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Seller's Agent in 2023
Eddie Perez
The R.R. Network
Estimated Value: $1,284,000 - $1,377,000
Welcome to 1131 E Citrus Avenue, a 4-unit Townhouse building located in the heart of Redlands. Offering a harmonious fusion of comfort and investment potential, this property presents an exciting opportunity for discerning investors and residents seeking a charming place to call home. Each of the four units boasts a spacious layout, with approximately 1000 square feet of living space. Designed with a focus on practicality and style, each unit features two bedrooms and two baths, offering ample space for comfortable living. All bedrooms are located upstairs with a half bath downstairs. Two of the units have undergone complete remodeling, showcasing modern fixtures, upgraded finishes, and contemporary aesthetics. These renovated units are sure to captivate potential tenants seeking a premium living experience. The remaining two units offer a blank canvas for personalization, presenting an opportunity for the new owner to add their touch and further enhance the property's value.Nestled in the charming city of Redlands, this property enjoys proximity to an array of conveniences and attractions. Residents will find themselves within easy reach of shopping centers, dining establishments, parks, and recreational facilities, catering to their diverse lifestyle needs.For savvy investors, this 4-unit apartment building holds significant potential for steady rental income and long-term appreciation. The combination of updated units, a Section 8 rental (guaranteed income), and the opportunity for further improvements positions this property as an excellent addition to any investment portfolio. Property has a separate laundry room ready for a coin operated washer and dryer that can bring in additional income.
Last Agent to Sell the Property
Eddie Perez
The R.R. Network License #01793657 Listed on: 08/04/2023
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| C Hartfield Llc | $1,242,500 | Wfg Title Company | |
| Wraith 48 Llc | -- | Socal Title Company | |
| Perez Edwin | $790,000 | Stewart Title Company | |
| Osei Kwabena | -- | Orange Coast Title Company | |
| Osei Kwabena | $610,000 | Orange Coast Title Company | |
| Ha Hai Ngoc | -- | None Available | |
| Ha Han | $240,000 | Lawyers Title Insurance Corp | |
| Nguyen Van T | -- | -- | |
| Nguyen Diem Trang Thi | $435,000 | Lawyers Title Company | |
| Montes Noel Augusto | -- | Gateway Title | |
| Montes Noel Augusto | -- | Gateway Title | |
| Montes Noel Augusto | -- | Chicago Title Co | |
| Montes Noel Augusto | $173,000 | Chicago Title Co | |
| Household Financial Services | $180,000 | Benefit Land Title Ins Co | |
| Jackson Gary | $275,000 | First Southwestern Title Co | |
| Macon Clifford M | $111,000 | North American Title Co | |
| Fidelity Federal Bank Fsb | $95,000 | Fidelity National Title Ins |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Perez Edwin | $780,000 | |
| Previous Owner | Osei Kwabena | $488,000 | |
| Previous Owner | Ha Han | $180,000 | |
| Previous Owner | Nguyen Diem Trang Thi | $400,000 | |
| Previous Owner | Montes Noel Augusto | $194,500 | |
| Previous Owner | Jackson Gary | $233,750 | |
| Previous Owner | Macon Clifford M | $110,258 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $1,242,500 | +24.5% | $294 / Sq Ft | |
| 08/08/2023 08/08/23 | Pending | -- | -- | -- | |
| 08/04/2023 08/04/23 | For Sale | $998,000 | +63.6% | $236 / Sq Ft | |
| 09/07/2018 09/07/18 | Sold | $610,000 | -1.6% | $144 / Sq Ft | View Prior Sale |
| 07/24/2018 07/24/18 | For Sale | $619,999 | -- | $147 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2025 | $14,720 | $1,267,350 | $377,400 | $889,950 |
| 2024 | $14,720 | $1,242,500 | $370,000 | $872,500 |
| 2023 | $9,961 | $821,916 | $166,464 | $655,452 |
| 2022 | $9,818 | $805,800 | $163,200 | $642,600 |
| 2021 | $9,997 | $790,000 | $160,000 | $630,000 |
| 2020 | $7,862 | $622,200 | $122,400 | $499,800 |
| 2019 | $7,644 | $610,000 | $120,000 | $490,000 |
| 2018 | $3,372 | $264,937 | $47,467 | $217,470 |
| 2017 | $3,344 | $259,742 | $46,536 | $213,206 |
| 2016 | $3,308 | $254,649 | $45,624 | $209,025 |
| 2015 | $3,284 | $250,824 | $44,939 | $205,885 |
| 2014 | $3,577 | $245,911 | $44,059 | $201,852 |
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Seller's Agent in 2023
Eddie Perez
The R.R. Network
Buyer's Agent in 2023
Rudy Ray Muniz
WORK REALTY ADVISORS
(909) 626-8989
1 in this area
35 Total Sales
Seller's Agent in 2018
Luis Zapata
RE/MAX
(626) 827-3161
66 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV23143858
APN: 0170-251-50