120 W Olive Avenue, Redlands, CA 92373 - Berkshire Hathaway HomeServices California Properties
120 W Olive Avenue Redlands, CA 92373
$1,350,000 0 beds, 0 baths
0 sqft

Agent Remarks

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!

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# OC24245058
List price is $1,350,000
Beds: 0
Baths: 0
Built in 1940
0.19 acres
Lot size: 0.1928
County: San Bernardino
Lot description: ZeroToOneUnitAcre,Front Yard
MLS area: 268 - Redlands

Last Updated: 1/14/2025

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This listing belongs to the 268 - Redlands MLS area

Lat/Long: 34.052908, -117.182998.
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Listing Agent: Prashant Sampat
Lic#: 01801928
Office Name: Sherman Oaks

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