tomo logo

$1,350,000

Beds
Unknown
sq ft
Unknown

120 W Olive Ave, Redlands, CA 92373

120 W Olive Ave

Redlands, CA 92373

  • 81 days on market
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!

Details

Property type

Apartment

Lot size

8,400 sq ft

Price per sq ft

Unknown

Year built

1940

Price History

01/13/2025
CRMLS

CRMLS #OC24245058

Listed
$1,350,000
+145.45%
01/19/2017
CRMLS

CRMLS #CV17012682

Sold
$550,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

Status: Active

Tomo last checked: 04/04/2025 at 5:05 AM

Listing updated: 01/23/2025 at 4:01 PM

Listed by: Prashant Sampat, Pacific Avenue Realty Phone #: (949) 385-3234

MLS: CRMLS #OC24245058

CRMLS logo

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