24500 University Avenue, Loma Linda, CA 92354
Triplex · 2 recorded sales since 2021
Sold February 2022
Listing Agent: DEBRA HANNA (DRE #01473392) · Listing Office: DEBRA HANNA BROKER · Contact: 909-528-2512 · Bought with: RYAN HUTCHISON · ALL NATIONS REALTY & INVS · MLS #EV21265083 · Source: CRMLS
About this triplex
This is an amazing opportunity to own a permitted triplex within the coveted walk zone of Loma Linda University and Medical Center. Zoned R3, originally purchased as an SFR. Found out it was actually a duplex and then an addition was permitted and converted into a 3rd unit. With over 14,000 employees and 4,000 students you will never have to worry about vacancies. The property generates over $67,000 annual income with the rents as follows. $2500 3 Bed/2 bath unit (lease until 4/22), $1100 1 Bed/1 Bath (June 2022) and $2000 for a new 1 Bed/ 1 Bath unit (March 2022) that is fully furnished. Long wide driveway and large backyard. New paint, new floors, new appliances and upgraded fixtures, etc throughout. The property is fully permitted and occupied with all tenants on a lease. Property consists of 2 electric meters, 1 water meter and 1 gas meter. Main unit and fully furnished unit each have their own laundry. Drive by only, please do not disturb tenants.
Listing description from the February 2022 sale, as reported to CRMLS.
Sale history
