Loma Linda, CA 92373,25770 Miramonte ST

$775,000

$850,000

8.8%
Est.Price: ?

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Est. payment /mo

1,950 SqFt


SOLD DATE : 07/27/2022

Key Details

Sold Price $775,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,950 sqft

Price per Sqft $397

MLS Listing ID TR22127092

Sold Date 07/27/22

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1951

Lot Size 7,200 Sqft

Acres 0.1653

Property Description

Estimated rental income $5,200 for the two houses built on 1 lot. This first built in 1951, the second was built in 2018. Located minutes to world renowned Loma Linda Medical Center University, Jerry L. Pettis Memorial Veterans' Hospital, and downtown Redlands. This 3 bedroom, 2 bath detached home features a second home on the same estate. The 2nd dwelling encompasses a 2 bedroom, 2 bath home, an attached 2 car garage with an open floor plan and alley access. Each home has its own address, a private front door with its own gas and electrical meters.
Live on the same property with your elderly parents, your adult children, family members or friends and yet still have ample privacy. You could also lease out the completely separate portion of your property and get a huge bonus check each month!
There is uncertainty in the stock market, predictions of Social Security running out and rising inflation. Could this be the right time to move your money into real estate? This property offers two distinct, easily rentable, private homes in a safe neighborhood and could give you 2 separate streams of income.
All the remodeling, design, and construction work has already been done for you. Both of these homes are in “Move In” condition, inside and out. They are ready for you and/or your tenants. These homes with wood floors, crown molding, LED recessed lights and ceiling fans installed are freshly painted throughout. The homes have remodeled kitchens and bathrooms, granite counters tops and are complete with all appliances, including refrigerator, washer/dryer and microwave. The front house has gated RV parking, wood decking and both are fully landscaped. Don’t let this opportunity pass you by!

Location

State CA

County San Bernardino

Area 267 - Loma Linda

Rooms

Other Rooms Guest House Detached

Ensuite Laundry Laundry Room

Interior

Interior Features Ceiling Fan(s), Granite Counters, Open Floorplan

Laundry Location Laundry Room

Heating Central

Flooring Wood

Fireplaces Type None

Fireplace No

Appliance Electric Range, Gas Range, Microwave, Refrigerator, Water Heater

Laundry Laundry Room

Exterior

Garage Door-Multi, Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Vinyl

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

View Y/N No

View None

Roof Type Composition,Shingle

Parking Type Door-Multi, Driveway, Garage

Total Parking Spaces 2

Private Pool No

Building

Lot Description Front Yard, Sprinklers In Front, Landscaped, Sprinkler System, Street Level

Story 1

Entry Level One

Foundation Raised, Slab

Sewer Shared Septic

Water Public

Level or Stories One

Additional Building Guest House Detached

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 0292092110000

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, FHA

Listing Terms Cash, Cash to New Loan, 1031 Exchange, FHA

Financing Private

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Michael Gutierrez • Signature R.E. And Financial
Bought with SOLOMON NIAZI • REALTY ONE GROUP TRILOGY
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