
555 S Center St Redlands, CA 92373
South Redlands NeighborhoodHighlights
- Craftsman Architecture
- Wood Flooring
- Private Yard
- Cope Middle School Rated A-
- Corner Lot
- No HOA
About This Home
As of June 2025Investor Opportunity in Prime Redlands Location – Welcome To The Cornerstone on Center!
Positioned on a highly visible 8,400 sq ft corner lot along prestigious Center Street, this 3-bedroom, 2-bath single-family home presents a compelling opportunity for investors seeking value-add potential in one of Redlands’ most sought-after neighborhoods. Surrounded by beautifully preserved historic homes and located directly across from the iconic Gerrards Market, this 1,702 sq ft property offers unbeatable location with long-term upside.
The home includes an 80 sq ft basement, a 468 sq ft detached garage, and a charming 208 sq ft covered front porch—providing added utility and future potential. Its proximity to the Packing House District, Downtown Redlands, and the Arrow Rail commuter line makes it ideal for short-term rental strategies or long-term appreciation plays.
Redlands continues to show strong fundamentals: rising home values, low vacancy rates, and a robust local economy anchored by a median household income nearing $100K. Zoned for Redlands Unified School District and walkable to schools, shops, and transit, this property offers a strategic footprint in a high-demand market.
Sold as-is. Ideal for cash buyers or investors looking to renovate, reposition, or hold. With strong rental comps and increasing demand, The Cornerstone on Center is a rare acquisition opportunity in a city where inventory remains tight and appreciation trends are on the rise.
Last Agent to Sell the Property
REAL BROKERAGE TECHNOLOGIES Brokerage Phone: 951-741-8441 License #01803254 Listed on: 05/30/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,681
Year Built
- Built in 1941
Lot Details
- 8,400 Sq Ft Lot
- Wood Fence
- Corner Lot
- Level Lot
- Private Yard
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- Craftsman Architecture
- Fixer Upper
- Pre-Cast Concrete Construction
- Plaster
Interior Spaces
- 1,702 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Frame Window
- Living Room with Fireplace
- Dining Room
- Neighborhood Views
- Tile Countertops
- Laundry Room
- Finished Basement
Flooring
- Wood
- Concrete
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- Bathtub
- Walk-in Shower
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
- Outdoor Storage
Schools
- Kingsbury Elementary School
- Cope Middle School
Utilities
- Central Heating and Cooling System
- 220 Volts
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 4 / B
- Tax Tract Number 12
- Assessor Parcel Number 0173012030000
- $438 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Bike Trail
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in Redlands, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $550,000 | Wfg National Title Company | |
Grant Deed | -- | None Listed On Document |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $128,000 | Unknown |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/30/2025 06/30/25 | Sold | $550,000 | +4.0% | $323 / Sq Ft |
06/10/2025 06/10/25 | Pending | -- | -- | -- |
06/10/2025 06/10/25 | For Sale | $529,000 | -3.8% | $311 / Sq Ft |
06/06/2025 06/06/25 | Off Market | $550,000 | -- | -- |
05/30/2025 05/30/25 | For Sale | $529,000 | -- | $311 / Sq Ft |
Tax History Compared to Growth
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 | $2,681 | $228,850 | $69,351 | $159,499 |
2024 | $2,681 | $224,363 | $67,991 | $156,372 |
2023 | $2,594 | $219,964 | $66,658 | $153,306 |
2022 | $2,555 | $215,651 | $65,351 | $150,300 |
2021 | $2,600 | $211,423 | $64,070 | $147,353 |
2020 | $2,561 | $209,255 | $63,413 | $145,842 |
2019 | $2,488 | $205,152 | $62,170 | $142,982 |
2018 | $6,817 | $201,129 | $60,951 | $140,178 |
2017 | $6,755 | $197,185 | $59,756 | $137,429 |
2016 | $6,697 | $193,318 | $58,584 | $134,734 |
2015 | $6,688 | $190,414 | $57,704 | $132,710 |
2014 | $6,644 | $186,684 | $56,574 | $130,110 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Melissa Perez
REAL BROKERAGE TECHNOLOGIES
(951) 741-8441
7 in this area
79 Total Sales
-
Buyer's Agent in 2025
Michael Gutierrez
Signature R.E. And Financial
(909) 263-8630
1 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25118356

APN: 0173-012-03
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