120 W Olive Avenue
Redlands, CA 92373
Active for $1,350,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 8,400 sqft
| MLS | OC24245058 |
| Year Built | 1940 |
| Property Type | Apartment |
| County | San Bernardino |
| Status | Active |
| Active | $1,350,000 |
| Structure Size | N/A sqft |
| Lot Size | 8,400 sqft |
| Beds | N/A |
| Baths | N/A |
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!
Listing information courtesy of: Prashant Sampat, Pacific Avenue Realty . *Based on information from the Association of REALTORS/Multiple Listing as of 02/07/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Albert, Roubina and Argin
REALTOR®
Direct: 818.535.3485
Email: Email Me
DRE: 01012033 & 01235023
DRE #01873088
.png){kind=small}