REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,350,000
Est. payment | /mo
8,398 Sqft Lot
$ 1,350,000
Est. payment | /mo
8,398 Sqft Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24245058
HOA Y/N No
Year Built 1940
Lot Size 8,398 Sqft
Property Description
Charming five-unit apartment building in the highly desirable South Redlands area, offering an excellent investment opportunity with strong cash flow and low expenses. This fully-occupied property features a versatile mix of units, including one spacious 2-bedroom, 2-bathroom unit, two comfortable 1-bedroom, 1-bathroom units, and two cozy studio apartments. Each unit is separately metered for electricity and gas, enhancing efficiency for both owners and tenants. The property exudes curb appeal, with a manicured green lawn out front that creates an inviting atmosphere for residents and visitors alike. Inside, each unit enjoys a combination of tile, vinyl, and/or real hardwood flooring. Additionally, an array of private balconies and patios provide residents with peaceful outdoor spaces to enjoy. Situated within walking distance of downtown Redlands, tenants can easily access a variety of shopping, dining, and entertainment options, all just steps away. The prime location, steady occupancy, and diverse unit mix make this property a rare find and a smart addition to any investor's portfolio. Don't miss out on this exceptional opportunity- schedule a viewing today!
Location
State CA
County San Bernardino
Area 268 - Redlands
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Curbs, Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Front Yard
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 0171291110000
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Prashant Sampat • Pacific Avenue Realty • 562-841-0227
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "