
230 S Buena Vista St Redlands, CA 92373
South Redlands NeighborhoodEstimated payment $7,887/month
About This Home
Rare Redlands 5-Unit Surrounded by Single Family Homes. Located on a quiet residential block just off Olive Avenue, 230 S Buena Street is one of the only multifamily properties in this central Redlands neighborhood. The property consists of five units including two two-bedroom units, one one-bedroom unit, and two studios, one of which is oversized. It is currently operating at a 5.31% cap rate with a pro forma cap rate of 6.27%. One unit includes its own in-unit washer and dryer, while the remaining four share a common laundry room. The 10,920 square foot lot includes five garages, four assigned parking spaces in the rear, and additional open parking. Recent roof replacements and separate electric meters help reduce operating costs and improve efficiency. The location offers walkable proximity to Downtown Redlands, Prospect Park, and the A.K. Smiley Public Library, with easy access to the I-10 and 210 Freeways connecting to Riverside, San Bernardino, and surrounding job hubs.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 0.25 Acre Lot
Interior Spaces
- 3,396 Sq Ft Home
- 2-Story Property
Parking
- 8 Parking Spaces
- On-Street Parking
Community Details
- 2 Buildings
- 5 Units
Listing and Financial Details
- The owner pays for gas, water
- Assessor Parcel Number 0171-312-20-0000
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/15/2025 07/15/25 | For Sale | $1,225,000 | +75.0% | $361 / Sq Ft |
09/09/2016 09/09/16 | Sold | $700,000 | -1.4% | $175 / Sq Ft |
06/20/2016 06/20/16 | For Sale | $710,000 | +86.8% | $178 / Sq Ft |
09/18/2013 09/18/13 | Sold | $380,000 | -11.4% | $127 / Sq Ft |
09/11/2013 09/11/13 | Pending | -- | -- | -- |
08/06/2013 08/06/13 | For Sale | $429,000 | -- | $143 / Sq Ft |
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Source: The MLS
MLS Number: 25565809

APN: 0171-312-20
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