1140 Oxford Drive, Redlands, CA 92374
Local realty services provided by:ERA North Orange County Real Estate
Listed by: joe marroquin
Office: realty masters & associates951-384-6600
MLS#:IG26177530
Source:CRMLS
Price summary
- Price:$1,175,000
- Price per sq. ft.:$293.31
- Monthly HOA dues:$718
About this home
Excellent investment opportunity in the heart Redlands! This well-maintained quadruplex features four separate units, including two spacious 3-bedroom, units and two spacious 2-bedroom units, offering a desirable mix of floor plans. The property has recently been updated with a new roof, new exterior paint, and new PEX plumbing throughout, providing several important improvements for the next owner.
Each unit has its own garage and covered carport, providing residents with convenient covered parking, along with additional off-street parking. A centrally located community laundry room adds another convenience for tenants.
Excellent value-add opportunity with four spacious units and current gross rental income of $81,288 annually. Actual NOI is $48,358. Current rents offer approximately $2,200 per month in potential upside, providing investors an opportunity to increase income through future rent growth.
The property is ideally located with easy access to Downtown Redlands for shopping, dining, and entertainment, along with convenient freeway access and close proximity to the University of Redlands. With four separate units, recent improvements, ample parking, and a desirable location, this property presents an excellent opportunity for an investor looking to add a multifamily property to their portfolio....
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Home facts
- Year built:1985
- Listing ID #:IG26177530
- Added:1 day(s) ago
- Updated:August 15, 2026 at 12:29 AM
Rooms and interior
- Flooring:Carpet, Laminate, Tile
- Kitchen Description:Dishwasher, Gas Range
- Living area:4,006 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1985
- Building area:4,006 sq. ft.
- Lot area:0.28 Acres
- Lot Features:Near Public Transportatn, Sprinkler System
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,175,000
- Price per sq. ft.:$293.31
Features and amenities
- Appliances:Dishwasher, Disposal, Gas Range, Water Heater
- Laundry features:Common Area
- Amenities:Maintenance Grounds, Utilities
Parking
- Total parking spaces:12
- Parking description:4 Carport Space(s), Assigned, Carport, Garage, One Space
- Garage:Yes
- Garage spaces:4
- Carport spaces:4
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