
Redlands, California 92373
This Spacious Single-Family Residence represents a Prime Investment Opportunity, listed at $699,900—positioned well below the $717,595 Fair Market Value by 2%. This valuation gap provides $17,695 in Instant Equity. Featuring a Condition Rating of 3, the home offers a Granite Kitchen and RV Parking on a large 10,800 sqft lot with significant ADU Conversion Potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property in a prestigious South Redlands location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1000 Alvarado Street Subject 3 bd · 2 ba · 2,044 sqft · $351 | $699,900* List Price | 3 | 2 | 2,044 | $351 | - |
A 412 Phlox Court Sold 3 bd · 3 ba · 2,232 sqft · $327 · 0.6 mi | $730,000 | 3 | 3 | 2,232 | $327 | 0.6 mi |
B 940 Carob Sold 2 bd · 2 ba · 1,732 sqft · $390 · 0.7 mi | $675,000 | 2 | 2 | 1,732 | $390 | 0.7 mi |
C 625 Greenwood Court Sold 3 bd · 3 ba · 2,282 sqft · $355 · 0.9 mi | $810,000 | 3 | 3 | 2,282 | $355 | 0.9 mi |
D 1151 W Crescent Sold 3 bd · 2 ba · 2,136 sqft · $365 · 0.8 mi | $780,000 | 3 | 2 | 2,136 | $365 | 0.8 mi |
E 1235 Cedar Sold 3 bd · 2 ba · 1,816 sqft · $317 · 0.9 mi | $575,000 | 3 | 2 | 1,816 | $317 | 0.9 mi |
F 546 North Place Sold 4 bd · 2 ba · 1,782 sqft · $379 · 0.6 mi | $675,000 | 4 | 2 | 1,782 | $379 | 0.6 mi |
G 1370 Oak Street Sold 3 bd · 3 ba · 2,232 sqft · $392 · 1.0 mi | $875,000 | 3 | 3 | 2,232 | $392 | 1.0 mi |
H 419 Walnut Avenue Pending 3 bd · 2 ba · 1,535 sqft · $436 · 0.0 mi | $669,000 List Price | 3 | 2 | 1,535 | $436 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1950, the property features a kitchen and primary bathroom updated within the last 10-15 years with granite countertops and modern tile flooring. With new attic insulation and a well-maintained interior, the home is functional and move-in ready.
Situated in a highly coveted neighborhood near Prospect Park and Kimberly Crest, this corner-lot property offers exceptional prestige and walkability to local landmarks.
The expansive 10,800 sqft lot features dedicated RV parking with hookups and a garage suited for an ADU conversion, providing excellent opportunities for multigenerational living or rental income.
With over 2,000 square feet of living space including formal dining and family rooms, the home provides a generous layout rarely found at this price point in the immediate area.
While well-maintained, the home's 1950s 'vintage style' and the listing's invitation to remodel suggest that significant cosmetic or structural updates may be needed to meet contemporary standards.
For a residence of this square footage, a two-bathroom configuration may be considered a drawback for larger families or buyers seeking a more modern primary suite experience.
Welcome to this charming single-story home set in one of South Redlands’ most desirable neighborhoods, just around the corner from Prospect Park. Offered for only the 2ND TIME in OVER 75 Years! This Home has been lovingly maintained in a tasteful vintage style while offering thoughtful updates, including an Upgraded Kitchen with granite countertops, modern tile flooring, plus a newer stainless steel KitchenAid range/cooktop. The spacious floor plan includes a large formal dining room, a formal living room with a classic red brick fireplace, and a comfortable family room with French doors that open to the covered outdoor porch. Down the hall are three generously sized bedrooms and an updated bathroom with dual sinks and sliding glass shower doors. The attic has also been recently cleaned and upgraded with New Insulation.. The private backyard features a lush green lawn with plenty of room to relax, entertain, garden, or make it your own. A gated area beside the garage was previously used for RV parking and already includes RV hookups. A distinctive breezeway connects the main house to the garage, adding to the home’s character and charm. The spacious garage also offers future potential for an ADU conversion, creating an opportunity for multigenerational living, an in-law suite, or additional flexible space, subject to buyer verification and local requirements. Move in and enjoy the home as-is, or take advantage of the opportunity to remodel and create your dream home in an incredible South Redlands location. With over 2,000 square feet, a large corner-lot setting, and a price point around $699k, this is a rare opportunity in the area. Just a short walk to Kimberly Crest House & Gardens and minutes from Downtown Redlands, local shopping, dining, and neighborhood favorites, the location makes it easy to enjoy some of the best Redlands has to offer. Don’t miss the opportunity to make this special home your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 2.6 |
| Square foot | 2,044 | 1,784.033 |
| Lot Size | 10,800 | 8,391.033 |
| Price | $699.9K | $673.7K |
| Price per sq ft | $342 | $379 |
| Built year | 1950 | 1981 |
| HOA | $0 | $142 |
| Days on market | 16 | 57 |
Oct 8, 2026
$699,900
Initial Listing
Feb 25, 2020
$170,000
Public Record