$1,299,000

120 W Olive Avenue, Redlands, CA 92373

  • 2 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon8,398sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 10 months ago

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. Dont miss out on this exceptional opportunity- schedule a viewing today!

Listing Status:
Active
Listing Office:
Pacific Avenue Realty :
Listing Agent:
Prashant Sampat : 562-841-0227
MLS ID:
OC24245058
  • Pool: N/K
  • Originating MLS: California Regional MLS
  • County: San Bernardino
  • Zoning: Public Rec0171291110000
  • Source: California Regional MLS

This listing courtesy of Prashant Sampat, Pacific Avenue Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

McKinley Elementary School

645 W Olive Ave, Redlands, CA, 92373

Grades KG-5

0.36 miles away

R

Redlands Eacademy

820 W Stuart Ave, Redlands, CA, 92374

Grades KG-12

0.73 miles away

R

Redlands High School

840 E Citrus Ave, Redlands, CA, 92374

Grades 9-12

0.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.