Loma Linda, CA 92354 25461 Cole Street 3

25461 Cole Street 3 Loma Linda, CA - Image 125461 Cole Street 3 Loma Linda, CA - Image 225461 Cole Street 3 Loma Linda, CA - Image 3
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Presented By: Michael Gutierrez with Signature R.E. And Financial; Mykol1@aol.com
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# TR25040171
  • 02/25/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Baths • 5
  • SQFT • 2,900
  • Garage • 6

Home Details

This turnkey, 3 unit investment property (or live in one, rent the others/family compound), has the look and feel of brand new construction in all 3 units. Three different permitted homes sit on this one spacious lot. Two (3 bedroom, 2 bath homes) and one (2 bedroom, 1 bath home.) Each unit includes; central air and heating, a finished 2 car garage, fire sprinkles, high quality cabinets in the kitchen and bathrooms, matching modern cut quartz counters with subway tile backsplashes, newer flooring, crown molding throughout, upgraded faux wood blinds, ceiling fans, recessed lighting and freshly painted interior and exterior. All homes are in move-in condition and located in the small quaint community of Loma Linda, walking distance from the internationally known Loma Linda Hospital, the Jerry L Pettis Memorial Veterans Hospital and Loma Linda University. Situated minutes from the shops and the restaurants of downtown Redlands. The front yard of the property is enclosed by a white picket fence that surrounds the beautiful garden. The long, extended driveway could easily store almost any sized motorhome or boat. As a rental property, it's a great location for highly qualified, reliable tenants, doctors, nurses, and other people in the medical field. The properties all share the same water and trash bill. Gas and electric meters are separate for the front and rear buildings. The middle unit is completely new construction. The plumbing and roofs of the other structures are only 4-5 years old. All the units have matching stainless steel washers and dryers, refrigerators, dishwashers, microwave ovens, stove tops, and oven ranges which are included with the price (except the front unit does not include laundry appliances or a microwave oven). Compared to the other properties in this category, don’t expect this property to be on the market long!
Presented By: Michael Gutierrez with Signature R.E. And Financial; Mykol1@aol.com

Interior Features for 25461 Cole Street 3

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Interior AmenitiesCeilingFans, QuartzCounters, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary
Laundry FeaturesInside
Total Stories1
Window FeaturesDoublePaneWindows

Other Rooms

Entry Level1

General for 25461 Cole Street 3

Additional Parcels Y/NNo
AppliancesDishwasher, ElectricCooktop, ElectricRange, GasOven, GasRange, Microwave, Refrigerator, RangeHood
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLoma Linda
Community FeaturesSuburban
Construction MaterialsDrywall, Stucco
ContingencySubject to cancelation of previous escrow. Buyer's appraisal came in low, because there were no comparables. Seller will consider offers with a larger down payment than 20% or who is willing to waiv
CoolingCentralAir
CountySan Bernardino
DirectionsBetween Mountain and Anderson Street. North of Barton
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationStreet
Facing DirectionNorth
Fuel Expense1500.0
Garage Spaces6.0
Garage Y/NYes
Gross Income100800.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan
Lot Size Square Feet9300.0
Lot Size UnitsSquareFeet
MLS Area267 - Loma Linda
MaintenanceExpense1200.0
MobileHomeRemainsYNNo
Net Operating Income65052.0
New ConstructionYes
Number Of Units Total3
Open Parking Spaces4.0
Operating Expense25668.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property ConditionTurnkey
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories1
Tax Lot14
Taxes$16,464
Tenant PaysAllUtilities
Trash Expense1200.0
Unit Number3
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewMountains
Water Sewer Expense3300.0
Waterfront Y/NNo
Year Built2024
Year Built SourceEstimated

Exterior for 25461 Cole Street 3

Building Area Total2900.0
Crops Included Y/NNo
FencingVinyl, Wood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions62 by 150
Lot FeaturesFrontYard, Garden, Landscaped, SprinklerSystem
Lot Size Acres0.2135
Lot Size Area9300.0
Lot Size SourceAssessor
LotDimensionsSourcePublicRecords
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesConcrete, Covered, Driveway, Garage, GarageDoorOpener, OnSite, RvAccessParking, Tandem
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking10.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,350,000
MLS#TR25040171
List Date 02/25/2025
Property Type Multi-Family
Phone 714.742.6515
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