Property Details
About this Property
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!
MLS Listing Information
MLS #
CROC24245058
MLS Source
California Regional MLS
Interior Features
Laundry
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
120 W Olive Ave is a Residential Income in Redlands, CA 92373. This – square foot property sits on a 8,400 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,200,000 and was built in 1940. This address can also be written as 120 W Olive Ave, Redlands, CA 92373.
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This listing information is up-to-date as of February 15, 2026. For the most current information, please contact Prashant Sampat
