$599,000
$31K PRICE DROP
Total Views 13,459
3 Beds
2 Baths
1,536 Sq Ft
$390 Price per Sq Ft

Highlights

  • Fishing
  • Mountain View
  • No HOA
  • Redlands East Valley High School Rated A-
  • Corner Lot
  • Cooling System Mounted To A Wall/Window

About This Home

Fantastic opportunity to purchase a turnkey duplex within walking distance to University of Redlands and downtown. This rare investment opportunity offers a fully leased 2 units includes a spacious 2 bedroom, 1 bath downstairs and a generous 1 bedroom, 1 bath upstairs. Also includes a garage and a storage room, along with a shared laundry room including 2 washers and 2 dryers. The roof was replaced in 2016. Separate meters for electricity. The units are in great condition and the lot is fully landscaped. Fantastic long term tenants that would love to stay. This is an easy breezy long term investment.

Listing Agent

Daniel Gruner

THE ASSOCIATES REALTY GROUP Brokerage Phone: 951-775-5979 License #01805437 Listed on: 02/13/2026

THE ASSOCIATES REALTY GROUP

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1891

Lot Details

  • 5,652 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front Yard Sprinklers

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Entry on the 1st floor
  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 7 / 21
  • Assessor Parcel Number 0169086190000
  • $443 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Recreation

  • Fishing
  • Park
  • Dog Park
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $1,380
  • Insurance Expense $1,512
  • Water Sewer Expense $1,200
  • New Taxes Expense $8,400
  • Operating Expense $11,132
  • Gross Income $40,800
  • Net Operating Income $29,668

Property Details

Home Type

Multi-Family

Year Built

Built in 1891

Lot Details

5,652 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: 2 washers and 2 dryers
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1380.00
  • Parcel Number: 0169086190000
  • Year Built: 1891
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 410.09

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Heat Pump, Wall Furnace
  • Laundry Features: Individual Room, Community, Washer Included, Dryer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Biking, Dog Park, Fishing, Sidewalks, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front, Corner Lot
  • Lot Size Sq Ft: 5652.00
  • Lot Size Acres: 0.1298

Rental Info

  • Tenant Pays: Gas, Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 536 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Gross Income: 40800.00
  • Gross Operating Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1512.00
  • Lot Size Area: 5652.0000 Square Feet
  • Net Operating Income: 29668.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11132.00
  • Rent Control: No
  • Total Expenses: 11132.00

Tax Info

  • New Taxes Expense: 8400.00
  • Tax Block: 21
  • Tax Lot: 7
  • TaxOtherAnnualAssessmentAmount: 443.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $2,787 $220,512 $71,957 $148,555
2024 $2,605 $216,188 $70,546 $145,642
2023 $2,602 $211,949 $69,163 $142,786
2022 $2,565 $207,793 $67,807 $139,986
2021 $2,611 $203,718 $66,477 $137,241
2020 $2,573 $201,629 $65,795 $135,834
2019 $2,502 $197,676 $64,505 $133,171
2018 $2,441 $193,800 $63,240 $130,560
2017 $2,420 $190,000 $62,000 $128,000
2016 $1,050 $78,814 $17,463 $61,351
2015 $1,043 $77,630 $17,201 $60,429
2014 $1,025 $76,109 $16,864 $59,245
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2026 03/10/26 Price Changed $599,000 -4.9% $390 / Sq Ft
02/13/2026 02/13/26 For Sale $629,900 +231.5% $410 / Sq Ft
09/23/2016 09/23/16 Sold $190,000 -15.6% $151 / Sq Ft View Prior Sale
07/28/2016 07/28/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $225,000 -- $179 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Grant Deed $190,000 Lawyers Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,000 Purchase Money Mortgage
Previous Owner $214,500 New Conventional
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $100,000 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV26031319

California Regional Multiple Listing Service (CRMLS)

APN: 0169-086-19

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