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$1,595,000

Beds
Unknown
sq ft
Unknown

24 Grant St, Redlands, CA 92373

24 Grant St

Redlands, CA 92373

  • 3 days on market
Seven unit apartment complex with two separate buildings, four garages, private yard for tenants, and coin laundry - located directly across from the historic Redlands Bowl and Jocelyn Senior Center, one block from the AK Smiley Public Library, and adjacent to Smiley Park. On the market for the first time in over fifty years, 'The Prosellis' apartments offer a unique opportunity for either a live in owner, or an investor who is looking for an A+ location with rents that are currently under market rate. Our front building consists of four one bedroom units, two studios, and a common laundry area (est. 3484 sq ft). The back building (est. 1134 sq ft), which has it's own private yard, is a two bedroom apartment located on top of the four separate garages. A basement underneath the front building provides ample storage space for ownership, and easy access to systems like water heaters, plumbing, and electrical. The four garages open up to the alley. Excellent Redlands Schools.

Details

Property type

Apartment

Lot size

8,000 sq ft

Price per sq ft

Unknown

Year built

1930

HOA

No

Price History

03/31/2025
CRMLS

CRMLS #IG25011837

Listed
$1,595,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Park, Street Lights, Suburban, Sidewalks

Seller’s Loan History

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

Lender

Capitol Thrift & Loan Assn

Loan start date

December 1999

Original loan amount

$67,000

Est. remaining balance

Not provided

Interest rate

7.3%

Loan type

Commercial, 16 year

Seller

Richard Dewitt and Elizabeth Dewitt

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: 04/04/2025 at 5:15 AM

Listing updated: 04/02/2025 at 12:00 PM

Listed by: JOSEPH SHAW, Shaw Real Estate Brokers Phone #: (909) 798-1000

MLS: CRMLS #IG25011837

CRMLS logo

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