UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26176694
Construction Status Turnkey
HOA Y/N No
Year Built 1977
Lot Size 8,925 Sqft
Property Sub-Type Quadruplex
Property Description
Property highlights:
- Four units, each 2 bed / 1 bath, fully remodeled with modern finishes
- On-site laundry room with washer and dryer
- No pending repairs; well-maintained and move-in ready
- Landlord pays water, trash, and landscaping (gardener)
- New roof and recently replaced electrical panels
- HVAC systems in excellent condition and regularly serviced
- Attractive investor opportunity with a CAP rate of approximately 7%
Location and opportunity:
Situated in Loma Linda, this quadruplex provides stable rental income and low near-term capital needs thanks to recent upgrades. It's an ideal addition to an investor portfolio seeking immediate upside and reliable operations.
Additional offering:
An adjacent quadplex at 10982 Rincon St is also for sale. Seller is offering discounted pricing for a buyer who purchases both properties — an appealing scale play for investors seeking increased portfolio cash flow and operational efficiency.
Offers will need to be made subject to interior inspection.
Location
State CA
County San Bernardino
Area 267 - Loma Linda
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Inclusions All kitchen appliances. Common area washer & dryer.
Fireplace No
Appliance Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Dryer, Washer
Laundry Common Area, Electric Dryer Hookup, Laundry Room
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View City Lights
Total Parking Spaces 8
Private Pool No
Building
Lot Description Sprinkler System
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 0284531270000
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Nearby School & Business
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