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Sold for $1,650,000 · Jan 2023

SOLD

Listed at $2,800,000

Sold

1035 Parkford Drive, Redlands, CA 92374

Redlands, CA

MLS# EV22051687

Property
202 days on market

Listing Agent

KENNETH PATTERSON

Listing Agent

KELLER WILLIAMS REALTY

DRE #: 00774852

Brokerage: KELLER WILLIAMS REALTY

Property Details

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Bedrooms

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Bathrooms

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Square Feet

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Year Built

3.41 acres

Lot Size

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Price/Sq Ft

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Garage Spaces

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HOA

Property

Property Type

Description

Price just reduced....Great Opportunity to own a parcel of land on the 10 Frwy Off Ramp with long term ground lease in place. The Current Tenant has 76 years remaining on the lease. The Tenant built LA Fitness. You own the land with the Ground lease in place. Ideal purchase for long term investment in a Trust, REIT or Pension Fund. There are bumps in the rent built into the lease, every 5 years (see Rent schedule) and this is a NNN lease Tenants pay all cost associated with the property and Buildings the Tenant constructed on the parcels. The current rent per parcel annually is $69,742.00. Parcel 0174-143-07 is also being sold by the same seller and can be purchased together or separately.

Listing description from the January 2023 sale, as reported to CRMLS.

Sale history for 1035 Parkford Drive

2 recorded sales

$1,650,000
Sold January 2023 · listed $2,800,000, orig. $8,095,585, on market March 2022, 202 days on market · MLS #EV22051687 · Source: CRMLS
Listing Agent: KENNETH PATTERSON · Listing Office: KELLER WILLIAMS REALTY · Contact: 909-793-2100 · Bought with: KENNETH PATTERSON · KELLER WILLIAMS REALTY
$9,150,000
Sold November 2014 · listed $9,300,000, on market June 2014, 26 days on market · MLS #RW2141114 · Source: CRMLS
Listing Agent: Bradley Freeman · Listing Office: Harcourts & Freeman · Bought with: Out Of Area Agent · Out Of Area Office

How this sale compares

1035 Parkford Drive sold for $1,650,000 in January 2023, 41% under its $2,800,000 list price, after 202 days on the market. It was first listed at $8,095,585. Across 262 closed sales in 92374 over the last 12 months, the median sold price is $585,000 and the median is $354 per square foot.

$354
92374 median per sq ft (12 mo)
$585,000
92374 median sold price (12 mo)
262
Closed sales in 92374 (12 mo)
202
Days on market
−41%
Sold vs. list price
QuarterClosed sales in 92374Median sold price
Q1 202634$564,000
Q2 202697$590,000
Q3 2026101$590,000
Q4 202630$583,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Redlands · Homes for sale in 92374

Recent sales near 1035 Parkford Drive

Closed sales reported in 92374, nearest first, last 12 months. All recent sales in Redlands →

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CRMLS

MLS# EV22051687

Listed: 3/15/2022

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 1/3/2023. 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 deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: KELLER WILLIAMS REALTY

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.