Property Attributes
- MLS#IG24190346
- TypePending
- CountySAN BERNARDINO
- CityRedlands
- AreaRedlands
- Zip92374
- StyleQuadruplex
- Price$ 940,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage4006
- Lot Size0.2755 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
Discover the perfect investment with this 4-unit property, a true gem for savvy investors. Located in the highly sought-after city of Redlands, this property promises not just a steady stream of rental income but also remarkable potential for future growth. Each of the four individually designated units offers a unique living space, catering to diverse tenant needs. The property is ideally situated near schools, shopping centers and parks ensuring that residents enjoy easy access to all local amenities. Additional features include a spacious four-car garage and ample off-street parking, providing convenience and peace of mind for all tenants. As Redlands continues to gain popularity, property values are on the rise, making this investment a strategic choice for long-term financial gain. Don't miss out on this exceptional opportunity to secure a valuable asset.
Price History | |
---|---|
9/13/2024 | Listed $940,000 |
General Features
Sewer | PublicSewer |
---|---|
Cooling | CentralAir |
Roof | Shingle |
HOA | 684.0 |
Garage Spaces | 4.0 |
Pool Features | None |
Year Built | 1985 |
Stories | 2 |
Levels | Two |
Property SubType | Quadruplex |
Gross Income | 68340.0 |
Community Features | StreetLights,Sidewalks |
Assoc Fee Paid Per | Monthly |
County | San Bernardino |
Net Operating Income | 57571.0 |
Operating Expense | 10769.0 |
Insurance Expense | 4769.0 |
New Construction | No |
Property Type | ResidentialIncome |
Home Owner Assoc | Yes |
Attached Garage | No |
Facing Direction | West |
Garage Y/N | Yes |
Special Listing Conditions | Trust |
Status | Pending |
Directions | Use GPS |
City | Redlands |
Association Name | Citrus |
Entry Location | Side |
View Y/N | No |
Senior Community Y/N | No |
Open Parking Spaces | 2.0 |
NumberOfUnitsTotal | 4 |
MLS Area | 268 - Redlands |
Lot Size Units | SquareFeet |
Lot Size Square Feet | 12000.0 |
Private Pool | No |
Waterfront Y/N | No |
Carport Spaces | 4.0 |
Carport Y/N | Yes |
Electric On Property Y/N | No |
Terms | Submit |
Land Lease Y/N | No |
Electric Expense | 1200.0 |
Home Warranty Y/N | No |
Current Financing | Conventional |
Fuel Expense | 2220.0 |
Trash Expense | 0.0 |
Water Sewer Expense | 2580.0 |
Lease Renewal Y/N | No |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Days on Market | 1 |
Building Area Units | SquareFeet |
Standard Status | Pending |
Year Built Source | PublicRecords |
Tax Lot | 13 |
Property Sub Type Additional | Quadruplex |
MobileHomeRemainsYN | No |
Interior Features
Fireplace Features | None |
---|---|
Total Stories | 2 |
Common Walls | TwoCommonWallsOrMore |
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | No |
Fireplace Y/N | No |
Laundry Features | CommonArea |
Entry Level | 1 |
Exterior Features
Lot Features | ZeroToOneUnitAcre,FrontYard,Lawn,Level,StreetLevel,Yard |
---|---|
Water Source | Public |
Total Parking | 10.0 |
Lot Size Area | 12000.0 |
Number of Buildings | 1 |
Spa | No |
Building Area Total | 4006.0 |
Lot Size Acres | 0.2755 |
Lot Size Source | Assessor |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool