- For Sale $7,295,000
- Property Type Multi-Family
- Property Size 19,750 SF
- Units 25
- Lot Size 0.75 Acre
- Cap Rate % 5.01
- Year Built 1972
- Date Updated Mar 4, 2025
PROPERTY HIGHLIGHTS
• 100% occupied and rental collections
• 15% realistic rental upside
• Many recent capital improvements
and renovations
• Superb unit of 84% 2 bedroom /
2 bath units
• Well landscaped with inviting
curb appeal
• Separately metered for gas and electric
• Laundry room and gated parking
• Close To 10 Freeway, VA, and Loma
Linda Hospital
• Professionally managed
• Turn key
CAPITAL IMPROVEMENT
• All new roofs and rain gutters
• Earthquake retrofit and seismic upgrades (2021)
• All new PEX plumbing (cross-linked
polyethylene) throughout
• 20 of the 25 units have been completely
rehabbed with new flooring, windows, cabinets,
stove, microwave, countertops, sink, toilet,
vanity, shower, AC, recessed lighting, and
ceiling fans
• 100% of all HVAC has been replaced
• Slurry and striping
• New electronic driveway gate and motor
• New tankless water heaters
• All new drought-resistant landscaping
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
-
Walk Score ®
65/100 Somewhat Walkable
-
Transit Score ®
36/100 Some Transit
-
Bike Score ®
57/100 Bikeable
- City Loma Linda, CA
- Zip Code 92354
- Market Inland Empire
Points of Interest
-
San Bernardino–Tippecanoe
1.89 miles
-
Redlands–Esri
2.82 miles
-
Redlands–Downtown
3.54 miles
-
Redlands–University
4.54 miles
-
San Bernardino Depot
5.31 miles
-
Riverside–Hunter Park/UCR
6.28 miles
-
Moreno Valley/March Field
9.80 miles
-
Chevron
0.08 miles
-
Arco
1.07 miles
-
Valero
1.20 miles
-
Shell
1.48 miles
-
Costco Gasoline
1.67 miles
-
7-Eleven
1.75 miles
-
Tesla Supercharger
3.44 miles
-
Electrify America
3.79 miles
-
eVgo
3.93 miles
-
San Bernardino Supercharger
3.94 miles
-
Loma Linda VA Employee Parking Garage
0.27 miles
-
(handicapped)
0.42 miles
-
LLUMC Valet Parking Lot
1.01 miles
-
Dental Patient Parking
1.07 miles
-
Patient Parking Structure
1.20 miles
-
North Parking Lot
1.57 miles
-
South Parking Lot
1.59 miles
-
Truesdail Parking Lot
4.55 miles
-
City Hall Public Parking Sctructure
4.65 miles
-
Armacost Parking Lot
4.73 miles
-
Holiday Inn Express & Suites
1.15 miles
-
TownePlace Suites
1.19 miles
-
Loma Linda Inn
1.45 miles
-
Fairfield Inn & Suites San Bernardino
1.59 miles
-
Residence Inn San Bernardino
1.67 miles
-
Hampton Inn & Suites San Bernardino
1.76 miles
-
Homewood Suites by Hilton San Bernardino
1.78 miles
-
Home2 Suites
2.00 miles
-
SpringHill Suites
2.18 miles
-
Country Inn & Suites
2.25 miles
-
Chinatown
0.16 miles
-
Carl's Jr.
0.19 miles
-
McDonald's
0.21 miles
-
Farmer Boys
0.93 miles
-
Masala Indo-Pak Cuisine
1.03 miles
-
Maki Yaki 22
1.04 miles
-
Mr. Kebab's
1.06 miles
-
Cha-Cha's Tacos
1.24 miles
-
Baker's Drive-Thru
1.33 miles
-
Del Taco
1.36 miles
-
Taylor Junior Academy
0.77 miles
-
Loma Linda University
0.98 miles
-
Bryn Mawr Elementary School
1.02 miles
-
Loma Linda Academy
1.25 miles
-
Mission Elementary School
1.29 miles
-
Barton House Playschool
1.57 miles
-
Montessori in Redlands
1.59 miles
-
Victoria Elementary School
1.60 miles
-
The Grove School
1.60 miles
-
Barbara Phelps Community School
1.71 miles
-
Loma Linda Childrens Center Kindergarten
0.61 miles
-
First Lutheran Children's Center
3.12 miles
-
Ahrens Child Care Center
4.43 miles
-
FSA Child Development Center
4.97 miles
-
Christ the King Lutheran School
5.21 miles
-
Teddy Bear Tymes Child Care Center
5.70 miles
-
TutorTime Highland
5.91 miles
Frequently Asked Questions
The space currently listed for sale at Prospect Apartments asks for $7,295,000.
Prospect Apartments totals 19,750 square feet.
Prospect Apartments was built in 1972.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Kidder Mathews