120 W Olive Avenue, Redlands, California 92373
- $1,299,000
- $1,350,000
- $1,299,000
- $1,350,000
Overview
- Apartment, Residential Income
- 3080 Sqft
- 1940
Description
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!
Address
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Address: 120 W Olive Avenue
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City: Redlands
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State/county: CA
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Zip/Postal Code: 92373
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Country: US
Details
Updated on February 15, 2026 at 3:31 am-
Property ID OC24245058
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Price $1,299,000
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Property Size 3080 Sqft
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Land Area 0.1928 Acres
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Year Built 1940
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Conventional, 1031 Exchange
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Sewer Public Sewer
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County San Bernardino
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Property Type Residential Income
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Pool None
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Community Features Curbs, Sidewalks
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