RECENT 50K PRICE REDUCTION MOTIVATED SELLER / Highlights: ProForma CAP Rate of 5.32% / Attractive Unit Mix: (1) 3B2B Unit (3) 2B/1B Units / New Plumbing and Central AC/Heating / Possible FHA Financing Options: Eligible with as little as 3.5% down / Strong Rents with Long-Term Tenancy / Added Features: (4) Individual Single Car Garages / Laundry Room Onsite / Welcome to 217 Judson Street, Redlands CA 92374, a premier multi-family investment opportunity in the thriving city of Redlands. This well-maintained apartment complex, built in 1964, is situated on a lot totaling 0.167 acres, offering ample space and strategic central positioning. With 4 units, the property boasts an attractive unit mix.
2 Beautifully Upgraded Townhomes Located Within The Gated Community of Villa Valencia! The First Home Features 2 Bedrooms with 2.5 Baths. Spacious Living Room with Stacked Stone Floor-to-Ceiling Gas Fireplace and Hardwood Floors. Separate Dining Room. Gourmet Kitchen with Granite Counters, Stainless Steel Appliances Including Refrigerator. Ample Cabinet Space. New Two-Tone Paint and Newer Carpet. Main Floor Bathroom and Direct Access to a 2 Car Garage with Epoxy Flooring and Automatic Roll-up Door. Included in the Garage is a Full Size Washer & Dryer. Upstairs Features 2 Master Bedrooms with Ensuite Bathrooms and Walk-in Closets. One Bedroom Has a Deck/Balcony. Ceiling Fans, Security System, and More! The Second Home Features 3 Bedrooms with 2.5 Baths. Spacious Living Room with Stacked Stone Floor-to-Ceiling Gas Fireplace and Hardwood Floors. Separate Dining Room. Gourmet Kitchen with Granite Counters, Stainless Steel Appliances Including Refrigerator, Ample Cabinet Space, and Porcelain Tile Flooring. Main Floor Bathroom and Direct Access to a 2 Car Garage with Automatic Roll-up Door and Full Size Washer & Dryer. Master Bedroom with Ensuite Bathroom and Walk-in Closet. 2 Additional Upstairs Bedrooms. Computer Desk/Workstation with Built-in Cabinets and Security System. Community Amenities Include a Gated Swimming Pool & Spa, Clubhouse/Exercise Facilities, Picnic Areas, Tot-Lot & Basketball Court! Ideal for Families, Students, Professionals and Conveniently Located Near Loma Linda University with Easy Freeway Access!
Fantastic opportunity to purchase a turnkey duplex close to University of Redlands and downtown. This rare investment opportunity offers a fully leased 2 units with a spacious 2 bedroom, 1 bath downstairs and a 1 bedroom, 1 bath upstairs. Also includes a single car garage and a storage room, along with a separate shared laundry room including 2 washers and 2 dryers. The roof was replaced in 2016. Separate meters for electricity. The units are in great condition and the lot is fully landscaped. Fantastic long term tenants that would love to stay. This is an easy breezy investment.
Income generates 4 unit in a desirable neighborhood. Conveniently located close to public transportation, highways, restaurants, schools, shopping centers, parks and major transportation routes. Residents will have easy access to all amenities. Unit Features: Unit # A: 3-bedrooms, 2 bathrooms, and a cozy fireplace in the living room. Unit # B, 2-bedrooms and 2 bathrooms and a small size of patio off the kitchen. Unit # C, 2-bedrooms and 2 bathrooms and a deck off the kitchen. Unit D: 2 bedrooms and 1 bathroom, with a spacious living area and a deck above the laundry room. Rental Income: Rents are below market due to long-term tenants. Each unit has an excellent floor plan that provides additional rental income potential for future growth. Each unit has its own electric and gas meters. Landlord pays water for the hot water tank for all 4 unit. Monthly HOA dues are $718 for trash, gardening, conducts regular security patrols, and sets aside reserves to maintain the asphalt behind all buildings to provide a professionally maintained appearance.
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!
TWO HOMES ON A LOT!! This home has so much charm and charachter, it makes no sense its still available! 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 plenty of natural light, 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 main home 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 renting for $2500 per month. And, the home in back , is a 1 bed, 1 bath with a kitchen is renting for $1725 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.
