1131 E Citrus Avenue, Redlands, CA 92374

About this fourplex

Welcome to 1131 E Citrus Avenue, a 4-unit Townhouse building located in the heart of Redlands. Offering a harmonious fusion of comfort and investment potential, this property presents an exciting opportunity for discerning investors and residents seeking a charming place to call home. Each of the four units boasts a spacious layout, with approximately 1000 square feet of living space. Designed with a focus on practicality and style, each unit features two bedrooms and two baths, offering ample space for comfortable living. All bedrooms are located upstairs with a half bath downstairs. Two of the units have undergone complete remodeling, showcasing modern fixtures, upgraded finishes, and contemporary aesthetics. These renovated units are sure to captivate potential tenants seeking a premium living experience. The remaining two units offer a blank canvas for personalization, presenting an opportunity for the new owner to add their touch and further enhance the property's value.Nestled in the charming city of Redlands, this property enjoys proximity to an array of conveniences and attractions. Residents will find themselves within easy reach of shopping centers, dining establishments, parks, and recreational facilities, catering to their diverse lifestyle needs.For savvy investors, this 4-unit apartment building holds significant potential for steady rental income and long-term appreciation. The combination of updated units, a Section 8 rental (guaranteed income), and the opportunity for further improvements positions this property as an excellent addition to any investment portfolio. Property has a separate laundry room ready for a coin operated washer and dryer that can bring in additional income.

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

Sale history

$1,242,500

Sold August 2023 · listed $998,000, on market August 2023 · MLS #CV23143858 · Source: CRMLS

Listing Agent: Edwin Perez · Listing Office: The R.R. Network · Contact: 714-600-3334 · Bought with: Rudy Ray Muniz · WORK REALTY ADVISORS

$610,000

Sold September 2018 · listed $619,999, on market July 2018 · MLS #TR18179032 · Source: CRMLS

Listing Agent: Luis Zapata · Listing Office: C-21 Masters · Contact: 909-595-6697 · Bought with: Luis Zapata · C-21 Masters

$250,000

Sold May 2012 · listed $240,000, orig. $200,000, on market July 2011 · MLS #T11097947 · Source: CRMLS

Listing Agent: Jene Green · Listing Office: Premier Realty and Mortgage · Contact: 951-676-0888 · Bought with: Jene Green · Premier Realty and Mortgage

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