Redlands CA Multi Family for Sale
$1,225,000
135 Cook St Redlands, CA 92374
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- 240028440SD
ADDITIONAL INFORMATION
Prime 4-unit multi-family property in Redlands ready for your magic touch! Close proximity to metro-link station. City of Redlands will allows for 1-2 garage conversions. Each spacious 2-story unit features a 1,056 sq. ft., 2 bedroom,1.5 baths with a small backyard area. Each unit has their own garage with automatic garage door opener, central heat and wall AC units. Property features on site laundry room and paved parking lot with vinyl fencing. Excellent investment for new and seasoned real estate investors. Ideal for 1031 exchange buyers looking to maximize their rental income potential. Do not disturb tenants.
$1,180,000
610 Lugonia Avenue Unit 4 Redlands, CA 92374
- Type:
- Apartment
- Sq.Ft.:
- 4,006
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 1985
- Baths:
- MLS#:
- WS24151457
ADDITIONAL INFORMATION
Welcome to the heart of Redlands! Generate income from 4 properties in a desirable neighborhood with a steady rental income stream. The property is conveniently located close to public transportation, highways, restaurants, schools, shopping centers, parks and major transportation routes. Residents will have easy access to all amenities. Seller replaced all units plumbing work and termite work. Unit Features: Unit # A: 3-bedrooms, 2 bathrooms, and a cozy fireplace in the living room. Unit # B, 2-bedrooms and 2 bathrooms and a small size of patio off the kitchen. Unit # C, 2-bedrooms and 2 bathrooms and a deck off the kitchen. Unit D: 2 bedrooms and 1 bathroom, with a spacious living area and a deck above the laundry room. Rental Income, Rents are below market due to long-term tenants. Each unit has an excellent floor plan that provides additional rental income potential for future growth. Each unit has its own electric and gas meters. Landlord pays, water & gas bill for the hot water tank for all 4 units and the laundry area. Monthly HOA dues are $718. The HOA pays for dumpsters and normal gardening, conducts regular security patrols, and sets aside reserves to maintain the asphalt behind all buildings to provide a professionally maintained appearance.
- Type:
- Triplex
- Sq.Ft.:
- 2,410
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- IG24200854
ADDITIONAL INFORMATION
Great Investment property. Newer kitchen cabinets, windows and flooring throughout. Mini-Split Air Conditioning in each unit. 2 Bedrooms with closets and ceiling fans. 1 Bathroom, Laminate flooring.Tile in the bathroom and kitchen. Each units have their own private backyards. Lots of extra storage available located in the parking carport and side of the building. Covered parking. Brand new concrete driveway, and landscaping. Water, trash and landscaping paid by owner. Electric & Gas paid by tenant. Apartment is located in a cul-da sac. Located close to shopping, schools and University or Redlands.
$950,000
304 Eureka Street Redlands, CA 92373
- Type:
- Apartment
- Sq.Ft.:
- 2,305
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1887
- Baths:
- MLS#:
- CV24226046
ADDITIONAL INFORMATION
We are proud to exclusively present for sale a 3-unit apartment community located at 304 Eureka Street in the historic downtown district of the city of Redlands. The property is part of a portfolio of multifamily properties all within blocks of one another which includes 304 Eureka Street (3 Units); 108 W Olive Avenue (4 Units); 305 W Olive Avenue (7 Units); and 205 W Fern Avenue (8 Units). All properties can be sold together or individually. 304 Eureka Street is located south of Interstate 10 and is situated between W Clark Street and Fern Avenue, south of Redlands Boulevard. It is walking distance to downtown Redlands, Olive Market, the Redlands Bowl and Smiley Library. It is within biking distance to ESRI (the city’s top employer) and the University of Redlands; and within five miles of Loma Linda University Medical Center. 304 Eureka Street offers convenient access to the 10, 210 and 215 freeways and neighboring cities in the county—Loma Linda, Yucaipa, and Colton. It is located less than 6 miles from the San Bernardino International Airport and just a short drive from Riverside, Ontario, Moreno Valley, and San Bernardino – all major logistic hubs within the region. Several significant local landmarks are also within a short distance, including: Yaamava' Resort & Casino, Big Bear Lake, Lake Arrowhead, the San Bernardino National Forest, Morongo Casino Resort & Spa and more. Built in 1887, 304 Eureka Street is comprised of a two-story house that was legally converted to three apartment units comprising of one one-bedroom/one-bath unit, one two-bedroom/one-bath unit, and one three-bedroom/one-bathroom unit. The property has a lot size of ±11,920 square feet and total rentable square feet of approximately ±2,305 square feet. The units feature built-in cabinetry, high ceilings, ceiling fans, wall air conditioning and heating, and included appliances. The common areas feature lush landscaping with large mature trees, an on-site laundry facility and a detached garage/workshop. 304 Eureka Street is an income-producing property and a great long-term value-add investment opportunity. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.
$1,100,000
108 Olive Avenue Redlands, CA 92373
- Type:
- Apartment
- Sq.Ft.:
- 3,172
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- CV24226026
ADDITIONAL INFORMATION
We are proud to exclusively present for sale a 4-unit apartment community located at 108 W Olive Avenue in the historic downtown district of the city of Redlands. The property is part of a portfolio of multifamily properties all withing blocks of one another which includes 108 W Olive Avenue (4 Units); 305 W Olive Avenue (7 Units); 205 W Fern Avenue (8 Units); and 304 Eureka Street (3 Units). All properties can be sold together or individually. 108 W Olive Avenue is located south of Interstate 10 and is situated between S 4th Street and Grant Street, south of Redlands Boulevard. It is walking distance to downtown Redlands, Olive Market, the Redlands Bowl and Smiley Library. It is within biking distance to ESRI (the city’s top employer) and the University of Redlands; and within five miles of Loma Linda University Medical Center. 108 W Olive Avenue offers convenient access to the 10, 210 and 215 freeways and neighboring cities in the county—Loma Linda, Yucaipa, and Colton. It is located less than 6 miles from the San Bernardino International Airport and just a short drive from Riverside, Ontario, Moreno Valley, and San Bernardino – all major logistic hubs within the region. Several significant local landmarks are also within a short distance, including: Yaamava' Resort & Casino, Big Bear Lake, Lake Arrowhead, the San Bernardino National Forest, Morongo Casino Resort & Spa and more. Built in 1910, 108 W Olive Avenue is comprised of a two-story building with four apartment units comprising of one-bedroom/one-bath units. The property has a lot size of ±11,920 square feet and total rentable square feet of approximately ±3,172 square feet. The units feature built-in cabinetry, high ceilings, ceiling fans, wall air conditioning and heating, and included appliances. The common areas feature lush landscaping with large mature trees and an on-site laundry facility. 108 W Olive Avenue is an income-producing property and a great long-term value-add investment opportunity. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.
$1,400,000
305 Olive Avenue Redlands, CA 92373
- Type:
- Apartment
- Sq.Ft.:
- 3,800
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1906
- Baths:
- MLS#:
- CV24226009
ADDITIONAL INFORMATION
We are proud to exclusively present for sale a 7-unit apartment community located at 305 W Olive Avenue in the historic downtown district of the city of Redlands. The property is part of a portfolio of multifamily properties all within blocks of one another which includes 305 W Olive Avenue (7 Units); 205 W Fern Avenue (8 Units); 108 W Olive Avenue (4 Units); and 304 Eureka Street (3 Units). All properties can be sold together or individually. 305 W Olive Avenue is located south of Interstate 10 and is situated between Alvarado Street and Grant Street, south of Redlands Boulevard. It is walking distance to downtown Redlands, Olive Market, the Redlands Bowl and Smiley Library. It is within biking distance to ESRI (the city’s top employer) and the University of Redlands; and within five miles of Loma Linda University Medical Center. 305 W Olive Avenue offers convenient access to the 10, 210 and 215 freeways and neighboring cities in the county—Loma Linda, Yucaipa, and Colton. It is located less than 6 miles from the San Bernardino International Airport and just a short drive from Riverside, Ontario, Moreno Valley, and San Bernardino – all major logistic hubs within the region. Several significant local landmarks are also within a short distance, including: Yaamava' Resort & Casino, Big Bear Lake, Lake Arrowhead, the San Bernardino National Forest, Morongo Casino Resort & Spa and more. Built in 1906, 305 W Olive Avenue is comprised of one three-story mansion that was legally converted to seven units comprising of two studios, four one-bedroom/one-bath units, and one large penthouse one-bedroom/one-bathroom unit. The property has a lot size of ±8,400 square feet and total rentable square feet of approximately ±3,800 square feet. The units feature built-in cabinetry, high ceilings, ceiling fans, wall air conditioning and heating, and included appliances. The common areas feature lush landscaping with large mature trees and an on-site laundry facility. 305 W Olive Avenue is an income-producing property and a great long-term value-add investment opportunity. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.
- Type:
- Single Family
- Sq.Ft.:
- 2,571
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- IV24115271
ADDITIONAL INFORMATION
This home has so much charm and charachter! Incredible investment opportunity in Redlands to own this Historic 1910 Craftsman Home with a guest house! This is an extraordinary chance to own a piece of Redlands history with this stunning 1910 Craftsman home, complete with a second home in the back. This remarkable property combines early 20th-century architecture with modern conveniences. The home welcomes you with beautifully designed, low-maintenance landscaping, equiped with auto sprinklers throughout. Imagine enjoying relaxing evenings on the large front porch, perfect for watching sunsets or sipping morning coffee. Inside you will find natural light flooding through the windows, highlighting original hardwood floors, coffered beamed ceilings, and vintage built-ins. Every corner reveals a delightful surprise, including pocket doors and two separate stairways leading to the second floor. This home includes many modern upgrades such as a tankless water heater, a roof that is only 3 years old (rear home too), and a new kitchen counter, new windows, etc. The rear home features new windows and a new AC condenser, providing comfort and efficiency. Ample parking is available, with space for four cars plus a one-car garage. Now I said this home has options. The front door area has been subtly remodeled to create two rental units. The upstairs unit is a 1 bed, 1 bath, renting for $1400 per month, while the main floor unit, is a 3 bed, 2 bath, and operates as a successful Airbnb, generating approximately $2500 per month. And, the back unit, is a 1 bed, 1 bath with a kitchen is renting for $1600 per month. So..... its up to you! You can easily convert the home back to its original glory as a primary residence and put the mother-inlaw or student in the back home. Or continue to use it as a rental property. The choice is yours! Located within walking distance to the University of Redlands, and just minutes away from Redlands' famous restaurants, fine dining, and boutiques. This home is a testament to craftsmanship and charm, offering an exceptional opportunity in a fantastic community. Whether you're looking for a unique primary residence or a promising investment property, this Redlands gem is worth exploring.
Redlands Real Estate
The median home value in Redlands, CA is $650,000. This is higher than the county median home value of $522,500. The national median home value is $338,100. The average price of homes sold in Redlands, CA is $650,000. Approximately 54.72% of Redlands homes are owned, compared to 38.74% rented, while 6.54% are vacant. Redlands real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Redlands real estate agent to arrange a tour today!
Redlands, California has a population of 72,649. Redlands is less family-centric than the surrounding county with 31.52% of the households containing married families with children. The county average for households married with children is 33.94%.
The median household income in Redlands, California is $87,184. The median household income for the surrounding county is $70,287 compared to the national median of $69,021. The median age of people living in Redlands is 35.5 years.
Redlands Weather
The average high temperature in July is 96.7 degrees, with an average low temperature in January of 39.5 degrees. The average rainfall is approximately 13.6 inches per year, with 0 inches of snow per year.