$2,800,000
$2,999,800
6.7%For more information regarding the value of a property, please contact us for a free consultation.
0.37 Acres Lot
SOLD DATE : 10/21/2022
Key Details
Sold Price $2,800,000
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV21169261
Sold Date 10/21/22
Construction Status Turnkey
HOA Y/N No
Year Built 2016
Lot Size 0.374 Acres
Property Description
NEW PRICE!
C21 Commercial is proud to introduce a Luxury three-story townhome/condo-style apartment complex. Originally designed to be individual townhomes/condos each wtih separate meters in the event you would like to complete the process and sell individually. Each with its own individual two-car garage. Each unit has 2 master bedrooms and 2 1/2 baths with a balcony. Walking distance to Loma Linda University, VA hospital, and Loma Linda Hospital.
Each unit rented at $2,650.00 per month with $50.00 annual bumps per unit.
The complex is located close to shopping, transportation, parks, and schools. Currently, all 5 units are leased out to one person and rents to Veterans administration with an approximate SUMMARY of Benefits approx. 5.95% +-.
Solid investment with a solid tenant.
Buyers to verify all details.
PLEASE DO NOT DISTURB TENANTS
Rents will be going up by $3,000 per year starting in August 2022.
Location
State CA
County San Bernardino
Area 267 - Loma Linda
Interior
Interior Features Balcony
Heating ForcedAir
Cooling CentralAir
Flooring Carpet, Tile, Wood
Fireplace No
Appliance Dishwasher
Laundry InGarage
Exterior
Parking Features DirectAccess, Garage
Garage Spaces 10.0
Garage Description 10.0
Fence Block, Wood
Pool None
Community Features DogPark, Park, Sidewalks
Utilities Available ElectricityConnected, NaturalGasConnected
Roof Type Composition,Shingle
Total Parking Spaces 10
Private Pool No
Building
Story 3
Entry Level ThreeOrMore
Sewer Unknown
Water Public
Architectural Style Contemporary
Level or Stories ThreeOrMore
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 0284141080000
Acceptable Financing Cash, CashtoNewLoan, Item1031Exchange, OwnerMayCarry
Listing Terms Cash, CashtoNewLoan, Item1031Exchange, OwnerMayCarry
Financing Cash
Special Listing Condition Standard
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Bought with ALBERT RODRIGUEZ • CENTURY 21 CITRUS REALTY INC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "