101 W Fern Avenue, Redlands, CA 92373

  • $1,625,000
  • $1,695,000
101 W Fern Avenue, Redlands, CA 92373
Active
101 W Fern Avenue, Redlands, CA 92373
101 W Fern Avenue, Redlands, CA 92373
  • $1,625,000
  • $1,695,000

Description

PRICE IMPROVEMENT – Located on prestigious Fern Avenue in the highly desirable Smiley Heights Historic District, this 7-unit multifamily property is a rare find in an A+ Redlands location. Just minutes from Downtown Redlands, the University of Redlands, and ESRI headquarters – the world’s leading location-based technology company – this property is perfectly positioned for strong rental demand. Situated on a spacious 9,300+ sq. ft. lot, this property features a huge parking area with 4 private garages plus additional open parking spaces. Additionally, the ample lot size provides excellent potential for adding Accessory Dwelling Units (ADUs), offering investors a fantastic opportunity to increase rental income. Residents enjoy the best of South Redlands, with tree-lined streets, historic charm, and modern conveniences all within reach. The area boasts top-rated public schools, scenic parks, shopping centers, fitness facilities, and a vibrant dining scene. Plus, with easy access to I-10, San Bernardino International Airport (7 miles away), and surrounding cities, this is an unbeatable location for tenants. This is an outstanding opportunity to own a well-positioned investment property with significant value-add potential in one of Redlands’ most sought-after areas.

  • Address 101 W Fern Avenue
  • City Redlands
  • State/county CA
  • Zip/Postal Code 92373
  • Country US

Details

Updated on April 16, 2025 at 9:57 pm
  • Property ID: 25502965
  • Price: $1,625,000
  • Property Size: 4517
  • Land Area: 0.2149 Acres
  • Bedrooms: 6
  • Bathrooms: 7
  • Garage Size: x x
  • Year Built: 1930
  • Property Type: Residential Income
  • Property Status: Active

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  • Hoyt Hochman