Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Triplex

Bedrooms

3

Building size

4,000 sqft

Lot size

13,207 sqft

Year built

1930

Stories

2

Garage spaces

0

Cooling

Central Air

Pool

None

Status

Active

Days on market

26

MLS #

246399929

About this property

PLEASE SEE NEARBY SALE COMP IN SUPPLEMENTS ATTACHED FOR $1,248,000!! SIMILAR BED/BATH COUNT AND SIMILAR DISTANCE FROM UNIVERSITY!!! That's why this is a rare great offering. Just minutes north of the University and south of Redlands Blvd. Property consists of a large 2,500 SF +/-, 3 bed 2 bath freestanding home with it's own private fenced front & rear yard in the front of the property. And a duplex in rear of the property that consists of two 2 bed 1 bath for each duplex unit. PLEASE SEE 3&2 and 2&1 RENT COMPS IN SUPPLEMENTS ATTACHED! Further, there is excess land of a building pad that can accommodate 4+ plus units. All property and units have been remodeled like new. Front house has all its own utilities including its own water meter that tenants sign up for and pay for SO LANDLORD DOESN'T HAVE TO PAY WATER!!. The front house is vacant but we have a tenant lined up to pay $3,500 monthly if your buyer wants. The front house has it's own laundry room inside, and the duplex has its own laundry room. At Actual Rents (including prospective tenant) we're putting out a better than market 7.05% Cap Rate!!! At market rents, we're putting out a 9.48 Gross Rent Multiplier, an impressive 9.16% Cap Rate, and an EYEOPENING 17.00% CASH ON CASH RETURN!!. Please see this data along with the the Rent Roll in the SUPPLEMENTS attached.

Location

10567 Ohio

Loma Linda, San Bernardino, CA, 92354