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Listed by Prashant Sampat • Pacific Avenue Realty
$ 1,350,000
Est. payment /mo
Active
120 West Olive Avenue Redlands, CA 92373
3,080 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,080 sqft
Price per Sqft $438
MLS Listing ID OC-24245058
Year Built 1940
Lot Size 8,400 Sqft
Property Sub-Type Apartment
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
Area 268 - Redlands
Interior
Laundry None
Exterior
Parking Features Gated
Pool None
Community Features Curbs, Sidewalks
Building
Lot Description Front Yard, 0-1 Unit/Acre
Sewer Public Sewer