Redlands, CA 92373,120 W Olive Avenue
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Listed by Prashant Sampat • Pacific Avenue Realty
$ 1,350,000
Est. payment | /mo

3,080 SqFt


Save
$ 1,350,000
Est. payment | /mo
Save

3,080 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,080 sqft

Price per Sqft $438

MLS Listing ID CROC24245058

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1940

Lot Size 8,400 Sqft

Property 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!

Location

State CA

County San Bernardino

Interior

Fireplace No

Laundry No Hookups

Building

Lot Description Front Yard

Water Public

Bay East AOR and Contra Costa AOR
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2001 Clayton Rd, Concord, CA, 94520, USA

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120 W Olive Avenue