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$ 1,050,000
Est. payment /mo
Active
108 W Olive Avenue Redlands, CA 92373
1 Bed
1 Bath
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24226026
Bedrooms 1
Property Sub-Type Res Income 2-4 Units
Property Description
We are proud to exclusively present for sale a 4-unit apartment community located at 108 W Olive Avenue in the historic downtown district of the city of Redlands. The property is part of a portfolio of multifamily properties all withing blocks of one another which includes 108 W Olive Avenue (4 Units); 305 W Olive Avenue (7 Units); 205 W Fern Avenue (8 Units); and 304 Eureka Street (3 Units). All properties can be sold together or individually. 108 W Olive Avenue is located south of Interstate 10 and is situated between S 4th Street and Grant Street, south of Redlands Boulevard. It is walking distance to downtown Redlands, Olive Market, the Redlands Bowl and Smiley Library. It is within biking distance to ESRI (the citys top employer) and the University of Redlands; and within five miles of Loma Linda University Medical Center. 108 W Olive Avenue offers convenient access to the 10, 210 and 215 freeways and neighboring cities in the countyLoma Linda, Yucaipa, and Colton. It is located less than 6 miles from the San Bernardino International Airport and just a short drive from Riverside, Ontario, Moreno Valley, and San Bernardino all major logistic hubs within the region. Several significant local landmarks are also within a short distance, including: Yaamava' Resort & Casino, Big Bear Lake, Lake Arrowhead, the San Bernardino National Forest, Morongo Casino Resort & Spa and more. Built in 1910, 108 W Olive Avenue is comprised of a two-story building with four apartment units comprising of one-bedroom/one-bath units. The property has a lot size of 11,920 square feet and total
Location
State CA
County San Bernardino
Zoning Assessor
Direction Merge onto I-10 E, Take exit 77A for Alabama St, Turn right onto Tennessee St, Turn left onto W Redlands Blvd, Turn right onto E
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 0171291090000

Listed by Eric Chen CB RICHARD ELLIS