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120 W Olive Avenue, Redlands, CA 92373

Property · 2 recorded sales since 2017

120 W Olive Avenue, Redlands, CA 92373 Sold February 2026 CRMLS
$1,200,000Sold February 2026

Listing Agent: Prashant Sampat (DRE #01916221) · Listing Office: Pacific Avenue Realty · Contact: 562-841-0227 · Bought with: Prashant Sampat · Pacific Avenue Realty · MLS #OC24245058 · Source: CRMLS

8,400 sqft
Lot Size
1940
Year Built
Property
Type
0
Garage

About this property

Charming five-unit apartment building in the highly desirable South Redlands area, offering an excellent investment opportunity with strong cash flow and low expenses. This fully-occupied property features a versatile mix of units, including one spacious 2-bedroom, 2-bathroom unit, two comfortable 1-bedroom, 1-bathroom units, and two cozy studio apartments. Each unit is separately metered for electricity and gas, enhancing efficiency for both owners and tenants. The property exudes curb appeal, with a manicured green lawn out front that creates an inviting atmosphere for residents and visitors alike. Inside, each unit enjoys a combination of tile, vinyl, and/or real hardwood flooring. Additionally, an array of private balconies and patios provide residents with peaceful outdoor spaces to enjoy. Situated within walking distance of downtown Redlands, tenants can easily access a variety of shopping, dining, and entertainment options, all just steps away. The prime location, steady occupancy, and diverse unit mix make this property a rare find and a smart addition to any investor's portfolio. Don’t miss out on this exceptional opportunity- schedule a viewing today!

Listing description from the February 2026 sale, as reported to CRMLS.

Sale history

$1,200,000
Sold February 2026 · listed $1,299,000, orig. $1,350,000, on market January 2025 · MLS #OC24245058 · Source: CRMLS
Listing Agent: Prashant Sampat · Listing Office: Pacific Avenue Realty · Contact: 562-841-0227 · Bought with: Prashant Sampat · Pacific Avenue Realty
$550,000
Sold January 2017 · listed $590,000, on market January 2017 · MLS #CV17012682 · Source: CRMLS
Listing Agent: DORANCE CREIGHTON · Listing Office: DORANCE CREIGHTON JR · Contact: 909-265-3532 · Bought with: Prashant Sampat · Pacific Avenue Realty
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