31
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$1,350,000
Est. payment /mo
8,400 Sqft Lot
Active
120 W Olive AVE Redlands, CA 92373
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24245058
Originating Board California Regional MLS
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
Area 268 - Redlands
Interior
Laundry None
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 0171291110000
Special Listing Condition Not Applicable
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Listed by Prashant Sampat • Pacific Avenue Realty