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Sold Date9/02/2022
Closed

11073 San Juan StreetLoma Linda, California CA92354-2713

Listing IDEV22132248

4,050 SqFt 0.144 Acres

$1,925,000

LLUMC WALKZONE PROPERTY - 8 UNITS TOTAL on two separate parcels. Truly unique INVESTMENT opportunity in Loma Linda within walking distance to the university and medical center. Property consists of four duplex style separate houses with two units in each one. Property also has 8 off street parking spaces along with a storage room, two basements for extra storage and a community laundry room. All EIGHT units have been recently remodeled and are in turn key condition, located in a HIGH DEMAND rental area. Units are fully occupied with a waiting list. There is a high demand for both temporary and long term housing in the area due to the patient treatment centers and nearby hospital and university. Opportunity to increase rents . Property consists of 7 one bedroom/one bathroom units and one large one bedroom with office/one bathroom unit. Current rents are $11,050 per month plus $200 in laundry income. Seller pays some utilities All apartments have been remodeled and are in turn key condition. Flexible financing opportunities as the property consists of two residential 4-unit parcels and can be financed with residential multifamily loans or a commercial loan. Professional Photos coming soon. Act quickly as this unique property will not last.
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