120 W Olive AVE, Redlands, CA 92373 - MLS#OC24245058

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,299,000

Est. payment | -/mo

8,398 Sqft Lot

Save

$ 1,299,000

Est. payment | -/mo

Save

8,398 Sqft Lot

Key Details

Property Type Apartment

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 Sub-Type Apartment

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

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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120 W Olive AVE Redlands, CA 92373