Seller's Agent in 2013
Kim Suman
Corcoran Group of California Inc.
(909) 714-7916
6 Total Sales
626 W Olive Ave Redlands, CA 92373
South Redlands Neighborhood
--
Bed
--
Bath
--
Sq Ft
1.49
Acres
Highlights
- All Bedrooms Downstairs
- 1.49 Acre Lot
- Corner Lot
- Cope Middle School Rated A-
- Wood Flooring
- Private Yard
About This Home
As of January 2013Price Reduction!!! Seller Motivated!!! Once-in-a-life-time opportunity to acquire seventeen classic units on three lots (approx 1.4 acres) in the heart of historic south-side Redlands - includes all the buildings from Center to Michigan on W. Olive (610-634 W. Olive; 127 Center & 132 Michigan. APN 171-231-27,30 & 31). Buildings with names are the original names from when, at the turn of the last century these were “Winter Bungalows”. Each building is unique. Some more contemporary (built more recently). Most from turn of the last century, with: Fireplaces, hardwood floors; formal dining rooms; roll-under beds (that are desks when rolled in); built-in hutches; large closets; sun porches; patios and front porches. Some with original ceiling treatments, ice boxes and well preserved hexagonal floor tile. Once-upon-a-time guest enjoyed the mild Redland’s winters while lawn bowling on the broad green lawns. Carport were likely for horse drawn carriages. Rents are ridiculously low for such a quality and unique place to live. Absolutely do not disturb tenants. Drive by only. Call listing office for complete package and detailed unit descriptions. (One studio probably not legal. Expenses are estimated).
Last Agent to Sell the Property
Corcoran Group of California Inc. License #01437996 Listed on: 11/01/2012
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 1.49 Acre Lot
- Landscaped
- Corner Lot
- Rectangular Lot
- Level Lot
- Private Yard
- Lawn
- Front Yard
Home Design
- Bungalow
- Composition Roof
Interior Spaces
- All Bedrooms Down
- Living Room with Fireplace
- Laundry Room
Flooring
- Wood
- Tile
Parking
- 22 Parking Spaces
- 14 Carport Spaces
- Parking Available
- Unassigned Parking
Outdoor Features
- Exterior Lighting
- Outdoor Storage
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
Listing and Financial Details
- Tax Lot 6, 7
- Tax Tract Number 82
- Assessor Parcel Number 0171231310000
Community Details
Overview
- No Home Owners Association
- 10 Buildings
- 17 Units
Amenities
- Laundry Facilities
Building Details
- 17 Leased Units
- 17 Separate Electric Meters
- 17 Separate Gas Meters
- 3 Separate Water Meters
- Electric Expense $1
- Insurance Expense $1
- Maintenance Expense $1
- Professional Management Expense $1
- Trash Expense $1
- Water Sewer Expense $1
- New Taxes Expense $1
- Gross Income $17,270
- Net Operating Income $145,068
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2013 01/31/13 | Sold | $1,300,000 | -33.3% | -- |
| 01/05/2013 01/05/13 | Pending | -- | -- | -- |
| 08/24/2012 08/24/12 | For Sale | $1,950,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Kim Suman
-
Daniel Corcoran
D
Buyer's Agent in 2013
Daniel Corcoran
Corcoran Group of California Inc.
(310) 435-9106
24 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: E12106562
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