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Sold for $1,100,000
  • Listed by: Prestige Investments Group Inc • Edwin Medina • Contact: 562-900-4671
    Bought with: PPF Realty
    $1,100,000

    1218 Oxford Dr, Redlands, CA 92374

    9beds
    7baths
    4,006sqft
    Quadruplex
    Built in 1985
    -- sqft lot
    $1,104,200 Zestimate®
    $275/sqft
    $3,144 Estimated rent

    Home value

    $1,104,200

    $1.03M - $1.20M

    $3,144/mo

    Zestimate® history
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    What's special

    Welcome to an exceptional investment opportunity in the heart of Redlands, California! This well-maintained, income-generating 4-unit property is a savvy investor's dream come true. Nestled in a desirable neighborhood, this versatile property offers not only a stable source of rental income but also tremendous potential for future growth. Situated in the charming city of Redlands, this property is conveniently located near schools, shopping centers, parks, and major transportation routes. Residents will appreciate easy access to all the amenities the city has to offer. With four individual units, this property presents an excellent opportunity for rental income. Each unit is designed to provide comfortable living spaces, ensuring a steady stream of rental revenue. Redlands has a strong rental market, and this property enjoys a historically low vacancy rate, making it a dependable income generator for investors. A Four car Garage and Ample off-street parking is available for residents, providing convenience and peace of mind. Redlands continues to grow in popularity, and property values have been on the rise. This investment property offers potential for future appreciation, making it a wise choice for long-term investors.

    Zillow last checked:

    Listing updated:

    Listed by:

    Edwin Medina DRE #01992399 562900-4671,

    Prestige Investments Group Inc,

    Alan Medina DRE #02073760 562-483-9187,

    Prestige Investments Group Inc

    Bought with:

    Peter McKernan, DRE #01968986

    PPF Realty

    Source: CRMLS,MLS#: PW23176180MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 7
    Rooms
    • Room types: Kitchen, Living Room
    Appliances
    • Included: Dishwasher, Disposal
    • Laundry: Common Area
    Features
    • Ceiling Fan(s), Granite Counters
    • Has fireplace: Yes
    • Fireplace features: Bath, Family Room, Kitchen, Outside
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,006
    • Total interior livable area: 4,006 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.28 Acres
    • Features: Back Yard, Front Yard
    Details
    • Parcel number: 0167271400000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Foothills, Gutter(s)
    HOA
    • Has HOA: Yes
    • HOA fee: $475 monthly
    Location
    • Region: Redlands

    Financial & listing details

    • Price per square foot: $275/sqft
    • Tax assessed value: $1,122,000
    • Annual tax amount: $13,973
    • Date on market: 9/25/2023
    • Cumulative days on market: 65 days
    • Listing terms: Conventional,1031 Exchange,FHA,Fannie Mae
    • Lease term: Month To Month
    • Tenant pays: Electricity, Gas, Telephone, Water

    Price history

    DateEventPrice
    5/15/2024Listing removed--
    Source: CRMLS #OC24083220 Report a problem
    4/27/2024Listed for rent$1,825-22.3%
    Source: CRMLS #OC24083220 Report a problem
    3/11/2024Listing removed--
    Source: CRMLS #OC24032829 Report a problem
    2/17/2024Listed for rent$2,350$1/sqft
    Source: CRMLS #OC24032829 Report a problem
    1/19/2024Sold$1,100,000-7.2%$275/sqft
    Source: CRMLS #PW23176180 Report a problem
    1/12/2024Pending sale$1,185,000$296/sqft
    Source: CRMLS #PW23176180 Report a problem
    9/25/2023Listed for sale$1,185,000+7.2%$296/sqft
    Source: CRMLS #PW23176180 Report a problem
    3/7/2022Sold$1,105,000+33.9%$276/sqft
    Source: Public Record Report a problem
    1/27/2021Sold$825,000+6.5%$206/sqft
    Source: CRMLS #CV20250919 Report a problem
    12/11/2020Pending sale$775,000$193/sqft
    Source: EXCELLENCE RE REAL ESTATE #CV20250919 Report a problem
    12/3/2020Listed for sale$775,000+23%$193/sqft
    Source: EXCELLENCE RE REAL ESTATE #CV20250919 Report a problem
    11/30/2017Sold$630,000+129.1%$157/sqft
    Source: Public Record Report a problem
    3/11/2011Sold$275,000-21.2%$69/sqft
    Source: Public Record Report a problem
    1/16/2010Listing removed$349,000$87/sqft
    Source: RE/MAX Masters #C09108470 Report a problem
    10/11/2009Listed for sale$349,000-34%$87/sqft
    Source: RE/MAX Masters #C09108470 Report a problem
    12/15/2004Sold$529,000+211.2%$132/sqft
    Source: Public Record Report a problem
    7/16/1999Sold$170,000-28.4%$42/sqft
    Source: Public Record Report a problem
    2/2/1999Sold$237,500-19.5%$59/sqft
    Source: Public Record Report a problem
    8/28/1997Sold$295,000$74/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,973 +2.3%$1,122,000 -2.7%
    2024$13,664 +0.1%$1,152,600 +2.3%
    2023$13,649 +33.2%$1,127,100 +33.9%
    2022$10,247 +22%$841,500 +27.1%
    2021$8,400 +1.5%$662,242 +1%
    2020$8,276 +2.9%$655,452 +2%
    2019$8,045 -23.7%$642,600 +2%
    2018$10,541 +171.1%$630,000 +107.5%
    2017$3,888 $303,575 +2%
    2016$3,888 +1.1%$297,622 +1.5%
    2015$3,845 +0.7%$293,151 +2%
    2014$3,817 $287,409 +0.5%
    2013-- $286,110 +2%
    2012-- $280,500 -51.3%
    2011-- $575,553 +0.8%
    2010-- $571,251 -0.2%
    2009-- $572,608 +2%
    2008-- $561,380 +2%
    2007-- $550,372 +2%
    2006-- $539,580 +2%
    2005-- $529,000 +205.8%
    2004-- $172,964 +1.9%
    2003-- $169,793 +2%
    2002-- $166,464 +2%
    2001-- $163,200 +2%
    2000-- $160,000
    Find assessor info on the county website

    Neighborhood: 92374

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,104,200
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    Estimated market value
    $1,104,200