1208 Post Street,  Redlands CA, 92374 (Residential Income)

4,006 sqft
Status: Active
MLS#: OC16726289
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Last Updated: 12/4/2016 8:29 AM
Description for 1208 Post Street Redlands, CA 92374
Very hard to find 1981 built 4000 sqft 4plex in the heart of Redlands. Minutes from Redlands University, minutes from downtown Redlands as well as very easy access to the 10 freeway, this 4plex has prime location for future rental growth. With more logistics centers being built in the area, rental market is poised for further growth. Property has a excellent unit mix, 3 bed/2 bath, 2 bed/2 bath and several 2 bed/1bath units, as well as a laundry room, the building also has 8 assigned parking spots, 4 garages, and 4 carport spots. All units with Central Air and Heat. This property is a perfect addition for any real estate investor looking for a smoothly running machine with great long term growth, it is the best value of as performing GRM in this area. Market rents make Proforma Gross Annual Income to be projected for $54000 annually!
Price
$539,000
San Bernardino
4,006 (approx)
OC16726289
Active
Description
Very hard to find 1981 built 4000 sqft 4plex in the heart of Redlands. Minutes from Redlands University, minutes from downtown Redlands as well as very easy access to the 10 freeway, this 4plex has prime location for future rental growth. With more logistics centers being built in the area, rental market is poised for further growth. Property has a excellent unit mix, 3 bed/2 bath, 2 bed/2 bath and several 2 bed/1bath units, as well as a laundry room, the building also has 8 assigned parking spots, 4 garages, and 4 carport spots. All units with Central Air and Heat. This property is a perfect addition for any real estate investor looking for a smoothly running machine with great long term growth, it is the best value of as performing GRM in this area. Market rents make Proforma Gross Annual Income to be projected for $54000 annually!
Listing Information
Property Type: Cluster, 2 Story
0.27 Acres 1,200,100 sq.ft. 4,006 (approx)
$134.55 1981
Yes- 4 spaces 2
4 Total
Neighborhood
Room Information
Dryer Connection
Interior Features
Carpet and Other, Laminate
Central Air
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces, Covered, Garage
Shingle - Asbestos
None
No Pool
Sidewalks, Street Lights, Suburban, Storm drains
Driving Directions
Taking 10 East, exit Orange take a left, right turn on Brockton and left Turn on Post street
Financial Considerations
$360
0167263020000
$48,200 Income ,$13,264Expense
Listing Price History

Redlands Real Estate

Redlands is located in California. Redlands, California 92374 has a population of 69,078.

The median household income in Redlands, California 92374 is $66,901. The median household income for the surrounding county is $54,750 compared to the national median of $53,046. The median age of people living in Redlands 92374 is 35.7 years.

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Courtesy: Pacific Avenue Realty Prashant Sampat
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