Rare Redlands 5-Unit Surrounded by Single Family Homes. Located on a quiet residential block just off Olive Avenue, 230 S Buena Street is one of the only multifamily properties in this central Redlands neighborhood. The property consists of five units including two two-bedroom units, one one-bedroom unit, and two studios, one of which is oversized. It is currently operating at a 5.31% cap rate with a pro forma cap rate of 6.27%. One unit includes its own in-unit washer and dryer, while the remaining four share a common laundry room. The 10,920 square foot lot includes five garages, four assigned parking spaces in the rear, and additional open parking. Recent roof replacements and separate electric meters help reduce operating costs and improve efficiency. The location offers walkable proximity to Downtown Redlands, Prospect Park, and the A.K. Smiley Public Library, with easy access to the I-10 and 210 Freeways connecting to Riverside, San Bernardino, and surrounding job hubs.
Property Details
Price:
$1,225,000
MLS #:
25565809
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
268redlands
Listed Date:
Jul 15, 2025
Lot Size:
10,920 sqft / 0.25 acres (approx)
Year Built:
1910
See this Listing
Schools
Interior
Exterior
Parking Features
Street
Parking Spots
8.00
Financial
Map
Community
- Address230 S Buena Vista Street Redlands CA
- Neighborhood268 – Redlands
- CityRedlands
- CountySan Bernardino
- Zip Code92373
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
- 230 S Buena Vista Street Redlands CA is a Residential Income for sale in Redlands, CA, 92373. It is listed for $1,225,000
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