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

2,460 sqft

Lot size

7,930 sqft

Year built

1947

Stories

1

Garage spaces

2

Style

Ranch

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

22

MLS #

247362158

About this property

Unique triplex opportunity in desirable Loma Linda featuring three single-story residences, a detached two-car garage, ample off-street parking, no HOA, and inviting outdoor spaces. Conveniently located near Loma Linda University Medical Center, the VA Medical Center, and Redlands Community Hospital, the property offers easy access to major freeways, shopping, dining, and everyday conveniences. Just minutes away is the charming city of Redlands, known for its historic downtown, unique shops and restaurants, and popular summer performances at the historic Redlands Bowl. Loma Linda is internationally recognized for its association with longevity and the Blue Zones, adding to the appeal of this desirable Southern California community. Excellent public and private schools are nearby, along with a neighborhood park. The property is within walking distance of shopping centers featuring Clark's Nutrition, Stater Bros. Market, and Walmart, with convenient access to additional restaurants, gas stations, banking, and other services. The spacious Spanish-style front residence offers three bedrooms, one bathroom, indoor laundry, and a versatile storage room or office just off the kitchen. A charming gated patio welcomes you into the large, light-filled living room featuring vaulted ceilings, exposed wood beams, oversized windows, and a fireplace. New flooring extends through the living and dining areas, and the interior has been freshly repainted. The bright kitchen offers abundant cabinetry and counter space, a gas range, dishwasher, and adjoining dining area. At the rear of the property is a detached duplex featuring two additional one-bedroom, one-bathroom residences sharing a common wall. Each residence offers two private entrances and individual laundry hookups. All three residences feature Milgard dual-pane windows. Outdoor spaces include grassy areas, patios, mature landscaping, and separate tenant storage units. Parking is another standout feature, with a detached two-car garage, a long driveway, multiple off-street parking spaces, and additional street parking. This versatile property presents an excellent opportunity for an investor or owner-occupant seeking flexibility, multiple residences, and rental income potential. Estimated pro-forma gross rental income is $72,000 annually.

Location

25612 Lane Street

Loma Linda, San Bernardino, CA, 92354