50 Price Street,  Redlands CA, 92373 (Residential Income)

3,838 sqft
Status: Sold
MLS#: PW15073469
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Last Updated: 12/6/2016 12:11 AM
Description for 50 Price Street Redlands, CA 92373
Excellent 4-plex apartment building opportunity in the Brookside Park development. Professionally managed association includes leasing & maintenance. On-site management open 7 days a week. Perfect for the "hands off" investor. The 3,838 sq.ft. apartment building has 4 separate units: One is a 3 bed, 2 bath carriage style upstairs unit w/2 car garage. One unit is a Townhouse style w/2 bed, 2 bath & 2 car attached garage. There is also a downstairs unit that is 1 bed, 1 bath & 1 car garage. The last is a carriage style upstairs unit w/2 bed, 2 bath & 1 car garage. There is also a community laundry rm. The community offers resort style living w/6 swimming pools, 3 Jacuzzis, tennis, basketball & volleyball courts as well as a playground. Monthly management fee includes insurance, water, trash, grounds keeping (Pools, Tennis-Courts, Spas included), landscaping, & leasing fees. Located close to public schools (Smiley El., Cope Middle, Redlands High), Loma Linda University Medical Center, the Veterans Hospital, University of Redlands, Esri & downtown Redlands. Great location w/quick access to the 10 freeway at Tennessee. All 4 units look good on the interior, one just renovated. All 4 garage doors have recently been upgraded with sectional doors. GSI = $56,614
Price
Sold Price:
$532,000
Sold Date:09/04/2015
San Bernardino
3,838 (approx)
PW15073469
Closed
Description
Excellent 4-plex apartment building opportunity in the Brookside Park development. Professionally managed association includes leasing & maintenance. On-site management open 7 days a week. Perfect for the "hands off" investor. The 3,838 sq.ft. apartment building has 4 separate units: One is a 3 bed, 2 bath carriage style upstairs unit w/2 car garage. One unit is a Townhouse style w/2 bed, 2 bath & 2 car attached garage. There is also a downstairs unit that is 1 bed, 1 bath & 1 car garage. The last is a carriage style upstairs unit w/2 bed, 2 bath & 1 car garage. There is also a community laundry rm. The community offers resort style living w/6 swimming pools, 3 Jacuzzis, tennis, basketball & volleyball courts as well as a playground. Monthly management fee includes insurance, water, trash, grounds keeping (Pools, Tennis-Courts, Spas included), landscaping, & leasing fees. Located close to public schools (Smiley El., Cope Middle, Redlands High), Loma Linda University Medical Center, the Veterans Hospital, University of Redlands, Esri & downtown Redlands. Great location w/quick access to the 10 freeway at Tennessee. All 4 units look good on the interior, one just renovated. All 4 garage doors have recently been upgraded with sectional doors. GSI = $56,614
Listing Information
Property Type: Cluster, 2 Story
0.23 Acres 10,010 sq.ft. 3,838 (approx)
$138.61 1979
Yes- 6 spaces 2
Stucco, Wood
Slab Foundation
Public Water Service
Sewer Connected
4 Total
Neighborhood
Room Information
Living Room
Hookups in Garage, Hookups in Laundry Room
Interior Features
Dishwasher, Gas Range/Cooktop, Carbon Monoxide Detector
Carpet Wall to Wall, Vinyl
Central Air
Forced Air
Alarm -Smoke/Fire,
Cathedral/vaulted Ceiling
Exterior / Lot Features
6 Garage Spaces, 6 Parking Spaces, No Parking, Assigned Parking Space
Wood, Stucco
Composition, Flat
Pool
Community Pool, In-ground, Gunite
In Ground, Community Spa, Gunite
Mountain
Wood, Block
Gutters, Sidewalks, Curbs Walk
Community Features
Community Spa, Community Pool, Community Tennis
Driving Directions
From the 10 freeway exit on Tennessee and head South, turn West/Right on Barton, then turn North/Right on Price. The property is down the street on the Right.
Financial Considerations
$1,340
0293201060000
$6,691
$56,614 Income ,$16,080Expense
Listing Price History

Redlands Real Estate

Redlands is located in California. Redlands, California 92373 has a population of 69,078.

The median household income in Redlands, California 92373 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 92373 is 35.7 years.

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Courtesy: First Team Real Estate Douglas Hamilton
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