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$ 1,375,000
Est. payment | /mo
6 Beds
7 Baths
4,517 SqFt
$ 1,375,000
Est. payment | /mo
6 Beds
7 Baths
4,517 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,517 sqft
Price per Sqft $304
MLS Listing ID 25607105
Bedrooms 6
HOA Y/N No
Year Built 1930
Lot Size 9,361 Sqft
Property Description
Positioned on prestigious Fern Avenue within the highly sought-after Smiley Heights Historic District, this seven-unit multifamily property represents a rare investment opportunity in one of Redlands' premier locations. The asset benefits from close proximity to Downtown Redlands, the University of Redlands, and ESRI's global headquarters, which drives consistent rental demand and long-term tenant stability. Situated on an expansive 9,300+ square foot lot, the property features four private garages and additional open parking, providing ample on-site convenience for residents. The generous lot size also offers excellent potential for future Accessory Dwelling Unit (ADU) development, creating a clear path for increased income and long-term value appreciation. Residents enjoy a prime South Redlands setting known for its mature tree-lined streets, historic architecture, and convenient access to everyday amenities. The neighborhood offers top-rated schools, scenic parks, shopping and dining destinations, fitness centers, and easy connectivity to I-10 and the San Bernardino International Airport, located just seven miles away. This property presents investors with an exceptional opportunity to acquire a well-located, income-producing asset with significant value-add potential in one of the most desirable submarkets of Redlands.
Location
State CA
County San Bernardino
Area 268 - Redlands
Zoning R3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Private, One Space, Uncovered
Garage Spaces 4.0
Garage Description 4.0
View Y/N Yes
Total Parking Spaces 8
Building
Story 2
Entry Level Two
Architectural Style Craftsman
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 0173033050000
Special Listing Condition Standard
Listed by Jesse Stamps Keller Williams Beverly Hills
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Escrow Joe
Realtor® | Lic# 01332311