25356 Cole St
Loma Linda, CA 92354
University Palms · Multifamily Property For Sale
·
24 Units
Property Facts
| No. Units | 24 | Building Size | 20,430 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1968/2005 |
| Building Class | C | Parking Ratio | 2.3/1,000 SF |
| Lot Size | 1.01 AC | ||
| Zoning | R-2, Loma Linda | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.01 AC |
| Building Size | 20,430 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1968/2005 |
| Parking Ratio | 2.3/1,000 SF |
| Zoning | R-2, Loma Linda |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Wi-Fi
- Dining Room
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Security System
- Laundry Service
- Pet Play Area
- Renters Insurance Program
- Wi-Fi
- Community-Wide WiFi
About 25356 COLE ST , LOMA LINDA, CA 92354
University Palms is a market rate apartment complex built in 1968 containing spacious 24 two-bedroom & one-bathroom units. Located on 1.01-acre lot University Palms underwent extensive interior/exterior renovations with capital improvements exceeding $500,000. Loma Linda has an extremely high rental demand with a scarce supply of newly renovated apartment units. University palms provides a luxurious and quiet style of living with-in walking distance to all surrounding hospitals, medical offices, convalescent homes, & university classrooms achieving a tenant profile willing to pay premium rental rates backed by immense rental demand. This offering provides an investor with the opportunity to acquire a turnkey asset tailored to produce strong and stable returns for many years to come.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 24 | - | 850 - 950 |
Property Taxes
| Parcel Number | 0284-141-28 | Improvements Assessment | $6,015,053 |
| Land Assessment | $874,917 | Total Assessment | $6,889,970 |
Property Taxes
