Looking for a building that require minimal hands-on work for investors, you've come to the right place! Welcome to Brookside Park townhome style 4 Plex in the city of Redlands. This building incorporates, One- 3 Bedroom and 3 Bathroom, Two- 2 Bedroom units, and One- 1 Bedroom. Easy to rent! Each unit has a garage, Two units have 2 car garages. Close to fwy 10,215 and 210 Freeway. Quiet neighborhood. Professionally Managed, HOA services include: insurance, water ,trash, Gardening, pest control and common area features include: pools with spa, tennis court, BBQ picnic areas and playground. Leasing manager is On Site 7 days/week. Drive By Only. Do Not contact tenants.
Incredible investment opportunity in Redlands to own this Historic 1910 Craftsman Home with Additional Residence. Discover an extraordinary chance to own a piece of Redlands history with this stunning 1910 Craftsman home, complete with a second home in the back. This remarkable property combines early 20th-century architecture with modern conveniences, making it a notable historical residence within the community. The home welcomes you with beautifully designed, low-maintenance landscaping, equiped with auto sprinklers throughout. Imagine enjoying relaxing evenings on the large front porch, perfect for watching sunsets or sipping morning coffee. Step inside to find natural light flooding through the windows, highlighting original hardwood floors, coffered beamed ceilings, and vintage built-ins. Every corner reveals delightful surprises, including pocket doors and two separate stairways leading to the second floor. Despite its historical charm, the home includes many modern upgrades such as a tankless water heater, a roof that is only 3 years old (rear home too), and a new kitchen counter, new windows, etc. The rear home features new windows and a new AC condenser, providing comfort and efficiency. Ample parking is available, with space for four cars plus a one-car garage. Now I said this home has options. The front door area has been subtly remodeled to create two rental units. The upstairs unit is a 1 bed, 1 bath, renting for $1400 per month, while the main floor unit, is a 3 bed, 2 bath, and operates as a successful Airbnb, generating approximately $2500 per month. And, the back unit, is a 1 bed, 1 bath with a kitchen. It might rent for $1600 per month. So..... its up to you! You can easily convert the home back to its original glory as a primary residence and put the mother-inlaw or student in the back home. Or continue to use it as a rental property. The choice is yours! Located within walking distance to the University of Redlands, and just minutes away from Redlands' famous restaurants, fine dining, and boutiques. This home is a testament to craftsmanship and charm, offering an exceptional opportunity in a fantastic community. Whether you're looking for a unique primary residence or a promising investment property, this Redlands gem is worth exploring.
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.
Park like setting at Brookside Park and Townhomes. Single building 4-plex, with enclosed garage for all units; 2 x 2 car + 2 x 1 car garages. Property offers 1 - three bedroom / 3 bath townhome style design, 1 - 2 bedroom / 2 bath townhome style, and two upper units - one 2 bedroom / 2 bath and 1 bedroom / 1 bath. Property is conveniently located near shopping, entertainment, schools, Loma Linda and Redlands University's, two hospitals - Redlands Hospital and Loma Linda Hospital. Each property offers central heating & AC, dishwasher & microwave and property is pet friendly. Property address range from 1367 Milburn to 1373 Milburn. Townhome style apartments are end units, upper middle are the 2br / 2ba and 1br / 1ba. Townhome style Units - end units have hookups for washer / dryer. Professionally managed property. Drive-by only. Do Not Disturb Tenants. Financial based on 2023 return. Current rents are higher. Projected annual income on MLS schedule rents is $ 99,660. HOA for all owners covers maintenance of all properties on 37 acres; buildings, grounds, 6 pools, etc.
Opportunity awaits! Check out this cute 1920's "storybook cottage", 2 single-family residences, ideal for living and co-working space. Focusing on the new Commercial Opportunity Zone, this property can easily transform into a Dental Office, Hair Salon, or collaborative working space. Freshly renovated with all new roofs on both buildings and multiple split heating and air for both residences, complete with refinished original oak wood flooring, all new upgraded electric, electrical panels, and fresh paint preserving the original plaster. The primary front residence features 2 bedrooms, a 3/4 bathroom, living room, a full kitchen, inside laundry, and newly tiled floors. The fully gated and fenced lot and garage separate the two residences with separate addresses with a detached single-car garage and storage or living/work space. The second SFR is located above the garage and features a separate 1 bedroom and 3/4 bathroom, living area, and kitchen with separate gated access through the alley. Great potential dual rental units plus additional opportunity of living and workspace. Additional lower ADU options may be available. Walking distance from Sprouts, Escape Brewery, and downtown Redlands. Close to all the action.
Redlands is located in California. Redlands, California has a population of 70,765. Redlands is less family-centric than the surrounding county with 31.78% of the households containing married families with children. The county average for households married with children is 35.18%.
The median household income in Redlands, California is $68,956. The median household income for the surrounding county is $57,156 compared to the national median of $57,652. The median age of people living in Redlands is 35 years.
The average high temperature in July is 94.9 degrees, with an average low temperature in January of 40.5 degrees. The average rainfall is approximately 17.2 inches per year, with 0 inches of snow per year.
