10952 Rincon Street, Loma Linda, CA 92354
- $1,300,000
- List Price
- $1,300,000
- Status
- ACTIVE
- MLS#
- PW26176694
- Year Built
- 1977
- Lot Size
- 8,925
- Acres
- 0.20
- Lot Location
- Sprinkler System
- Days on Market
- 2
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
10952 Rincon St, Loma Linda — Exceptional fully remodeled quadruplex, a turnkey investment with strong cash flow. Property highlights: - Four units, each 2 bed / 1 bath, fully remodeled with modern finishes - On-site laundry room with washer and dryer - No pending repairs; well-maintained and move-in ready - Landlord pays water, trash, and landscaping (gardener) - New roof and recently replaced electrical panels - HVAC systems in excellent condition and regularly serviced - Attractive investor opportunity with a CAP rate of approximately 7% Location and opportunity: Situated in Loma Linda, this quadruplex provides stable rental income and low near-term capital needs thanks to recent upgrades. It’s an ideal addition to an investor portfolio seeking immediate upside and reliable operations. Additional offering: An adjacent quadruplex at 10982 Rincon St is also for sale. Seller is offering discounted pricing for a buyer who purchases both properties — an appealing scale play for investors seeking increased portfolio cash flow and operational efficiency. Contact the listing agent Vince at 951-642-8521 for financials and combined-purchase pricing with the neighboring quadruplex at 10982 Rincon St. Offers will need to be made subject to interior inspection. Listing agent available for all your questions.
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Additional Information
- Appliances
- Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Dryer, Washer
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- City Lights
- Garage Spaces Total
- 8
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $98,400
- Operating Expense
- 7380
Listing courtesy of Listing Agent: Vince Lacambra (vince@lacambraregroup.com) from Listing Office: Cochran Real Estate Professionals Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.