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:33 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

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
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 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.