Loma Linda, CA 92354,24500 University AVE
Loma Linda, CA 92354,24500 University AVE
Loma Linda, CA 92354,24500 University AVE
29
$990,000
$989,000
0.1%
Est.Price: ?

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9,178 Sqft Lot

24500 University AVE Loma Linda, CA 92354

Est. payment /mo
SOLD DATE : 02/27/2022

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Key Details

Sold Price $990,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID EV21265083

Year Built 1952

Lot Size 9,178 Sqft

Property Description

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.

Location

State CA

County San Bernardino

Area 267 - Loma Linda

Interior

Heating Central, Zoned

Cooling Central Air, Wall/Window Unit(s), Zoned

Flooring Vinyl, Wood

Fireplaces Type Living Room

Laundry Gas Dryer Hookup, Inside, Laundry Room

Exterior

Parking Features Assigned

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Building

Lot Description Back Yard, Sprinklers In Rear, Sprinklers In Front, Yard

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing 1031 Exchange, Submit

Listing Terms 1031 Exchange, Submit

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by DEBRA HANNA • DEBRA HANNA BROKER
Bought with RYAN HUTCHISON • ALL NATIONS REALTY & INVS

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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