
Loma Linda, California 92354
** R3 ZONING – SELLER WILL FINANCE! ** ALMOST 1/2 ACRE ** Calling all investors and developers: this deep rectangular lot offers excellent multi-unit development potential. Situated among established multi-unit properties, it’s a natural fit for building income-producing units. Loma Linda University Medical Center is within walking distance, creating steady rental demand and freeway access is just minutes away. Flexible seller financing makes this an opportunity you don’t want to miss.
Property is land value only, full reconstruction required.
The property was built in 1906 (120 years old) with no mention of recent renovations. The listing is marketed strictly for its R3 zoning and land value, targeting developers for multi-unit potential rather than highlighting the livability of the existing 910 sqft structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20460, living area = 910.
The R3 zoning and expansive 20,460 sqft lot offer significant multi-unit development opportunities in a high-demand area.
Situated within walking distance to Loma Linda University Medical Center, the property guarantees a steady stream of potential tenants and high rental demand.
Built in 1906, the existing 910 sqft structure is likely near the end of its functional life, necessitating costly updates or complete demolition.
With a small living area relative to the list price, the property’s value is concentrated in the land, making it less attractive for traditional owner-occupants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 910 | 2,189.135 |
| Lot Size | 20,460 | 8,198.514 |
| Price | $475.0K | $741.0K |
| Price per sq ft | $522 | $346 |
| Built year | 1906 | 1991 |
| HOA | $0 | $225 |
| Days on market | 15 | 68 |
Oct 9, 2026
$475,000
Initial Listing
Sep 8, 2023
$465,000
Public Record
Apr 16, 2020
$200,000
Public Record
Sep 26, 2012
$150,000
Public Record
Jan 27, 2011
$55,000
Public Record
Jan 3, 2011
$55,000
Public Record
Apr 18, 2003
$105,000
Public Record