Loma Linda, CA92354
| 19396 sqft | MLS# OC25051042
Tract:
For Sale $7,295,000
Description
The Prospect Apartments, 25 apartment units located at 25675 & 25695 Prospect Avenue, Loma Linda, California. 1.5 mile south of the 10 freeway and walking distance to the VA Hospital. The tenants have excellent access to transportation and employment. The Apartments are located on a quiet cul-de-sac within walking distance to Barton Road which offers numerous retail shopping and restaurants. The unit mix consists of four 1 bedroom / 1 bathroom and twenty-one 2 bedroom / 2 bath units. Each unit is separately metered for gas and electric. The parking is ample with assigned carport, open and street parking. The local apartment market in the city of Loma Linda remains robust/tight and thus this property offers an investor the ability to capture quality residents seeking a well-located neighborhood with convenient access to a wide variety of retail, transportation and educational amenities with realistic rental upside. This overall demand for well-located work force apartments will be a key driver in the continued growth at 25675 &25695 Prospect Avenue, Loma Linda, California.
Facts
| Built in 1972 | Lot Size: 32849.00 sqft | HOA Dues: $0/month
Features
2 Staircases,Copper Plumbing Full,Phone System
Listing provided by Jonathan Mitchell, Kidder Mathews of California, Inc
Based on information from California Regional Multiple Listing Service, Inc. as of March 21, 2025. 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.