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. Building Features: 1 unit is a three bedroom, 2 bath & a fireplaces in living room. 2 units are two-bedroom 2 bath. another 1 unit is a one-bedroom, one-bath. The rent is below market due to long-term tenants. Each unit has excellent surface planting, providing additional rental income potential for future growth. Monthly HOA dues are $684. 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. Each unit has individual electric and gas meters. All 4 units have their own garages, plus 3 covered parking spaces and 2 open parking spaces. Separate gas & electric meter in each unit tenant pays themself. Owner pays water, exterior electric and hot water tank gas bill.
Sold for $1,150,000
Street View
Zillow last checked:
Listing updated:
Bought with:
RYAN MCKEE, DRE #01843253
NEST REAL ESTATE
Source: CRMLS,MLS#: WS24095714
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSPrice history
| Date | Event | Price |
|---|---|---|
| 8/28/2024 | Sold | $1,150,000$287/sqft |
Source:  CRMLS #WS24095714 Report a problem | ||
| 8/2/2024 | Pending sale | $1,150,000$287/sqft |
Source: CRMLS #WS24095714 Report a problem | ||
| 6/1/2024 | Price change | $1,150,000-2.5%$287/sqft |
Source: CRMLS #WS24095714 Report a problem | ||
| 5/12/2024 | Listed for sale | $1,180,000+68.6%$295/sqft |
Source: CRMLS #WS24095714 Report a problem | ||
| 9/6/2018 | Sold | $700,000-4.8%$175/sqft |
Source: Public Record Report a problem | ||
| 9/6/2018 | Pending sale | $735,000$183/sqft |
Source: Titan Real Est.& Investments #IG18121694 Report a problem | ||
| 5/23/2018 | Listed for sale | $735,000+104.2%$183/sqft |
Source: Titan Real Est.& Investments #IG18121694 Report a problem | ||
| 7/9/2011 | Listing removed | $360,000$90/sqft |
Source: Titan Real Est.& Investments #K10026637 Report a problem | ||
| 2/25/2011 | Listed for sale | $360,000+5.9%$90/sqft |
Source: Titan Real Est.& Investments #K10026637 Report a problem | ||
| 4/20/2010 | Sold | $340,000+19.3%$85/sqft |
Source: Public Record Report a problem | ||
| 3/3/2003 | Sold | $285,000+13.1%$71/sqft |
Source: Public Record Report a problem | ||
| 10/23/2002 | Sold | $251,910-24.2%$63/sqft |
Source: Public Record Report a problem | ||
| 8/31/1999 | Sold | $332,500+95.6%$83/sqft |
Source: Public Record Report a problem | ||
| 5/28/1999 | Sold | $170,000-42.4%$42/sqft |
Source: Public Record Report a problem | ||
| 9/11/1997 | Sold | $295,000$74/sqft |
Source: Public Record Report a problem | ||
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Estimated market value
$1,162,800
