120 W Olive Avenue

Redlands, CA 92373

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,080 Sqft
  • 8400
    Sqft(Lot)
$1,350,000

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!

  • Property Type

    Residential Income
  • County

    San Bernardino
  • Style

    Residential Income
  • AD ID

    48332841

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer
  • Building Information

    • Year Built: 1940
    • Building Area Total: 3,080

    Pool Features

    • None

    Laundry Features

    • None
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1928
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8400
  • Listing Price Information

    • Original List Price: 1,350,000
    • Listing Contract Date: 2025-01-13

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 0171291110000
  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 268 - Redlands
    • Postal Code Plus 4: 5253
    • Directions: Cross Streets: Eureka St & Olive Ave
    • Source Property Type: Residential Income
    • Area: 268 - Redlands
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 85
    • Common Walls: 1 Common Wall
    • Structure Type: Apartment
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: Front
    • Property Attached: Yes
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BuyOwner last updated this listing 01/18/2025 @ 05:20

  • MLS: OC24245058
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 3,080 sqft, 8,400 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Redlands , in zip code 92373, this San Bernardino County Home are nearby neighborhoods.