120 W Olive Avenue, Redlands, CA 92373

  • $1,350,000
120 W Olive Avenue, Redlands, CA 92373
Active
120 W Olive Avenue, Redlands, CA 92373
120 W Olive Avenue, Redlands, CA 92373
  • $1,350,000

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!

  • Address 120 W Olive Avenue
  • City Redlands
  • State/county CA
  • Zip/Postal Code 92373
  • Country US

Details

Updated on January 14, 2025 at 5:04 am
  • Property ID: OC24245058
  • Price: $1,350,000
  • Property Size: 3080 Square Feet
  • Land Area: 0.1928 Acres
  • Garage Size: x x
  • Year Built: 1940
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Contact Information

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  • Hoyt Hochman