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
Listing Provided by: IRN REALTY
Bought with: NEST REAL ESTATE
Tax assessed value
$1,150,000
521 Courier Ave, Redlands, CA 92374
9beds
7baths
4,006sqft
Quadruplex
Built in 1985
-- sqft lot
$1,127,000 Zestimate®
$287/sqft
$2,655 Estimated rent
Home value
$1,127,000
$1.05M - $1.22M
$2,655/mo
Zestimate® history
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$7,191/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
HELEN CHAN DRE #01106869 626-632-3688,
IRN REALTY
Bought with:
RYAN MCKEE, DRE #01843253
NEST REAL ESTATE
Source: CRMLS,MLS#: WS24095714
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
Heating
- See Remarks
Cooling
- See Remarks
Appliances
- Included: Gas Water Heater
- Laundry: See Remarks
Features
- Flooring: See Remarks
- Windows: Blinds
- Has fireplace: Yes
- Fireplace features: See Remarks
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,006
- Total interior livable area: 4,006 sqft
Property
Parking
- Total spaces: 9
- Parking features: Detached Carport, Garage, Garage Faces Rear
- Garage spaces: 4
- Carport spaces: 3
- Covered spaces: 7
- Uncovered spaces: 2
Accessibility
- Accessibility features: Parking
Features
- Levels: Two
- Stories: 2
- Entry location: front door
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: None
Lot
- Size: 0.28 Acres
- Features: Landscaped
Details
- Parcel number: 0167271360000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: See Remarks
- Property subtype: Quadruplex
Materials
- Stucco
- Foundation: See Remarks
- Roof: Composition
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer, Unknown
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Redlands
HOA & financial
Other financial information
- Total actual rent: 6360
Other
Other facts
- Listing terms: 1031 Exchange
- Road surface type: Paved
Price 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 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,319 +41.7% | $1,150,000 +35.3% |
| 2024 | $10,106 +0.1% | $849,709 +2% |
| 2023 | $10,095 +12.5% | $833,048 +13.2% |
| 2022 | $8,976 -1.8% | $735,825 +2% |
| 2021 | $9,139 +1.5% | $721,397 +1% |
| 2020 | $9,004 +2.9% | $714,000 +2% |
| 2019 | $8,753 +52.6% | $700,000 +52.9% |
| 2018 | $5,737 +0.8% | $457,882 +2% |
| 2017 | $5,689 | $448,904 +2% |
| 2016 | $5,689 +1.1% | $440,102 +1.5% |
| 2015 | $5,626 +0.7% | $433,491 +2% |
| 2014 | $5,585 | $425,000 +19.2% |
| 2013 | -- | $356,399 +2% |
| 2012 | -- | $349,411 +2% |
| 2011 | -- | $342,560 +7.1% |
| 2010 | -- | $319,778 -0.2% |
| 2009 | -- | $320,537 +2% |
| 2008 | -- | $314,252 +2% |
| 2007 | -- | $308,091 +2% |
| 2006 | -- | $302,050 +2% |
| 2005 | -- | $296,127 +2% |
| 2004 | -- | $290,321 +15.2% |
| 2003 | -- | $251,910 +51.3% |
| 2002 | -- | $166,464 +2% |
| 2001 | -- | $163,200 +2% |
| 2000 | -- | $160,000 |
Find assessor info on the county website
Neighborhood: 92374
Nearby schools
GreatSchools rating
- 5/10Lugonia Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Moore Middle SchoolGrades: 6-8Distance: 2.1 mi
- 8/10Citrus Valley High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$1,127,000
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Estimated market value
$1,127,000
- California
- San Bernardino County
- Redlands
- 92374
- 521 Courier Ave
Nearby cities
Nearby zip codes
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