Discover the perfect investment with this 4-unit property, a true gem for savvy investors. Located in the highly sought-after city of Redlands, this property promises not just a steady stream of rental income but also remarkable potential for future growth. Each of the four individually designated units offers a unique… Read More living space, catering to diverse tenant needs. The property is ideally situated near schools, shopping centers and parks ensuring that residents enjoy easy access to all local amenities. Additional features include a spacious four-car garage and ample off-street parking, providing convenience and peace of mind for all tenants. As Redlands continues to gain popularity, property values are on the rise, making this investment a strategic choice for long-term financial gain. Don't miss out on this exceptional opportunity to secure a valuable asset. Read Less
Property listed by KW The Lakes, Irais Sanchez Avalos 9098562358
Listing Snapshot
Days Online
25
Last Updated
Property Type
Quadruplex
Lot Size
0.28 Acres
Year Built
1985
MLS Number
IG24190346
30 Days Snapshot Of 92374
$
+6%
(avg) sold price
22
-12%
homes sold
79
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1985, Building area total: 4,006, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
StreetLights, Sidewalks
Cooling
CentralAir
Expenses
Electric expense: $1,200, Fuel expense: $2,220, Insurance expense: $4,769, Operating expense: $10,769, Water sewer expense: $2,580
Fireplaces
None
Garage
4 spaces
Home Owner's Association
Association fee: $684
Income
Gross income: $68,340, Net operating income: $57,571
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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