Active

610 E Lugonia Avenue 4

Redlands CA, 92374

$1,180,000


$294.56 per sqft

Active

4,006 sqft

Condos

Built in 1985

Listed by HELEN CHAN with IRN REALTY 626-632-3688

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. Seller replaced all units plumbing work and termite work. Unit Features:
Unit # A: 3-bedrooms, 2 bathrooms, and a cozy fireplace in the living room.
Unit # B, 2-bedrooms and 2 bathrooms and a small size of patio off the kitchen.
Unit # C, 2-bedrooms and 2 bathrooms and a deck off the kitchen.
Unit D: 2 bedrooms and 1 bathroom, with a spacious living area and a deck above the laundry room.
Rental Income, Rents are below market due to long-term tenants. Each unit has an excellent floor plan that provides additional rental income potential for future growth. Each unit has its own electric and gas meters. Landlord pays, water & gas bill for the hot water tank for all 4 units and the laundry area.
Monthly HOA dues are $718. 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.

WS24151457

MLS ID

July 25, 2024

Listed

December 10, 2024

Updated

Map

610 E Lugonia Avenue 4
Redlands CA, 92374

Interior Features

Total Stories

2


Laundry Description

Laundry Room


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.3 Acres


Lot Features

Front Yard


Sewer

Public Sewer

Other Property Details

Area Name

268 - Redlands


Days on Market

53


Association Fee

Not Listed


Garage

Yes


Garage Spaces

4


Parking Total

4


View

No


County

San Bernardino


Water Source

Public


Pool

No


Pool Features

None

Listing Contact: 626-447-5100 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/10/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/10/2024 at 10:21 PM UTC

 

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