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San Lucas Units @ LLU 11227 San Lucas Dr

5 Unit Apartment Building $1,685,616 CAD ($337,123 CAD/Unit) 4.80% Cap Rate Loma Linda, CA 92354

Investment Highlights

  • 5 Spacious Units Suites
  • Strong Market Rental Income ± 23% under market rents
  • Prime Location and Low Maintenance
  • Potential for Value Appreciation

Executive Summary

Discover a lucrative investment opportunity with this exceptional multi-family property in the heart of Loma Linda. Strategically located just steps away from Loma Linda University Medical Center, this property offers unparalleled potential for consistent rental income and long-term appreciation.
Don't miss this chance to secure a prime investment property in one of Southern California's most sought-after locations. Contact us today to explore the endless possibilities of this exceptional opportunity.

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,685,616 CAD
Price Per Unit $337,123 CAD
Sale Type Investment
Cap Rate 4.80%
Sale Conditions
1031 Exchange
  • Redevelopment Project
Gross Rent Multiplier 14.29
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class B
Lot Size 0.13 AC
Building Size 1,412 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1928/2010
Opportunity Zone Yes

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Oven
  • Range
  • Tub/Shower
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • Trash Pickup - Curbside
  • Public Transportation
  • Individual Locking Bedrooms

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 $1,545 CAD 240

zoning

Zoning Code Multifamily (Multifamily.)
Multifamily (Multifamily.)
  • Listing ID: 33238027

  • Date on Market: 2024-09-19

  • Last Updated:

  • Address: 11227 San Lucas Dr, Loma Linda, CA 92354

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