$1,125,000
$50K PRICE DROP

Estimated payment $6,591/month

Total Views 10,169
5 Beds
3 Baths
3,852 Sq Ft
$292 Price per Sq Ft

Highlights

  • Corner Lot
  • Crafton Elementary School Rated A-
  • Laundry Room

About This Home

RECENT 50K PRICE REDUCTION MOTIVATED SELLER / Highlights: ProForma CAP Rate of 5.32% / Attractive Unit Mix: (1) 3B2B Unit (3) 2B/1B Units / New Plumbing and Central AC/Heating / Possible FHA Financing Options: Eligible with as little as 3.5% down / Strong Rents with Long-Term Tenancy / Added Features: (4) Individual Single Car Garages / Laundry Room Onsite / Welcome to 217 Judson Street, Redlands CA 92374, a premier multi-family investment opportunity in the thriving city of Redlands. This well-maintained apartment complex, built in 1964, is situated on a lot totaling 0.167 acres, offering ample space and strategic central positioning. With 4 units, the property boasts an attractive unit mix.

Listing Agent

Albert Le

LE INVESTMENT GROUP Brokerage Phone: 909-256-7889 License #01468313 Listed on: 11/04/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,275 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,852 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Private Sewer

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 6883
  • Assessor Parcel Number 0170221220000
  • $1,473 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Fuel Expense $1,800
  • Insurance Expense $3,240
  • Trash Expense $1,800
  • Water Sewer Expense $1,800
  • Operating Expense $33,832
  • Gross Income $93,588
  • Net Operating Income $56,012

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.03
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0170221220000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 292.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Private Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7274.52
  • Lot Size Acres: 0.1670

Multi Family

  • Electric Expense: 1800.00
  • Fuel Expense: 1800.00
  • Gross Income: 93588.00
  • Gross Scheduled Income: 93588.00
  • Insurance Expense: 3240.00
  • Lot Size Area: 0.1670 Acres
  • Net Operating Income: 56012.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 33832.00
  • Rent Control: Yes
  • Total Expenses: 33832.00

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 6883
  • TaxOtherAnnualAssessmentAmount: 1473.00

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $9,193 $787,425 $196,856 $590,569
2024 $9,193 $771,985 $192,996 $578,989
2023 $9,183 $756,848 $189,212 $567,636
2022 $9,050 $742,008 $185,502 $556,506
2021 $9,215 $727,459 $181,865 $545,594
2020 $9,079 $720,000 $180,000 $540,000
2019 $7,735 $617,406 $142,800 $474,606
2018 $7,543 $605,300 $140,000 $465,300
2017 $6,068 $479,500 $119,900 $359,600
2016 $5,438 $425,100 $106,300 $318,800
2015 $5,032 $389,600 $97,400 $292,200
2014 $4,398 $338,800 $84,700 $254,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2025 12/05/25 Price Changed $1,125,000 -4.3% $292 / Sq Ft
11/04/2025 11/04/25 For Sale $1,175,000 +63.2% $305 / Sq Ft
10/28/2019 10/28/19 Sold $720,000 -8.3% $191 / Sq Ft View Prior Sale
06/16/2019 06/16/19 Price Changed $785,000 -1.9% $208 / Sq Ft
05/17/2019 05/17/19 For Sale $800,000 +45.5% $212 / Sq Ft
10/20/2017 10/20/17 Sold $550,000 +10.4% $146 / Sq Ft View Prior Sale
09/06/2017 09/06/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $498,200 -- $132 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $720,000 Lawyers Title
Interfamily Deed Transfer -- North American Title Company
Grant Deed $605,500 None Available
Grant Deed $550,000 Premium Title Of Ca Inc
Deed In Lieu Of Foreclosure $505,000 First American Title
Interfamily Deed Transfer -- None Available
Grant Deed $470,000 First Southwestern
Grant Deed $323,000 Fidelity National Title
Grant Deed -- Fidelity National Title
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed $195,000 First American Title Ins Co
Trustee Deed $229,900 First American Title Ins Co
Grant Deed $310,000 Northern Counties Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $540,000 New Conventional
Previous Owner $439,400 Commercial
Previous Owner $375,000 Purchase Money Mortgage
Previous Owner $376,000 Purchase Money Mortgage
Previous Owner $226,000 No Value Available
Previous Owner $156,000 No Value Available
Previous Owner $248,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25253620

California Regional Multiple Listing Service (CRMLS)

APN: 0170-221-22