10952 Rincon St - Apartments FOR SALE


Loma Linda, CA 92354
$1,300,000 USD
951-642-8521
10952 Rincon St, Loma Linda, CA for Sale
$1,300,000 USD
Apartments - FOR SALE
1/8
null | 5.86% Cap Rate

10952 Rincon St
Loma Linda, CA 92354


HIGHLIGHTS

  • Four-unit multifamily property featuring four remodeled two-bedroom, one-bath residences.
  • Major capital improvements include a new roof, electrical upgrades, and HVAC system enhancements.
  • Separately metered gas and electricity help streamline utility management and expense allocation.
  • Two ground-floor units include private rear yards with paver improvements.
  • On-site coin laundry provides an added amenity for residents and supplemental income potential.
  • Termite warranty remains in effect through March 23, 2028, with no pending repairs reported.

OVERVIEW

10952 Rincon St, Loma Linda — Exceptional fully remodeled quadruplex, a turnkey investment with strong cash flow. Property highlights: - Four units, each 2 bed / 1 bath, fully remodeled with modern finishes - On-site laundry room with washer and dryer - Seller reports no known pending repairs at the time of preparation. buyer to independently verify property condition - Landlord pays water, trash, and landscaping (gardener) - New roof and recently replaced electrical panels - HVAC systems reported to be regularly serviced and in good operating condition. buyer to independently verify - Attractive investor opportunity with a CAP rate of approximately 7% Location and opportunity: Situated in Loma Linda, this quadruplex provides stable rental income and low near-term capital needs thanks to recent upgrades. It’s an ideal addition to an investor portfolio seeking immediate upside and reliable operations. Additional offering: An adjacent quadplex at 10982 Rincon St is also for sale. Seller is offering discounted pricing for a buyer who purchases both properties — an appealing scale play for investors seeking increased portfolio cash flow and operational efficiency. Offers will need to be made subject to interior inspection.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$338 USD /SF

# OF UNITS

4

PRICE/UNIT

$325,000

CAP RATE

5.86%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,925 SF

ZONING

MF

APN/PARCEL ID

0284-531-27

ASK ABOUT THIS PROPERTY

Vince LacambraCochran Real Estate Professionals, Inc.More Info
951-642-8521

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Vince LacambraCochran Real Estate Professionals, Inc.More Info
951-642-8521

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.