25612 Lane Street, Loma Linda, CA 92354

$1,197,000

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List Price
$1,197,000
Status
ACTIVE
MLS#
IG26207199
Year Built
1947
Lot Size
7,930
Acres
0.18
Lot Location
16-20 Units/Acre, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Sprinklers Timer, Sprinklers On Side, Sprinkler System
Days on Market
5
Property Type
Multifamily
Style
Ranch
Property Sub Type
Triplex
Stories
One Level

Property Description

Unique triplex opportunity in desirable Loma Linda featuring three single-story residences, a detached two-car garage, ample off-street parking, no HOA, and inviting outdoor spaces. The spacious front residence offers three bedrooms, one bathroom, indoor laundry, and a convenient storage room off the kitchen. The large, light-filled living room features vaulted ceilings, exposed wood beams, oversized windows, and a fireplace. New flooring flows through the living and dining areas, and the interior has been freshly repainted. The bright kitchen offers abundant cabinetry and counter space, a gas range, dishwasher, and adjoining dining area. The bathroom features a dual-sink vanity and walk-in shower. Toward the rear are two additional one-bedroom, one-bathroom units sharing one common wall, each with a private entrance and individual laundry hookups. All three residences feature Milgard dual-pane windows. Outdoor spaces include grassy areas, patios, mature landscaping, and separate tenant storage units currently provided at no additional charge. Parking is a standout feature with a detached two-car garage, long driveway, multiple off-street spaces, and additional street parking. Conveniently located near Loma Linda University Health, the VA Medical Center, shopping, dining, and freeway access, the property is also minutes from Redlands, known for its historic downtown, shops and restaurants, and popular summer performances at the historic Redlands Bowl. Loma Linda is internationally recognized for its association with longevity and the Blue Zones, adding to the appeal of this desirable Southern California community. An excellent opportunity for an investor or owner-occupant seeking flexibility, multiple residences, and rental income potential. The estimated pro-forma gross income for this property is $72,000 annually. Excellent Redlands schools.

Additional Information

Appliances
Gas Range, Microwave, Refrigerator, Water Heater
Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Exterior Construction
Stucco
Roof
Composition, Tile
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Beamed Ceilings, Storage, All Bedrooms Down, Main Level Primary
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$33,342
Operating Expense
6460

Listing courtesy of Listing Agent: Joseph Shaw (joseph@ritashaw.net) from Listing Office: Shaw Real Estate Brokers.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.