Loma Linda, CA 92354 25422 Cole Street
$2,300,000
3 more
Presented By: Jason Kirklen with Kirklen Investment Group; 949-942-1302
Beds • 12
Baths • 1
SQFT • 4,860
Year Built • 1973
Home Details
Introducing a prime investment opportunity at 25422 Cole Street, Loma Linda, CA. This well-maintained 4,860 SF building, constructed in 1973, boasts six, two-bedroom units. The property is in excellent condition, is easy to maintain and offers plenty of parking for residents. Residents also benefit from a community laundry room which provides ancillary income to the owner.
The oversized lot creates an excellent opportunity for an investor to create additional income streams by adding up to two ADU's. With its spacious layout and strategic location, this property offers an ideal canvas for creating a prestigious residential community.
Presented By: Jason Kirklen with Kirklen Investment Group; 949-942-1302
Interior Features for 25422 Cole Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 25422 Cole Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces6.0
Carport Y/NYes
CityLoma Linda
Community FeaturesCurbs, Gutters, StormDrains, StreetLights, Suburban, Sidewalks
CountySan Bernardino
DirectionsOff Benton St and Cole St behind Jerry Pettis Memorial Veterans Hospital
Electric Expense599.0
Electric On Property Y/NNo
Entry LocationDriveway
Fuel Expense254.0
Garage Spaces0.0
Garage Y/NNo
Gross Income125650.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense5492.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Exchange1031
Lot Size Square Feet16740.0
Lot Size UnitsSquareFeet
MLS Area267 - Loma Linda
MaintenanceExpense4206.0
MobileHomeRemainsYNNo
Net Operating Income77524.0
New ConstructionNo
Number Of Units Total6
Open Parking Spaces10.0
Operating Expense48125.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot8
Taxes$28,097
Tenant PaysElectricity, Gas
Trash Expense2803.0
Water Sewer Expense3046.0
Waterfront Y/NNo
Year Built1973
Year Built SourceAssessor
Exterior for 25422 Cole Street
Building Area Total4860.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesElevenToFifteenUnitsAcre
Lot Size Acres0.3843
Lot Size Area16740.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking16.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
Price
$2,300,000
MLS#OC25076057
List Date
04/07/2025
Property Type
Multi-Family
Phone
(310) 963-5595
