$1,259,000
SOLD MAY 29, 2025

25461 Cole St Unit 3 Loma Linda, CA 92354

8 Beds
5 Baths
2,900 Sq Ft
9,300 Sq Ft Lot

Recently Sold

$434 Per Sq Ft

7% Below List Price

73 Days on Market

Highlights

  • New Construction
  • RV Access or Parking
  • Wood Flooring
  • Cope Middle School Rated A-
  • Mountain View
  • Quartz Countertops

About This Home

As of May 2025

This turnkey, 3 unit investment property (or live in one, rent the others/family compound), has the look and feel of brand new construction in all 3 units. Three different permitted homes sit on this one spacious lot. Two (3 bedroom, 2 bath homes) and one (2 bedroom, 1 bath home.) Each unit includes; central air and heating, a finished 2 car garage, fire sprinkles, high quality cabinets in the kitchen and bathrooms, matching modern cut quartz counters with subway tile backsplashes, newer flooring, crown molding throughout, upgraded faux wood blinds, ceiling fans, recessed lighting and freshly painted interior and exterior. All homes are in move-in condition and located in the small quaint community of Loma Linda, walking distance from the internationally known Loma Linda Hospital, the Jerry L Pettis Memorial Veterans Hospital and Loma Linda University. Situated minutes from the shops and the restaurants of downtown Redlands.The front yard of the property is enclosed by a white picket fence that surrounds the beautiful garden. The long, extended driveway could easily store almost any sized motorhome or boat. As a rental property, it's a great location for highly qualified, reliable tenants, doctors, nurses, and other people in the medical field. The properties all share the same water and trash bill. Gas and electric meters are separate for the front and rear buildings. The middle unit is completely new construction. The plumbing and roofs of the other structures are only 4-5 years old. All the units have matching stainless steel washers and dryers, refrigerators, dishwashers, microwave ovens, stove tops, and oven ranges which are included with the price (except the front unit does not include laundry appliances or a microwave oven).Compared to the other properties in this category, don’t expect this property to be on the market long!

Last Agent to Sell the Property

Michael Gutierrez

Signature R.E. And Financial Brokerage Email: Mykol1@aol.com License #00979300 Listed on: 02/25/2025

Last Buyer's Agent

NICOLE COUTEE

KELLER WILLIAMS REALTY License #02205188

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,431

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 9,300 Sq Ft Lot
  • No Common Walls
  • Vinyl Fence
  • Wood Fence
  • Landscaped
  • Sprinkler System
  • Garden
  • Front Yard

Parking

  • 6 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Home Design

  • Triplex
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Wood Flooring
  • Mountain Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas and Electric Range
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 14
  • Tax Tract Number 2303
  • Assessor Parcel Number 0284142110000
  • $712 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $1,500
  • Maintenance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $3,300
  • New Taxes Expense $16,464
  • Operating Expense $25,668
  • Gross Income $100,800
  • Net Operating Income $65,052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,431

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • Price Per Unit: 450000
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 3300.00
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0284142110000
  • Year Built: 2024
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Quartz Counters
  • Stories: 1
  • Entry Location: Street
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 434.14
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Primary Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Vinyl, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Concrete, Garage, Garage Door Opener, On Site, RV Access/Parking, Tandem Covered, Tandem Garage
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Gas & Electric Range, Gas Oven, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Landscaped, Sprinkler System
  • Lot Size: 62 by 150
  • Lot Size Sq Ft: 9300.00
  • Lot Size Acres: 0.2135

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 500 Square Feet
  • Average3 Bed Area: 1200 Square Feet
  • Fuel Expense: 1500.00
  • Gross Income: 100800.00
  • Gross Operating Income: 90720.00
  • Gross Scheduled Income: 100800.00
  • Lot Size Area: 9300.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 65052.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 2
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 25668.00
  • Rent Control: No
  • Total Expenses: 25668.00
  • Vacancy Allowance Rate: 10.00

Tax Info

  • New Taxes Expense: 16464.00
  • Tax Census Tract: 73.06
  • Tax Lot: 14
  • Tax Tract Number: 2303
  • TaxOtherAnnualAssessmentAmount: 712.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
May 20, 2025
Sold by
Davies Rebekah and Turner Robert
Bought by
Heather Armbruster Living Trust and Armbruster
Seller's Agent
Michael Gutierrez
Signature R.E. And Financial
Buyer's Agent
NICOLE COUTEE
KELLER WILLIAMS REALTY
List Price
$1,350,000
Sold Price
$1,259,000
Premium/Discount to List
-$91,000
-6.74%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-80.05%

Purchase Details

Closed on
Jan 10, 2020
Sold by
Davies Rebekah
Bought by
Davies Rebekah and Turner Robert

Purchase Details

Closed on
Aug 24, 2016
Sold by
Gabriel Judith and Libby Christina
Bought by
Davies Rebekah

Purchase Details

Closed on
Aug 23, 2016
Sold by
Davies Robert D
Bought by
Davies Rebekah

Purchase Details

Closed on
Jun 13, 2016
Sold by
Aldea Anna F
Bought by
Gabriel Judith and Libby Christina

Purchase Details

Closed on
Jun 10, 2016
Sold by
Libby Stephen R
Bought by
Libby Christina

Purchase Details

Closed on
Jun 2, 2016
Sold by
Aldea Anna F and The David D Aldea & Anna F Ald
Bought by
Gabriel Marshall J and Gabriel Judith A

Purchase Details

Closed on
Jul 17, 2015
Sold by
Aldea David D and Aldea Anna F
Bought by
Marshall J & Judith A Gabriel Living Tru and The Libby Family Trust

Purchase Details

Closed on
Oct 24, 2000
Sold by
Aldea David D and Aldea Anna F
Bought by
Aldea David D and Aldea Anna F
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,259,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Grant Deed $220,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed -- Accommodation
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Grant Deed -- Fidelity National Title Co
Interfamily Deed Transfer -- Accommodation
Grant Deed -- Fidelity National Title Co
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Rent $2,500 0.0% --
05/29/2025 05/29/25 Sold $1,259,000 -6.7% $434 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $1,350,000 -- $466 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,431 $398,567 $76,599 $321,968
2024 $4,431 $378,986 $75,096 $303,890
2023 $4,425 $371,555 $73,624 $297,931
2022 $4,359 $364,269 $72,180 $292,089
2021 $4,437 $357,127 $70,765 $286,362
2020 $4,084 $233,465 $70,039 $163,426
2019 $2,883 $228,888 $68,666 $160,222
2018 $2,812 $224,400 $67,320 $157,080
2017 $2,789 $220,000 $66,000 $154,000
2016 $424 $28,987 $6,366 $22,621
2015 $421 $28,551 $6,270 $22,281
2014 $415 $27,992 $6,147 $21,845
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR25040171

California Regional Multiple Listing Service (CRMLS)

APN: 0284-142-11