211 E Olive Avenue, Redlands, CA 92373
Local realty services provided by:ERA Donahoe Realty
211 E Olive Avenue,Redlands, CA 92373
$1,550,000
- - Beds
- - Baths
- 22,277 sq. ft.
- Multi-family
- Active
Listed by: oscar diaz
Office: marcus & millichap310-909-5500
MLS#:26661985
Source:CRMLS
Price summary
- Price:$1,550,000
- Price per sq. ft.:$69.58
About this home
211 Olive Residences Ready-To-Issue Multifamily Development Site | 15 Units | Downtown Redlands, CA 92373. Offered at $1,550,000. This is a fully entitled development opportunity in the heart of Downtown Redlands. The entitlement work is complete. The project consists of 15 market-rate residential units across two structures totaling 22,277 square feet. Eleven apartments occupy a three-story main building. Four ADUs occupy a separate detached structure. The unit mix is (3) one-bedroom one-bath, (7) two-bedroom one-bath, and (1) three-bedroom two-bath in the main building. The four ADUs consist of (2) two-bedroom two-bath units up to 1,150 square feet located on the north portion of the parking garage and (2) two-bedroom two-bath units up to 950 square feet in the detached stacked structure. Plans were designed by Gary Miller, AIA of Miller Architectural Corporation. All design disciplines are fully coordinated and approved. Architectural, structural, civil, mechanical, electrical, plumbing, fire, life safety, and landscape. The site is 0.39 acres and carries an AB 2097 parking exemption due to its proximity to the Redlands Arrow Metrolink station. On-site parking is provided. Downtown Redlands is a proven submarket. The University of Redlands drives consistent rental demand. Orange Street Alley and State Street anchor a walkable retail and dining corridor. The Arrow Line connects residents to the broader Metrolink network. Fully entitled multifamily sites in Downtown Redlands rarely come to market. This submarket offers immediate access to a thriving retail and dining corridor, the University of Redlands, the Arrow Metrolink Line, and an established base of national and local tenants that continue to drive foot traffic and rental demand throughout the area....
Contact an agent
Home facts
- Listing ID #:26661985
- Added:203 day(s) ago
- Updated:September 28, 2026 at 12:21 PM
Rooms and interior
- Living area:22,277 sq. ft.
Structure and exterior
- Building area:22,277 sq. ft.
- Lot area:0.39 Acres
Finances and disclosures
- Price:$1,550,000
- Price per sq. ft.:$69.58
New listings near 211 E Olive Avenue
- Coming Soon
$1,850,000Coming Soon6 beds 6 baths5,684 sq. ft.1377 Knoll Road, Redlands, CA 92373
MLS# OC26203911Listed by: SERHANT CALIFORNIA, INC - New
$459,900Active2 beds 3 baths1,122 sq. ft.1555 Orange #1205, Redlands, CA 92373
MLS# IG26211551Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY - New
$1,860,000Active7 beds 3 baths3,230 sq. ft.30001 San Timoteo Canyon, Redlands, CA 92373
MLS# PW26210671Listed by: REALTY ONE GROUP WEST - New
$210,000Active4 beds 2 baths1,848 sq. ft.1721 E Colton #94, Redlands, CA 92374
MLS# IG26210145Listed by: REALTY ONE GROUP ROADS - New
$409,000Active3 beds 2 baths900 sq. ft.225 E Western, Redlands, CA 92374
MLS# IG26208901Listed by: CENTURY 21 LOIS LAUER REALTY - New
$759,000Active4 beds 3 baths2,676 sq. ft.783 Railway Lane, Redlands, CA 92374
MLS# IV26199737Listed by: TRI POINTE HOMES HOLDINGS, INC. - New
$805,000Active3 beds 3 baths2,213 sq. ft.1020 La Cresta, Redlands, CA 92373
MLS# IG26208733Listed by: RE/MAX ADVANTAGE - New
$629,000Active3 beds 1 baths1,563 sq. ft.618 Cypress Circle, Redlands, CA 92373
MLS# IG26207269Listed by: COLDWELL BANKER KIVETT-TEETERS - New
$649,999Active3 beds 3 baths1,808 sq. ft.1750 Sunnypark, Redlands, CA 92374
MLS# SW26206504Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$285,000Active2 beds 2 baths1,440 sq. ft.1448 Village, Redlands, CA 92374
MLS# OC26206708Listed by: LPT REALTY, INC