Listed By:
Irais Sanchez Avalos with KW The Lakes; 9098562358
Address
1140 Oxford Drive, Redlands, CA
Price
$ 940,000
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

Property vs Pending Average in 92374

Price
AVG $700K
$940K
Visits
AVG 72
6
Data Provided by Inside Real Estate®
Year Built
AVG 1989
1985