120 W Olive Avenue, Redlands, CA 92373

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Glen Henderson

[email protected] +1(619) 889-7646

$1,299,000

Est. payment - /mo

2 Beds

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24245058

Bedrooms 2

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Conventional,Exchange

Property Type Res Income 2-4 Units

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. Dont miss out on this exceptional opportunity- schedule a viewing today!

Location

State CA

County San Bernardino

Zoning Public Rec

Direction Cross Streets: Eureka St & Olive Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 0171291110000

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

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Listed by Prashant Sampat Pacific Avenue Realty

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

120 W Olive Avenue Redlands, CA 92373

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information