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25239 Cottage Ave
Loma Linda, CA 92354
6 Units on 2.34 Acres Loma Linda · Land For Sale
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2.34 AC
Investment Highlights
- Great multifamily development opportunity.
- Existing income over $150,000
- Less than 1 mile to Loma Linda Medical Center and University
Property Facts
| Property Type | Land | Total Lot Size | 2.34 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Multifamily | ||
| Zoning | R3 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 2.34 AC |
| No. Stories | 1 |
| Zoning | R3 |
Description
Generational opportunity to acquire a unique project consisting of 6 units across ±2.34 acres with an existing R3 zoning and over $150,000 of existing gross income. A vast array of multifamily developments are possible here. Use the existing income to help offset some costs while you continue to develop the property with additional units. The purchase price includes (3) parcels consisting of 25239, 25255 and 25259 Cottage Avenue. Preliminary site plans (ideas) and a topographic survey are available for review. Current owner can stay aboard for a JV or open to creative financing or trades.
Property Taxes
| Parcel Numbers | Improvements Assessment | $656,188 | |
| Land Assessment | $328,096 | Total Assessment | $984,284 |
Property Taxes
Parcel Numbers
Land Assessment
$328,096
Improvements Assessment
$656,188
Total Assessment
$984,284
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