, DRE #01227852

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

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Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

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Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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