521 Courier Avenue Redlands, CA $ 1,150,000
521 Courier Avenue
$ 1,150,000
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521 Courier Avenue

Redlands, CA, 92374
$ 1,150,000
Bedrooms3 Baths2.0 Sq 4,006

Monthly Estimate*

$ 7,643

Listed by IRN REALTY
521 Courier Avenue, Redlands, CA 92374 - Image 1
521 Courier Avenue, Redlands, CA 92374 - Image 2
521 Courier Avenue, Redlands, CA 92374 - Image 3
521 Courier Avenue, Redlands, CA 92374 - Image 4
521 Courier Avenue, Redlands, CA 92374 - Image 5
521 Courier Avenue, Redlands, CA 92374 - Image 6
521 Courier Avenue, Redlands, CA 92374 - Image 7
521 Courier Avenue, Redlands, CA 92374 - Image 8
521 Courier Avenue, Redlands, CA 92374 - Image 9
521 Courier Avenue, Redlands, CA 92374 - Image 10
521 Courier Avenue, Redlands, CA 92374 - Image 11
521 Courier Avenue, Redlands, CA 92374 - Image 12
521 Courier Avenue, Redlands, CA 92374 - Image 13

Multi-Family Home for sale in Redlands, CA

for $1,150,000 with 3 bedrooms and 2 full baths. This 4,006 square foot home was built in 1985 on a lot size of 0.278.

Welcome to the heart of Redlands! Generate income from 4 properties in a desirable neighborhood with a steady rental income stream. The property is conveniently located close to public transportation, highways, restaurants, schools, shopping centers, parks and major transportation routes. Residents will have easy access to all amenities. Building Features: 1 unit is a three bedroom, 2 bath & a fireplaces in living room. 2 units are two-bedroom 2 bath. another 1 unit is a one-bedroom, one-bath. The rent is below market due to long-term tenants. Each unit has excellent surface planting, providing additional rental income potential for future growth. Monthly HOA dues are $684. The HOA pays for dumpsters and normal gardening, conducts regular security patrols, and sets aside reserves to maintain the asphalt behind all buildings to provide a professionally maintained appearance. Each unit has individual electric and gas meters. All 4 units have their own garages, plus 3 covered parking spaces and 2 open parking spaces. Separate gas & electric meter in each unit tenant pays themself. Owner pays water, exterior electric and hot water tank gas bill.

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Multi-Family Active

Price

$ 1,150,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.278

Year Built

1985

Town/City

Redlands

County/Region

San Bernardino

MLS | Web ID

WS24095714

Days on Market

26

Features
General
Sewer PublicSewer Unknown
Heating SeeRemarks
Cooling SeeRemarks
Utilities ElectricityConnected NaturalGasConnected WaterConnected
Possession CloseOfEscrow
Roof Composition
Appliances GasWaterHeater
Garage Spaces 4.0
Architectural Style Other
Pool Features None
Construction Materials Stucco
Year Built 1985
Electric Standard
Tenant Pays SeeRemarks
View None
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 0.0
Community Features Sidewalks
Accessibility Parking
County San Bernardino
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
Association Amenities MaintenanceFrontYard
HOA / Comm Assn Y
Attached Garage N
Contingency This sale is subject to seller's 1031 exchange at no cost to buyer. Seller reserves all services.
Facing Direction South
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions E/ORANGE S/LUGONIA
City Redlands
Disclosures HOADisclosure
Entry Location front door
View Y/N N
Senior Community Y/N N
Open Parking Spaces 2.0
NumberOfUnitsTotal 4
MLS Area 268 - Redlands
Lot Size Units SquareFeet
Lot Size Square Feet 12111.0
Private Pool N
Waterfront Y/N N
Carport Spaces 3.0
Carport Y/N Y
Number of Units Leased 4
Street Name Courier
Listing Terms Item1031Exchange
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Current Financing None
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 20
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 5
Total Actual Rent 6360.0
Property Sub Type Additional Quadruplex
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Interior
Flooring SeeRemarks
Fireplace Features SeeRemarks
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds
Fireplace Y/N Y
Street Suffix Avenue
Laundry Features SeeRemarks
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing None
Parking Features DetachedCarport Garage GarageFacesRear
Lot Features Landscaped
Water Source Public
Total Parking 9.0
Lot Size Area 12111.0
Foundation Details SeeRemarks
Number of Buildings 1
Spa N
Building Area Total 4006.0
Lot Size Acres 0.278
Road Surface Type Paved
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 521
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* Excluded Features
List By
Irn Realty

Broker

(626) 632-3688

Phone

Affordability Calculator

$7,643
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,643
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/1/2024$1,150,000 -2.54% Price Down
5/12/2024$1,180,000 Listed Price

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521 Courier Avenue, Redlands, CA, 92374 is a Multi-Family Home for sale at $1,150,000 with 4,006 sqft and a lot size of 0.278. 521 Courier Avenue has 3 bedrooms, 2.0 baths, and was built in 1985. The property's zip code is 92374 which is in Redlands, CA