Description
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.
Property Type
Residential IncomeCounty
San BernardinoStyle
Residential IncomeAD ID
47516981
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1887
- Building Area Total: 2,305
Pool Features
- None
Laundry Features
- Common Area
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2736
- Lot Size Source: Assessor
- Lot Size Square Feet: 11920
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Listing Information
Listing Price Information
- Original List Price: 950,000
- Listing Contract Date: 2024-11-01
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 0171362120000
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 268 - Redlands
- Directions: Merge onto I-10 E, Take exit 77A for Alabama St, Turn right onto Tennessee St, Turn left onto W Redlands Blvd, Turn right onto Eureka St
- Source Property Type: Residential Income
- Area: 268 - Redlands
- Property SubType: Apartment
Building and Construction
- Property Age: 137
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 12/18/2024 @ 05:57
- MLS: CV24226046
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 2,305 sqft, 11,920 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.