$1,550,000

211 E Olive Avenue, Redlands, CA 92373

  • 22,277 sqft
  • Property Icon other
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.39acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $70/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

211 Olive Residences Ready-To-Issue Multifamily Development Site | 15 Units | Downtown Redlands, CA 92373. Offered at $1,550,000. This is a fully entitled development opportunity in the heart of Downtown Redlands. The entitlement work is complete. The project consists of 15 market-rate residential units across two structures totaling 22,277 square feet. Eleven apartments occupy a three-story main building. Four ADUs occupy a separate detached structure. The unit mix is (3) one-bedroom one-bath, (7) two-bedroom one-bath, and (1) three-bedroom two-bath in the main building. The four ADUs consist of (2) two-bedroom two-bath units up to 1,150 square feet located on the north portion of the parking garage and (2) two-bedroom two-bath units up to 950 square feet in the detached stacked structure. Plans were designed by Gary Miller, AIA of Miller Architectural Corporation. All design disciplines are fully coordinated and approved. Architectural, structural, civil, mechanical, electrical, plumbing, fire, life safety, and landscape. The site is 0.39 acres and carries an AB 2097 parking exemption due to its proximity to the Redlands Arrow Metrolink station. On-site parking is provided. Downtown Redlands is a proven submarket. The University of Redlands drives consistent rental demand. Oran

Listing Status:
Active
Date Added:
March 3, 2026
Data Last Updated:
April 6, 2026 at 6:07AM
Listing Office:
Marcus & Millichap : 310-909-5500
Listing Agent:
Oscar Diaz : 213-943-1884
MLS ID:
CL26661985
  • Originating MLS: CRMLS
  • County: San Bernardino
  • Zoning: 0171281300000
  • Source: CRMLS

This listing courtesy of Oscar Diaz , Marcus & Millichap

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

0.60 miles away

R

Redlands Eacademy

820 W Stuart Ave, Redlands, CA, 92374

Grades KG-12

0.82 miles away

R

Redlands High School

840 E Citrus Ave, Redlands, CA, 92374

Grades 9-12

0.48 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.