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    Loma Linda Duplex Opportunity Title is generated by Realmo AI

    11121 Richmont, Loma Linda, CA 92354

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    For Sale
    $729,000

    Duplex - Loma Linda, CA

    Type:Duplex
    Property size:
    1,845 SF
    Lot size:
    7,200.00 Acres
    Price / SF:
    $395/SF
    Added:
    May 16, 2026
    Days on Market:
    4
    Last Refresh:
    May 19 at 1:06 pm

    Property Features for 11121 Richmont

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking
    2
    Parking features
    Driveway
    Exterior features
    Community Features Included: Suburban, Lot 6500-9999
    Standard status
    Active
    APN
    0284123030000
    Size
    1,845 SF
    Lot size
    7,200.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1952
    Floors in Building
    1
    Number of units
    2
    Architectural style
    Other

    We can help!

    Listing Contact
    MARGERY VELASQUEZ
    MARGERY VELASQUEZ

    Listing agent MARGERY VELASQUEZ License #01960336

    Listing office KELLER WILLIAMS REALTY 1473 Ford Street Ste 200, Redlands, CA

    Listing date May 16, 2026

    MLS# IG26106998 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Excellent location in the "walk zone" to Loma Linda University, Medical Center, Children's Hospital, and VA Hospital
    • Duplex offers two spacious 2‑bedroom, 1‑bath units (approx. 900 sqft each) for flexible living/rental options
    • Ideal for investors or multigenerational living
    • Features a detached 2‑car garage and long driveway for ample parking and storage
    • Convenient access to the 10 freeway for easy commuting
    • Includes a shared outdoor laundry room with hookups for both units

    Overview

    This duplex in Loma Linda features two 2-bedroom, 1-bath units, each approximately 900 square feet. The property provides flexibility for owner-occupant living and rental income. A shared outdoor laundry room includes hookups for both units. Parking is ample, with a long driveway and a detached 2-car garage. Situated in a walkable area, the duplex is a short distance from the Drayson Center, Loma Linda University, Medical Center, Children's Hospital, and VA Hospital. It is also conveniently located near grocery stores, dining options, and the trails at Hulda Crooks Park. Access to the 10 freeway is quick, facilitating easy commuting. The property is located on a lot of 0.1652892561983471 acres. The total property size is 1845 square feet. This centrally located duplex offers convenience and comfort, presenting an investment opportunity in a high-demand area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Loma Linda
    County
    San Bernardino
    State
    California
    Longitude
    -117.2558619
    Latitude
    34.0516847

    Nearby Similar for Sale

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      View Details
    • $500,000
      1,368 SF

      Industrial Property For Sale

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    FAQs

    What type of property is this?
    Duplex - Charming duplex near Loma Linda University and Medical Center.
    Where is this duplex located?
    The property is located at 11121 Richmont Loma Linda, CA.
    What is the asking price?
    The asking price for this property is $729,000.
    What are key features of this property?
    This property features: Excellent location in the "walk zone" to Loma Linda University, Medical Center, Children's Hospital, and VA Hospital; Duplex offers two spacious 2‑bedroom, 1‑bath units (approx. 900 sqft each) for flexible living/rental options; Ideal for investors or multigenerational living
    (909) 693-0001
    We can help!
    Listing Contact
    MARGERY VELASQUEZ
    MARGERY VELASQUEZ
    Real Estate License ID: 01960336
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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