CA > Redlands
Redlands, CA 92373,120 W Olive Avenue
Listed by Prashant Sampat • Pacific Avenue Realty
$1,350,000
Est. payment /mo
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3,080 SqFt
Active

120 W Olive Avenue Redlands, CA 92373

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Kenneth Er

Kenneth Er

Compass

+1(510) 828-8572

UPDATED:

01/14/2025 07:24 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,080 sqft

Price per Sqft $438

MLS Listing ID CROC24245058

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1940

Lot Size 8,400 Sqft

Property Sub-Type Other

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

Interior

Fireplace No

Laundry No Hookups

Building

Lot Description Front Yard

Water Public

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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120 W Olive Avenue

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