Courtesy: RE/MAX ONE
Wonderful investment opportunity in the heart of Redlands! Two homes on a lot with separate access and private yard spaces! This property offers a fully-remodeled, street-facing single-family residence, just under 1,200 sqft with 3 bedrooms and 2 bathrooms, as well as a separate studio apartment of approximately 375 sqft towards rear of property. Both units provide open and bright living spaces with lots of natural light and have been tastefully appointed with desirable finishes such as quartz counters, crisp white cabinetry, laminate “wood plank” and tile flooring, dual pane windows, ceiling fans, recessed lighting, numerous mini-split ductless HVACs and more! Each unit has its own laundry hookups within its respective unit. Other improvements since 2022 are numerous and include: a new roof, new toilets, new tankless water heater, new 200amp panel and other electrical upgrades, new fencing and more! Property is fully-fenced with alley access and ample room for parking on its 6,370 sqft lot. Conveniently close to many amenities including the University of Redlands, Downtown Redlands, schools, churches, shopping, numerous restaurants, freeways, and public transportation including the Redlands Metrolink Station. Interior pictures are of the studio apartment but front house is appointed with the same finishes. The front unit is currently rented on a month-to-month basis to at $2,500/month to dependable family; the back unit is awaiting a tenant of your choosing! Owner pays trash service.
Great Investment property. Newer kitchen cabinets, windows and flooring throughout. Mini-Split Air Conditioning in each unit. 2 Bedrooms with closets and ceiling fans. 1 Bathroom, Laminate flooring.Tile in the bathroom and kitchen. Each units have their own private backyards. Lots of extra storage available located in the parking carport and side of the building. Covered parking. Brand new concrete driveway, and landscaping. Water, trash and landscaping paid by owner. Electric & Gas paid by tenant. Apartment is located in a cul-da sac. Located close to shopping, schools and University or Redlands.
We are proud to exclusively present for sale a 3-unit apartment community located at 304 Eureka Street in the historic downtown district of the city of Redlands. The property is part of a portfolio of multifamily properties all within blocks of one another which includes 304 Eureka Street (3 Units); 108 W Olive Avenue (4 Units); 305 W Olive Avenue (7 Units); and 205 W Fern Avenue (8 Units). All properties can be sold together or individually. 304 Eureka Street is located south of Interstate 10 and is situated between W Clark Street and Fern Avenue, south of Redlands Boulevard. It is walking distance to downtown Redlands, Olive Market, the Redlands Bowl and Smiley Library. It is within biking distance to ESRI (the city’s top employer) and the University of Redlands; and within five miles of Loma Linda University Medical Center. 304 Eureka Street offers convenient access to the 10, 210 and 215 freeways and neighboring cities in the county—Loma Linda, Yucaipa, and Colton. It is located less than 6 miles from the San Bernardino International Airport and just a short drive from Riverside, Ontario, Moreno Valley, and San Bernardino – all major logistic hubs within the region. Several significant local landmarks are also within a short distance, including: Yaamava' Resort & Casino, Big Bear Lake, Lake Arrowhead, the San Bernardino National Forest, Morongo Casino Resort & Spa and more. Built in 1887, 304 Eureka Street is comprised of a two-story house that was legally converted to three apartment units comprising of one one-bedroom/one-bath unit, one two-bedroom/one-bath unit, and one three-bedroom/one-bathroom unit. The property has a lot size of ±11,920 square feet and total rentable square feet of approximately ±2,305 square feet. The units feature built-in cabinetry, high ceilings, ceiling fans, wall air conditioning and heating, and included appliances. The common areas feature lush landscaping with large mature trees, an on-site laundry facility and a detached garage/workshop. 304 Eureka Street is an income-producing property and a great long-term value-add investment opportunity. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.
We are proud to exclusively present for sale a 4-unit apartment community located at 108 W Olive Avenue in the historic downtown district of the city of Redlands. The property is part of a portfolio of multifamily properties all withing blocks of one another which includes 108 W Olive Avenue (4 Units); 305 W Olive Avenue (7 Units); 205 W Fern Avenue (8 Units); and 304 Eureka Street (3 Units). All properties can be sold together or individually. 108 W Olive Avenue is located south of Interstate 10 and is situated between S 4th Street and Grant Street, south of Redlands Boulevard. It is walking distance to downtown Redlands, Olive Market, the Redlands Bowl and Smiley Library. It is within biking distance to ESRI (the city’s top employer) and the University of Redlands; and within five miles of Loma Linda University Medical Center. 108 W Olive Avenue offers convenient access to the 10, 210 and 215 freeways and neighboring cities in the county—Loma Linda, Yucaipa, and Colton. It is located less than 6 miles from the San Bernardino International Airport and just a short drive from Riverside, Ontario, Moreno Valley, and San Bernardino – all major logistic hubs within the region. Several significant local landmarks are also within a short distance, including: Yaamava' Resort & Casino, Big Bear Lake, Lake Arrowhead, the San Bernardino National Forest, Morongo Casino Resort & Spa and more. Built in 1910, 108 W Olive Avenue is comprised of a two-story building with four apartment units comprising of one-bedroom/one-bath units. The property has a lot size of ±11,920 square feet and total rentable square feet of approximately ±3,172 square feet. The units feature built-in cabinetry, high ceilings, ceiling fans, wall air conditioning and heating, and included appliances. The common areas feature lush landscaping with large mature trees and an on-site laundry facility. 108 W Olive Avenue is an income-producing property and a great long-term value-add investment opportunity. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.
We are proud to exclusively present for sale a 7-unit apartment community located at 305 W Olive Avenue in the historic downtown district of the city of Redlands. The property is part of a portfolio of multifamily properties all within blocks of one another which includes 305 W Olive Avenue (7 Units); 205 W Fern Avenue (8 Units); 108 W Olive Avenue (4 Units); and 304 Eureka Street (3 Units). All properties can be sold together or individually. 305 W Olive Avenue is located south of Interstate 10 and is situated between Alvarado Street and Grant Street, south of Redlands Boulevard. It is walking distance to downtown Redlands, Olive Market, the Redlands Bowl and Smiley Library. It is within biking distance to ESRI (the city’s top employer) and the University of Redlands; and within five miles of Loma Linda University Medical Center. 305 W Olive Avenue offers convenient access to the 10, 210 and 215 freeways and neighboring cities in the county—Loma Linda, Yucaipa, and Colton. It is located less than 6 miles from the San Bernardino International Airport and just a short drive from Riverside, Ontario, Moreno Valley, and San Bernardino – all major logistic hubs within the region. Several significant local landmarks are also within a short distance, including: Yaamava' Resort & Casino, Big Bear Lake, Lake Arrowhead, the San Bernardino National Forest, Morongo Casino Resort & Spa and more. Built in 1906, 305 W Olive Avenue is comprised of one three-story mansion that was legally converted to seven units comprising of two studios, four one-bedroom/one-bath units, and one large penthouse one-bedroom/one-bathroom unit. The property has a lot size of ±8,400 square feet and total rentable square feet of approximately ±3,800 square feet. The units feature built-in cabinetry, high ceilings, ceiling fans, wall air conditioning and heating, and included appliances. The common areas feature lush landscaping with large mature trees and an on-site laundry facility. 305 W Olive Avenue is an income-producing property and a great long-term value-add investment opportunity. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.
This freshly and fully remodeled single-family residence has been converted into a BRAND-NEW TRIPLEX! All work has been completed upfront, to provide you with a quick and stress-free path to becoming a landlord and/or to enhance your real estate portfolio. Each unit, including a permitted ADU, has been completely upgraded with new flooring, interior and exterior paint, renovated bathrooms, modern kitchen layouts, new cabinets, fixtures, doors, separate HVAC systems, individualize water heaters, W&D hookups, and much more! No expense was spared! UNIT A, the main house, features 3 bedrooms, a restored bathroom, a redesigned kitchen, and a spacious living room filled with natural light. Additionally, a partitioned den area offers a great space for entertaining, creating an inviting atmosphere that suits perfectly for large gatherings. UNIT B, a JADU, tucked behind the main home, boasts 2 bedrooms, a sleek renovated bathroom, new LPV floors, and contemporary finishes. This cozy unit has been rebuilt from top to bottom and can ideally serve as a next-gen suite, in-law quarters, or a rental income opportunity. UNIT C is a private, detached 1-bedroom, 1-bath ADU offering its own side entrance and full privacy. Everything in this unit is brand new, from the windows and roof to the tankless water heater, plumbing system, and complete electrical and sub panel with its own meter. And as a BONUS, it has also been equipped with an exterior 220V outlet, for an ELECTRIC VEHICLE charge. This ADU is a WINNER! This triplex is a perfect blend of comfort and convenience, whether you're a homeowner seeking a versatile living arrangement or an investor looking for immediate returns: live in one unit, rent the others, or occupy them all. Situated on a corner lot in the historic district of Redlands, residents can enjoy a plethora of amenities including shopping, dining, entertainment, landmark sites, and outdoor recreation. Redlands is also home to many medical professionals, with close proximity to Loma Linda University Medical Center and the Veterans Administration Medical Hospital.
This home has so much charm and charachter! Incredible investment opportunity in Redlands to own this Historic 1910 Craftsman Home with a guest house! This is 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. 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. Inside you will find natural light flooding through the windows, highlighting original hardwood floors, coffered beamed ceilings, and vintage built-ins. Every corner reveals a delightful surprise, including pocket doors and two separate stairways leading to the second floor. This 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 is renting 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.
Redlands is located in California. Redlands, California has a population of 72,649. Redlands is less family-centric than the surrounding county with 31.52% of the households containing married families with children. The county average for households married with children is 33.94%.
The median household income in Redlands, California is $87,184. The median household income for the surrounding county is $70,287 compared to the national median of $69,021. The median age of people living in Redlands is 35.5 years.
The average high temperature in July is 96.7 degrees, with an average low temperature in January of 39.5 degrees. The average rainfall is approximately 13.6 inches per year, with 0 inches of snow per year.
