Property · 2 recorded sales since 2012
Listing Agent: RAMEZ MALKI (DRE #01730768) · Listing Office: C & R PROPERTIES, INC · Contact: 888-949-0277 · Bought with: CHRISTOPHER DUMAYAS · NIJJAR REALTY INC. · MLS #CV15011840 · Source: CRMLS
Large 4 Plex in Redlands! 4,006 Square Foot Four Unit Building on a whopping 12,300 LOT with an excellent unit mix and great cash flow. An excellent investment opportunity with the LOW RATE environment. All units are in good condition. *** THIS WILL NOT LAST *** Each unit has a garage and an assigned carport and is separately metered for Gas and Electric. The building has a laundry room and a huge water heater that is only 2 years new. Community HOA covers landscaping and security. Unit A (lower level) is 3 bed/2bath with newer laminate flooring, newer blinds, a fireplace, tile in the kitchen and bathrooms and newer carpet and appliances (dishwasher, stove, garbage disposer). The unit has a newer fenced patio off of the kitchen and Central AC and Heat. Unit B is 2 bed/2bath with new laminate flooring (3 months old), carpeted bedrooms, newer blinds, (recently painted), stove, dishwasher, garbage disposer and a newer fenced patio. Unit C and D (both upper units) come with carpeted bedrooms, tiled kitchen and bathrooms, Central Air and (dishwashers, stoves, garbage disposers and Central AC/heat). Owner spared no expense in upgrading and maintaining the units. Units have solid income and a great return on investment.
Listing description from the March 2015 sale, as reported to CRMLS.