K
Seller's Agent in 2023
Kim Scott
Kurt W. Tiedt
(951) 837-8212
2 in this area
7 Total Sales
501 Courier Ave Unit A-D Redlands, CA 92374
North Redlands NeighborhoodEstimated Value: $978,000 - $1,168,000
9
Beds
8
Baths
4,006
Sq Ft
$270/Sq Ft
Est. Value
Highlights
- Central Heating and Cooling System
- Citrus Valley High School Rated A
- Front Yard
About This Home
As of March 2023Great opportunity to own a 4-Plex with long-term tenants, good cash-flow and room to increase rents. The property consists of 4 spacious units, (1) 3-bedoomr/2-bath and (3) 2-bedroom/2-bath. Central location in Redlands, very close to University of Redlands and downtown. Each unit comes with a 1-car garage for the tenants convenience. There is also on-site laundry room that represents an additional revenue stream for the owner.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1981
Lot Details
- 12,180 Sq Ft Lot
- Two or More Common Walls
- Front Yard
HOA Fees
- $570 Monthly HOA Fees
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Planned Development
Interior Spaces
- 4,006 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 8 Bathrooms
Laundry
- Laundry in unit
- Leased Washer and Dryer
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 32
- Tax Tract Number 10141
- Assessor Parcel Number 0167264070000
Community Details
Overview
- 4 Units
- Mountain View Association
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $409
- Fuel Expense $2,654
- Pest Control $600
- Professional Management Expense $1,266
- Water Sewer Expense $3,169
- Operating Expense $7,498
- Gross Income $1,126
- Net Operating Income $16,397
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Home Values in the Area
Average Home Value in this Area
Property History
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 |
|---|---|---|---|---|
| 04/03/2023 04/03/23 | For Sale | $1,000,000 | +3.9% | $250 / Sq Ft |
| 03/23/2023 03/23/23 | Sold | $962,500 | -- | $240 / Sq Ft |
| 03/07/2023 03/07/23 | Pending | -- | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Agents Affiliated with this Home
-
Kim Scott
-
Cristian Camargo
Buyer's Agent in 2023
Cristian Camargo
Realty ONE Group Homelink
(909) 953-8300
3 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG23016338
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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