120 W Olive Avenue, Redlands, CA 92373

Local realty services provided by:ERA Excel Realty
120 W Olive Avenue,Redlands, CA 92373
$1,299,000
  • - Beds
  • - Baths
  • 3,080 sq. ft.
  • Multi-family
  • Active
Listed by: prashant sampat
Office: pacific avenue realty
MLS#:OC24245058
Source:CRMLS

Price summary

  • Price:$1,299,000
  • Price per sq. ft.:$421.75

About this home

Charming five-unit apartment building in the highly desirable South Redlands area, offering an excellent investment opportunity with strong cash flow and low expenses. This fully-occupied property features a versatile mix of units, including one spacious 2-bedroom, 2-bathroom unit, two comfortable 1-bedroom, 1-bathroom units, and two cozy studio apartments. Each unit is separately metered for electricity and gas, enhancing efficiency for both owners and tenants. The property exudes curb appeal, with a manicured green lawn out front that creates an inviting atmosphere for residents and visitors alike. Inside, each unit enjoys a combination of tile, vinyl, and/or real hardwood flooring. Additionally, an array of private balconies and patios provide residents with peaceful outdoor spaces to enjoy. Situated within walking distance of downtown Redlands, tenants can easily access a variety of shopping, dining, and entertainment options, all just steps away. The prime location, steady

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Home facts

  • Year built:1940
  • Listing ID #:OC24245058
  • Added:310 day(s) ago
  • Updated:November 20, 2025 at 02:18 PM

Rooms and interior

  • Living area:3,080 sq. ft.

Structure and exterior

  • Year built:1940
  • Building area:3,080 sq. ft.
  • Lot area:0.19 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,299,000
  • Price per sq. ft.:$421.75
Based on information from California Regional Multiple Listing Service, Inc. as of November 20, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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