25432 Cole Street
$3,000,000
2
75
9,200
9,200
$326
Description
Welcome to an exceptional investment opportunity. A prestigious three-story townhome/condo-style apartment complex designed with the savvy investor in mind. Each unit was originally planned as an independent townhome or condo, equipped with separate meters, allowing for the potential of individual resale in the future, adding flexibility to your investment portfolio. Situated in an advantageous location, this complex offers proximity to the thriving "HUB" Shopping Center, which houses prominent retailers...Welcome to an exceptional investment opportunity. A prestigious three-story townhome/condo-style apartment complex designed with the savvy investor in mind. Each unit was originally planned as an independent townhome or condo, equipped with separate meters, allowing for the potential of individual resale in the future, adding flexibility to your investment portfolio. Situated in an advantageous location, this complex offers proximity to the thriving "HUB" Shopping Center, which houses prominent retailers such as Sam's Club, dining destinations like In-N-Out, BJ's Restaurant & Brewhouse, El Pollo Loco, and essential banking facilities. The units themselves are expertly designed, each offering two spacious master bedrooms and two and a half baths, accompanied by a private balcony, adding to their desirability among tenants. Central HVAC and heating systems ensure year-round comfort, while the convenience of an individual two-car garage with laundry facilities enhances your property's rental appeal. Ample parking options are available for both residents and their guests, simplifying the property management process. These meticulously maintained units, now completely updated and ready for occupancy, boast exceptional curb appeal and are located in a rental-friendly area known for its array of amenities. The complex, constructed in 2016, minimizes your maintenance costs, offering a secure investment option. In addition to these attractive features, consider the robust demographics within a 2-mile radius, with an average household income of approximately $80,285. This area is a magnet for renters, further bolstering the property's income potential. Monthly rental rates currently average around $3,200 per unit, ensuring strong and consistent cash flow. Easy to rent to Dr's, Nurses on "travelingnursehousing.com or Furnishedfinder.com" for top rental income and quickly! Furthermore, all five units are equipped with brand-new stove/oven combos, microwaves, and dishwashers, reducing maintenance and upkeep costs. This complex isn't just an investment; it's a strategic venture that combines luxury and practicality. Now, with the units completely updated and ready for your new tenants, it's a prime choice for the discerning investor looking to expand their multi-family portfolio. Don't miss this opportunity to secure a slice of the real estate market's steady income potential.
- Listed by Albert Rodriguez • DRE #01250095 • Brokerage DRE #00848848 • CENTURY 21 CITRUS REALTY INC • 626-255-4854
Property Details for 25432 Cole Street
Parking Spaces Total
10
Private PoolNo
Cooling TypeCentral
Total Units5.0
Building TypeAttached
Lot Size SourceAssessor
Living Area9200
Assessor Parcel Number0284-141-08-0000
LISTING UPDATED: 10/29/2024 05:03 AM
Property Details for 25432 Cole Street
Status | Active |
---|---|
MLS # | CV23196087 |
Days on Market | 399 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 2016 |
Lot Size | 0.37 AC / 16,306 SF |
County | San Bernardino County |
Building Information for 25432 Cole Street
Stories3Residences-Year Built2016Building Size-Lot Size0.37 AC / 16,306 SF
Property Information for 25432 Cole Street
Property History for 25432 Cole Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 25432 Cole Street
Taxable ValueLand$856,800Additions$1,999,200Total$2,856,000
Tax Record2024$33,611 ($2,801 / month)
Home Facts
Total Finished SqFt6,855 SqFtAbove Grade Finished SqFt6,855 SqFtStories3Lot Size16,306 SqFtStyleMulti-Family Res (5+ Units)Year Built2012Year Renovated2016CountySAN BERNARDINOAPN0284-141-08-0000
Schools near 25432 Cole Street
This home is within Redlands Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Mission Elementary School PublicK to 5 | ||
Cope Middle School Public6 to 8 | ||
Redlands Senior High School Public9 to 12 | ||
Grove School Charter7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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