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!
Property Details
Price:
$1,299,000
MLS #:
OC24245058
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
268
Listed Date:
Sep 13, 2025
Total Sq Ft:
3,080
Lot Size:
8,400 sqft / 0.19 acres (approx)
Year Built:
1940
See this Listing
Schools
Interior
Laundry Features
NO
Exterior
Community Features
SDW, CRB
Financial
Map
Community
- Address120 W Olive AV Lot 15 Redlands CA
- CityRedlands
- CountySan Bernardino
- Zip Code92373
Market Summary
Current real estate data for Single Family in Redlands as of Nov 26, 2025
179
Single Family Listed
48
Avg DOM
286
Avg $ / SqFt
$589,270
Avg List Price
Property Summary
- 120 W Olive AV Lot 15 Redlands CA is a Single Family for sale in Redlands, CA, 92373. It is listed for $1,299,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1940. The average price per square foot for Single Family listings in Redlands is $286. The average listing price for Single Family in Redlands is $589,270.
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