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Residential Income - 25612 Lane Street, Loma Linda, CA

$1,197,000

25612 Lane Street, Loma Linda, CA

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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.

Property details

Year built
1947
Property type
Residential Income
Lot size
7,930 sqft

Location

25612 Lane Street • Loma Linda, CA 92354

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Listed by

Joseph Shaw · Shaw Real Estate Brokers

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