Active
521 Courier Avenue
Redlands CA, 92374
$1,150,000
$287.07 per sqft
Active
4,006 sqft
Multi-family
Built in 1985
Listed by HELEN CHAN with IRN REALTY 626-447-5100
Welcome to the heart of Redlands! Generate income from 4 properties in a desirable neighborhood with a steady rental income stream. The property is conveniently located close to public transportation, highways, restaurants, schools, shopping centers, parks and major transportation routes. Residents will have easy access to all amenities. Building Features: 1 unit is a three bedroom, 2 bath & a fireplaces in living room. 2 units are two-bedroom 2 bath. another 1 unit is a one-bedroom, one-bath. The rent is below market due to long-term tenants. Each unit has excellent surface planting, providing additional rental income potential for future growth. Monthly HOA dues are $684. The HOA pays for dumpsters and normal gardening, conducts regular security patrols, and sets aside reserves to maintain the asphalt behind all buildings to provide a professionally maintained appearance. Each unit has individual electric and gas meters. All 4 units have their own garages, plus 3 covered parking spaces and 2 open parking spaces. Separate gas & electric meter in each unit tenant pays themself. Owner pays water, exterior electric and hot water tank gas bill.
WS24095714
MLSⓇ ID
May 12, 2024
Listed
June 1, 2024
Updated
Map
521 Courier Avenue
Redlands CA, 92374
Interior Features
Total Stories
2
Appliances
Gas Water Heater
Laundry Description
See Remarks
Floor Description
See Remarks
Fireplace
Yes
Fireplace Description
See Remarks
Cooling
Yes
Cooling Description
See Remarks
Heating
Yes
Heating Description
See Remarks
Exterior/Building Features
Lot Size
0.28 Acres
Lot Features
Landscaped
Architectual Style
Other
Roof
Composition
Sewer
Public Sewer, Unknown
Other Property Details
Area Name
268 - Redlands
Days on Market
20
Association Fee
Not Listed
Association Amenities
Maintenance Front Yard
Garage
Yes
Garage Spaces
4
Parking
Detached Carport, Garage, Garage Faces Rear
Parking Total
9
View
No
View Description
None
County
San Bernardino
Water Source
Public
Pool
No
Pool Features
None
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
6/1/2024 | Price Change | $1,150,000 -3% |
Listing Contact: 626-447-5100
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 6/1/2024 at 5:39 PM UTC