120 W Olive Avenue, Redlands CA, 92373

Active

120 W Olive Avenue

Redlands CA, 92373

$1,350,000

$438.31 per sqft

Active

3,080 sqft

Condos

Built in 1940

Listed by Prashant Sampat with Pacific Avenue Realty 562-841-0227

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!

OC24245058

MLSⓇ ID

January 13, 2025

Listed

January 14, 2025

Updated

Map

120 W Olive Avenue
Redlands CA, 92373

Interior Features

Total Stories: 2
Laundry Description: None
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.19 Acres
Lot Features: 0-1 Unit/Acre, Front Yard
Sewer: Public Sewer

Other Property Details

Area Name: 268 - Redlands
Garage: No
Parking Total: 0
View: No
County: San Bernardino
Water Source: Public
Pool: No
Pool Features: None

Listing Contact: 949-385-3234

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/14/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 1/14/2025 at 5:37 AM UTC