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Sold for $1,925,000 on 09/02/22
  • Listing Provided by: 

    Kiersten Sprout DRE #01922174 909-790-1913,

    YUCAIPA VALLEY REAL ESTATE

    $1,925,000

    11073 San Juan St, Loma Linda, CA 92354

    --beds
    --baths
    4,050sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $1,040,200 Zestimate®
    $475/sqft
    $1,991 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: September 03, 2022 at 06:21am

    Listing Provided by:

    Kiersten Sprout DRE #01922174 909-790-1913,

    YUCAIPA VALLEY REAL ESTATE

    Bought with:

    Kristopher German, DRE #01800021

    RE/MAX 2000 REALTY

    Source: CRMLS,MLS#: EV22132248MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Heat Pump, Wall Furnace
    Cooling
    • Heat Pump, Wall/Window Unit(s)
    Appliances
    • Included: Gas Oven, Microwave, Refrigerator, Dryer, Washer
    • Laundry: Common Area, Washer Hookup, Gas Dryer Hookup, Laundry Room
    Features
    • Flooring: Bamboo, Concrete, Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 4,050
    • Total interior livable area: 4,050 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Concrete, On Site, One Space, Uncovered
    • Uncovered spaces: 8
    Features
    • Levels: One,Two
    • Stories: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Average Condition
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,257 sqft
    • Features: Sprinklers In Rear, Sprinklers In Front, Rectangular Lot, Sprinklers Timer, Sprinkler System
    Details
    • Additional structures: Two On A Lot
    • Additional parcels included: 0284052100000
    • Parcel number: 0284052090000
    • Special conditions: Standard
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Drywall, Stucco
    • Foundation: Raised, Slab
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Street Lights, Sidewalks, Urban
    Location
    • Region: Loma Linda

    HOA & financial

    Other financial information
    • Total actual rent: 11050

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,FHA,VA Loan
    • Road surface type: Maintained
    Services availability
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    Estimated market value

    $1,040,200