25675 Prospect Ave - Apartments FOR SALE


Loma Linda, CA 92354
$6,995,000 USD
714-337-8405
25675 Prospect Ave, Loma Linda, CA for Sale
$6,995,000 USD
Apartments - FOR SALE
1/18
null | 5.54% Cap Rate

25675 Prospect Ave
Loma Linda, CA 92354


HIGHLIGHTS

  • $400,000 Price Reduction
  • Superb unit mix of 84% 2 bedroom / 2 bath units
  • 2 separate parcels, no onsite managment required
  • Close To 10 Freeway, VA, and Loma Linda Hospital
  • Earthquake retrot and seismic upgrades (2022)
  • 20 of the 25 units have been completely rehabbed with new flooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC

FOR SALE DETAILS

PRICE

$6,995,000 USD

PRICE/SF

$354 USD /SF

# OF UNITS

25

PRICE/UNIT

$279,800

CAP RATE

5.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Loma Linda Plaza Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

49

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,849 SF

ZONING

R1, Loma Linda

APN/PARCEL ID

0284-153-13

ASK ABOUT THIS PROPERTY

Jonathan MitchellKidder MathewsMore Info
714-337-8405

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Jonathan MitchellKidder MathewsMore Info
714-337-8405

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