10982 Rincon Street, Loma Linda, California 92354, Loma Linda, 92354 - 0 bed, 0 bath
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10982 Rincon Street
Loma Linda, California 92354
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
3,448Sq Ft
8,925Lot Size
Property Price
LIST PRICE$1,250,000
EST. MARKET VALUE
$1,265,000
SUMMARY
This High-Potential Investment Opportunity is a turnkey quadruplex listed at $1,250,000, positioned near its $1,265,000 Fair Market Value. Featuring a Turnkey Condition Rating with 2024 capital improvements including a new roof, electrical panels, and exterior paint, this asset minimizes immediate overhead. With all units leased and a prime location near major medical institutions, it offers immediate, stable cash flow. This is a low-maintenance, scalable acquisition ideal for Buy-and-Hold Investors or Portfolio Managers seeking a stabilized, income-producing asset in Loma Linda.
Estimated Market Value
$1,265,000
Based on Realkey algorithm analyzing recent comparable sales in Loma Linda.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10982 Rincon Street Subject | $1,250,000* List Price | 0 | 0 | 3,448 | $367 | - |
A 10952 Rincon Street Active | $1,300,000 List Price | 0 | 0 | 3,448 | $377 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent extensive capital improvements in 2024 (<5 years ago), including a new roof, new electrical panels, and fresh exterior paint. Kitchen photos show brand new stainless steel appliances with protective film still attached, modern cabinetry, and updated countertops, indicating a turnkey condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features significant upgrades completed in 2024, including a new roof with warranty, updated electrical panels, and fresh exterior paint, minimizing immediate capital expenditure for the buyer.
- Turnkey Income Stability
With all four units currently leased and a mix of fully remodeled and well-maintained interiors, this asset offers immediate positive cash flow and reduced management effort.
- Strong Rental Market Location
Located in Loma Linda, the property benefits from a high-demand rental environment driven by proximity to major medical institutions and universities, ensuring long-term occupancy stability.
CONSRISKS & DEFICIENCIES
- Landlord-Paid Utilities
The landlord covers water, trash, and landscaping expenses, which increases monthly operating overhead and can compress the net operating income (NOI).
- Restricted Initial Access
The requirement for offers to be made subject to interior inspection may deter some buyers and adds a layer of uncertainty to the initial valuation process.
About 10982 Rincon Street
10982 Rincon St, Loma Linda — Investor-ready quadruplex offering steady income and low near-term capital needs. Property highlights: - Four units, each 2 bed / 1 bath; two units fully remodeled, two updated and well maintained - All units currently leased; excellent rental stability - On-site laundry room with washer and dryer - No pending repairs; units and common areas in good condition - Landlord pays water, trash, and landscaping (gardener) - New roof (2024) with warranty; exterior painted 2024 - Electrical panels replaced in 2024 - HVAC systems in great condition and regularly serviced Investment appeal: Turnkey asset delivering positive cash flow with recent capital improvements that reduce near-term expenses and management time. Ideal for investors seeking a scalable, stabilized income property in Loma Linda. Offers will need to be made subject to interior inspection.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1977
- Lot Size
- 8,925 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,448 | 2,379.333 |
| Lot Size | 8,925 | 7,775 |
| Price | $1.25M | $889.6K |
| Price per sq ft | $363 | $387 |
| Built year | 1977 | 1960 |
| HOA | $0 | $0 |
| Days on market | 23 | 51 |
Pricing History
Listed for Sale
Aug 17, 2026
$1,250,000
Initial Listing
Sold
Oct 4, 2024
$1,135,000
Public Record
Sold
Aug 19, 2015
$510,000
Public Record
Sold
Jul 20, 2005
$590,000
Public Record