521 Courier Avenue, Redlands, CA 92374
Fourplex · 2 recorded sales since 2018
Sold August 2024
Listing Agent: HELEN CHAN (DRE #01106869) · Listing Office: IRN REALTY · Contact: 626-632-3688 · Bought with: RYAN MCKEE · NEST REAL ESTATE · MLS #WS24095714 · Source: CRMLS
About this fourplex
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.
Listing description from the August 2024 sale, as reported to CRMLS.
Sale history
