Redlands, CA 92374,1131 E Citrus AVE
Redlands, CA 92374,1131 E Citrus AVE
Redlands, CA 92374,1131 E Citrus AVE
Redlands, CA 92374,1131 E Citrus AVE
Redlands, CA 92374,1131 E Citrus AVE
Redlands, CA 92374,1131 E Citrus AVE
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$1,242,500

$998,000

24.5%
Est.Price: ?

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Est. payment /mo

0.25 Acres Lot


SOLD DATE : 08/31/2023

Key Details

Sold Price $1,242,500

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV23143858

Sold Date 08/31/23

HOA Y/N No

Year Built 1964

Lot Size 0.252 Acres

Property Description

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.

Location

State CA

County San Bernardino

Area 268 - Redlands

Interior

Cooling None, Wall/Window Unit(s)

Fireplace No

Laundry Laundry Room

Exterior

Garage Assigned, Garage

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs

Parking Type Assigned, Garage

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 0170251500000

Acceptable Financing Cash, FHA, VA Loan

Listing Terms Cash, FHA, VA Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Edwin Perez • The R.R. Network
Bought with Rudy Ray Muniz • WORK REALTY ADVISORS
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6201 E Bayshore Walk, Beach, CA, 90804, USA

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