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$1,225,000

Beds
8
Baths
6.0
sq ft
4,224

135 Cook St, Redlands, CA 92374

135 Cook St

Redlands, CA 92374

  • 26 days on market
Prime 4-unit multi-family property in Redlands ready for your magic touch! Each spacious 2-story unit features a 1,056 sq. ft., 2 bedroom,1.5 baths with a small backyard area. Each unit has their own garage with automatic garage door opener, central heat and wall AC units. Property features on site laundry room and paved parking lot with vinyl fencing. Excellent investment for new and seasoned real estate investors. Ideal for 1031 exchange buyers looking to maximize their rental income potential.

Details

Property type

Est. home value

$1,067,558

Lot size

0.29 acres

Price per sq ft

$291

Year built

1964

Price History

11/26/2024
SanDiego

SanDiego #240028440

Listed
$1,225,000
+25.2%
07/23/2021
CRMLS

CRMLS #CV21121325

Sold
$978,400

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$445,965
Asking price
$1,225,000
Closing costs (~8% of asking)
-$98,000
Est. remaining loan balance
-$681,035
Cash to seller
$445,965

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

June 2021

Original loan amount

$736,000

Est. remaining balance

$681,035

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Israel Bahena and Maria Bahena

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 2:00 AM

Listing updated: 12/13/2024 at 5:51 PM

Listed by: Alex Avelar, Cielo Home Group Phone #: (760) 497-4132

MLS: SanDiego #240028440

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