Estados UnidosCaliforniaRedlandsSouth Redlands108 West Olive Avenue

108 West Olive Avenue 108 West Olive Avenue Redlands, California 92373 Estados Unidos

$1,050,000
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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...

CB RICHARD ELLIS

Listing Courtesy of CB RICHARD ELLIS, Email/Phone : 626-757-5717
1,093 metros cuadrados
Exterior
Edificio Residencial
Tipo de inmueble
1910
Año de construcción
CV24226026
ID web
CV24226026
ID de MLS
Redlands Unified
Distrito escolar
192
días atrás

About 108 West Olive Avenue

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 city s 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 county Loma 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 rentable square feet of approximately 3,172 square feet. The units feature built-in cabinetry, high ceilings, ceiling fans, wall air conditioning and heating, and included appliances. The common areas feature lush landscaping with large mature trees and an on-site laundry facility.108 W Olive Avenue is an income-producing property and a great long-term value-add investment opportunity. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.

Listing Courtesy of CB RICHARD ELLIS, Email/Phone : 626-757-5717

Amenidades

  • heating/cooling

características

enfriamiento
Propano Calefacción
Comunidad
Aceras

PROPERTY INFORMATION

Community Info
Curbs, Sidewalks
Cooling
WallWindowUnits
Garage Info
0
Heating
WallFurnace
Sewer
PublicSewer
Water
Public

EXTERIOR

Lot Description
TwoToFiveUnitsAcre

ADDITIONAL INFORMATION

Number of Units
4
Listing Courtesy of CB RICHARD ELLIS, Email/Phone : 626-757-5717

CB RICHARD ELLIS

Listing Courtesy of CB RICHARD ELLIS, Email/Phone : 626-757-5717
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