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25675 Prospect Ave, Loma Linda, CA, 92354

$7,000,000

0 Baths
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingAssigned, Covered
Year Built1972
MLS #OC24233904
Lot Size0.75 Acres
StatusActive

About 25675 Prospect Ave

This Property is being sold as a 3 property, 138 Unit Total Portfolio. 88 Units at 3681 Cranford Ave, Riverside, 25 Units at 1480 7th St, Riverside, and 25 Units at 25678 Prospect Ave, Loma Linda. The Loma Linda Apartments, 25 apartment units located at 25675 & 25695 Prospect Avenue, Loma Linda, California. Located just a 1 mile south of the 10 freeway and walking distance to VA Hospital. The tenants have excellent access to transportation & employment. The Apartments are located on a quiet cul-de-sac within walking distance to Barton Road which offers numerous retail shopping and restaurants. The unit mix consists of four 1 bedroom/ 1 bathroom & twenty-one 2 bedroom / 2 bath units. Each unit is separately metered for gas and electric. The parking is ample with assigned carport, open & street parking. The local apartment market in the city of Loma Linda remains robust/tight and thus this property offers an investor the ability to capture quality residents seeking a well-located neighborhood with convenient access to a wide variety of retail, transportation and educational amenities with realistic rental upside. This overall demand for well-located work force apartments will be a key driver in the continued growth at 25675 & 25695 Prospect Avenue, Loma Linda, California.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Stories: 2

Listing Office:

  • Office Name: Mark Bridge, Broker
  • Office Email: Mark.Bridge@cushwake.com
  • Listing Agent: Mark Bridge

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned, Covered

Lot Features

Lot Information:

  • Lot Size: 0.75 Acres

Other

Directions Information:

  • Directions: Head East on Barton Rd, take a Left onto Mountain View Ave, then Left onto Prospect Ave. Property will be on the Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,000,000

Tax Information:

  • Annual Amount: $38,396
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Loma Linda, CA.

Med. Sold Price

$610K

Med. Price/SqFt

$356

Avg. Days On Market

41

# of Sold Homes

17

25675 Prospect Ave vs Loma Linda

1 DAY ON ROCKET

-40 Days

$7,000,000

+$6.3M More

KEY TAKEAWAY

This property is $6.3M more than the Median Sold Price in Loma Linda, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24233904

Listing Office:

  • Office Name: Mark Bridge, Broker
  • Office Email: Mark.Bridge@cushwake.com
  • Listing Agent: Mark Bridge

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 31, 2015Home Sold
$2,800,100
Mar 26, 2013Home Sold
$2,520,000
Apr 14, 2004Home Sold
$2,175,000
Apr 07, 2003Home Sold
$890,000

Tax History

YEARPROP. TAXASSESSMENT
2021$38,396$3,062,209
2020$36,756$3,030,810
2019$35,834$2,971,382
2018$35,531$2,913,120
2017$32,489$2,856,000

History based on county public records data.

Payment Calculator

$35K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$21K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-434754
5
/10
  • Bryn Mawr Elementary School

  • 11680 Whittier Ave

  • 1.01 miles

  • Public District Grades KG-5

school-card-donut-434755
5
/10
  • Mission Elementary School

  • 10568 CA St

  • 1.27 miles

  • Public District Grades KG-5

school-card-donut-434756
5
/10
  • Victoria Elementary School

  • 9963 Richardson St

  • 1.62 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,958. Residents of Loma Linda, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 25675 Prospect Ave

What is the listing price of this property?

The listing price of 25675 Prospect Ave property is $7,000,000.

What type of property is this?

The property 25675 Prospect Ave is a condo located in Loma Linda, California, 92354.

Is this property for sale now?

Active Listing: 25675 Prospect Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $38,396 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 31, 2015 for $2,800,100. (source: MLS/tax record).

Which year was this property built?

The year of construction for 25675 Prospect Ave is 1972.
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Rocket HomesCaliforniaSan Bernardino CountyLoma Linda9235425675 Prospect Ave

This home is located at 25675 Prospect Ave in Loma Linda, CA and zip code 92354. This home, which was built in 1972, sits on a 0.75 acre lot. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $7,000,000.

In October 2024 more than 3 listings in Loma Linda, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 11 were sold below. Between September 2024 and October 2024, Loma Linda, CA real estate market has seen decrease in the number of listings by 7.9%. The median list price of listings available in October 2024 was $610,000, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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