120 W Olive Avenue
Redlands, CA, 92373
$1,350,000
Beds
0 Baths
SqFt
0.19 Acres
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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&#39's portfolio. Don’t miss out on this exceptional opportunity- schedule a viewing today!

Property Details

Price:
$1,350,000
MLS #:
OC24245058
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
268redlands
Listed Date:
Jan 13, 2025
Lot Size:
8,400 sqft / 0.19 acres (approx)
Year Built:
1940
268redlands

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Market Summary

Current real estate data for Residential Income in Redlands as of Oct 22, 2025
11
Residential Income Listed
211
Avg DOM
$967,445
Avg List Price

Property Summary

    120 W Olive Avenue Redlands CA is a Residential Income for sale in Redlands, CA, 92373. It is listed for $1,350,000

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