- 4 Beds
- 2 Baths
- .19 Acres
- 271 DOM
120 Olive Avenue
Charming five-unit apartment building in the highly desirable South Redlands area, offering an excellent investment opportunity with strong cash flow and low expenses. This fully-occupied property features a versatile mix of units, including one spacious 2-bedroom, 2-bathroom unit, two comfortable 1-bedroom, 1-bathroom units, and two cozy studio apartments. Each unit is separately metered for electricity and gas, enhancing efficiency for both owners and tenants. The property exudes curb appeal, with a manicured green lawn out front that creates an inviting atmosphere for residents and visitors alike. Inside, each unit enjoys a combination of tile, vinyl, and/or real hardwood flooring. Additionally, an array of private balconies and patios provide residents with peaceful outdoor spaces to enjoy. Situated within walking distance of downtown Redlands, tenants can easily access a variety of shopping, dining, and entertainment options, all just steps away. The prime location, steady occupancy, and diverse unit mix make this property a rare find and a smart addition to any investor's portfolio. Don’t miss out on this exceptional opportunity- schedule a viewing today!
Essential Information
- MLS® #OC24245058
- Price$1,299,000
- Bedrooms4
- Bathrooms2.00
- Acres0.19
- Year Built1940
- TypeResidential Income
- Sub-TypeApartment
- StatusActive
Community Information
- Address120 Olive Avenue
- Area268 - Redlands
- CityRedlands
- CountySan Bernardino
- Zip Code92373
Amenities
- PoolNone
Interior
- # of Stories2
Exterior
- Lot DescriptionFront Yard, ZeroToOneUnitAcre
Additional Information
- Date ListedJanuary 13th, 2025
- Days on Market271
Listing Details
- AgentPrashant Sampat
- OfficePacific Avenue Realty
Price Change History for 120 Olive Avenue, Redlands, (MLS® #OC24245058)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,350,000 to $1,299,000 |
Prashant Sampat, Pacific Avenue Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of October 11th, 2025 at 3:56am PDT. 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, 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.