230 S Buena Vista Street, Redlands, CA 92373
Local realty services provided by:ERA Excel Realty
230 S Buena Vista Street,Redlands, CA 92373
$1,225,000
- - Beds
- - Baths
- 3,396 sq. ft.
- Multi-family
- Active
Listed by:oscar diaz
Office:marcus & millichap
MLS#:25565809
Source:CRMLS
Price summary
- Price:$1,225,000
- Price per sq. ft.:$360.72
About this home
Rare Redlands 5-Unit Surrounded by Single Family Homes. Located on a quiet residential block just off Olive Avenue, 230 S Buena Street is one of the only multifamily properties in this central Redlands neighborhood. The property consists of five units including two two-bedroom units, one one-bedroom unit, and two studios, one of which is oversized. It is currently operating at a 5.31% cap rate with a pro forma cap rate of 6.27%. One unit includes its own in-unit washer and dryer, while the remaining four share a common laundry room. The 10,920 square foot lot includes five garages, four assigned parking spaces in the rear, and additional open parking. Recent roof replacements and separate electric meters help reduce operating costs and improve efficiency. The location offers walkable proximity to Downtown Redlands, Prospect Park, and the A.K. Smiley Public Library, with easy access to the I-10 and 210 Freeways connecting to Riverside, San Bernardino, and surrounding job hubs.
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Home facts
- Year built:1910
- Listing ID #:25565809
- Added:77 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Living area:3,396 sq. ft.
Structure and exterior
- Year built:1910
- Building area:3,396 sq. ft.
- Lot area:0.25 Acres
Finances and disclosures
- Price:$1,225,000
- Price per sq. ft.:$360.72
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