Joanne Brown
JB Real Estate & Investment Inc
(562) 454-0350
30 Total Sales
1 in North Redlands
$622,000 Price
We are proud to present an unique investment opportunity in the heart of Redlands: The Los Arboles Apartments. This 25-unit property, located at 1002, 1006, 1016, 1022, and 1028 Tribune Street and 1001 and 1007 Post Street, offers a rare advantage – it comprises seven individually parceled buildings (three triplexes and four fourplexes) situated on a spacious 1.66-acre lot. Built in 1965, the well-maintained complex features pitched composition roofs, and secure iron fencing with entry gates around all but one of the building clusters. The desirable unit mix includes primarily single-story two-bedroom/two-bathroom units, supplemented by townhouse-style two-bedroom/two-bathroom units and three-bedroom/two-bathroom units within two of the fourplexes. Residents benefit from ample parking with 23 garages, 4 carports, and 13 open spaces. The properties boast mature landscaping with lovely mountain views, courtyards, laundry facilities, individual porches or patios, and ample street parking. Units feature fully equipped kitchens with oven ranges, horizontal blinds, AC/ heating, storage space, carpet flooring, spacious floorplans, ample closet space and select units have dishwashers. Strategically positioned near vibrant Downtown Redlands and the University of Redlands, Los Arboles offers investors a stabilized asset with significant structural flexibility and strong location fundamentals. Redlands benefits from a diverse and resilient economy, anchored by major employers in technology (like global GIS leader Esri), logistics (including large distribution centers), healthcare, and education (University of Redlands). This robust employment base consistently attracts a strong workforce, driving sustained demand for rental housing throughout the city. The Los Arboles Apartments offers a central location with convenient access to the Metrolink Downtown Redlands Commuter Rail Station. The property is also nearby to shopping centers, theaters, restaurants, and trendy shops, catering to diverse needs and providing excellent entertainment options. The Los Arboles Apartments is a stable income-producing asset in the Inland Empire, promising a strong return on investment. Whether you’re a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Joanne Brown
JB Real Estate & Investment Inc
(562) 454-0350
30 Total Sales
1 in North Redlands
$622,000 Price
Patricia Novo
STIGLER HOMES
(909) 404-9967
57 Total Sales
2 in North Redlands
$525K - $560K Price Range
ALBERT NAPITUPULU
JASON MITCHELL REAL ESTATE CA.
(909) 503-4383
55 Total Sales
1 in North Redlands
$530,000 Price
NIEMA THOMAS
NIEMA THOMAS BROKER
(951) 934-7958
85 Total Sales
4 in North Redlands
$548K - $820K Price Range
Edward Mazmanian
Re/Max Partners
(951) 476-2534
74 Total Sales
1 in North Redlands
$370,000 Price
Brad Kerr
BK Platinum Properties
(562) 352-1881
56 Total Sales
1 in North Redlands
$600,000 Price
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $4,800,000 | First American Title Insurance | ||
| Redlands Apartments Llc | -- | Old Republic Title | |
| Pithiya Viram M | -- | First American Title Company | |
| Waters E David G | -- | -- | |
| Waters E David G | -- | -- | |
| Waters E David G | -- | Benefit Land Title |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $4,800,000 | ||
| Previous Owner | Redlands Apartments Llc | $3,000,000 | |
| Previous Owner | Pithiya Viram M | $1,800,000 | |
| Previous Owner | Pithiya Viram M | $1,802,500 | |
| Previous Owner | Waters E David G | $241,500 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/18/2025 06/18/25 | Sold | $4,800,000 | -20.0% | $174 / Sq Ft | |
| 06/04/2025 06/04/25 | Pending | -- | -- | -- | |
| 05/09/2025 05/09/25 | Price Changed | $6,000,000 | -11.1% | $217 / Sq Ft | |
| 04/22/2025 04/22/25 | For Sale | $6,750,000 | +162.1% | $245 / Sq Ft | |
| 04/24/2013 04/24/13 | Sold | $2,575,000 | -8.0% | $93 / Sq Ft | View Prior Sale |
| 03/13/2013 03/13/13 | Pending | -- | -- | -- | |
| 11/07/2012 11/07/12 | For Sale | $2,800,000 | -- | $101 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $6,387 | $816,000 | $244,800 | $571,200 |
| 2025 | $6,387 | $507,350 | $100,977 | $406,373 |
| 2024 | $5,968 | $497,402 | $98,997 | $398,405 |
| 2023 | $5,961 | $487,649 | $97,056 | $390,593 |
| 2022 | $5,876 | $478,087 | $95,153 | $382,934 |
| 2021 | $5,982 | $468,712 | $93,287 | $375,425 |
| 2020 | $5,894 | $463,905 | $92,330 | $371,575 |
| 2019 | $5,731 | $454,809 | $90,520 | $364,289 |
| 2018 | $5,590 | $445,891 | $88,745 | $357,146 |
| 2017 | $5,543 | $437,148 | $87,005 | $350,143 |
| 2016 | $5,481 | $428,576 | $85,299 | $343,277 |
| 2015 | $5,442 | $422,139 | $84,018 | $338,121 |
| 2014 | $5,344 | $413,870 | $82,372 | $331,498 |
Seller's Agent in 2025
Eric Chen
CB RICHARD ELLIS
(909) 418-2030
1 in this area
66 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25088667
APN: 0169-092-01
Ask me questions while you tour the home.