
Redlands, California 92374
This Dual-Unit Residential Asset represents a High-Potential Investment Opportunity, listed at a List Price of $598,000—positioned slightly above the $588,248 Fair Market Value. Despite the premium, the property offers significant utility through its detached studio unit and modern interior finishes, including quartz countertops and updated flooring. With a Condition Rating of 2, the home is move-in ready, minimizing immediate capital expenditure. Its prime location near the University of Redlands and downtown transit makes it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1018 6th Subject 4 bd · 3 ba · 1,292 sqft · $455 | $598,000* List Price | 4 | 3 | 1,292 | $455 | - |
A 1105 Orange Street Sold 3 bd · 1 ba · 1,000 sqft · $547 · 0.2 mi | $547,000 | 3 | 1 | 1,000 | $547 | 0.2 mi |
B 1112 Devon Sold 4 bd · 2 ba · 1,116 sqft · $429 · 0.5 mi | $479,000 | 4 | 2 | 1,116 | $429 | 0.5 mi |
C 1625 Jason Court Sold 4 bd · 2 ba · 1,308 sqft · $440 · 0.9 mi | $575,000 | 4 | 2 | 1,308 | $440 | 0.9 mi |
D 903 Webster Sold 4 bd · 3 ba · 1,008 sqft · $561 · 0.4 mi | $565,000 | 4 | 3 | 1,008 | $561 | 0.4 mi |
E 323 E Colton Sold 3 bd · 2 ba · 1,536 sqft · $381 · 0.2 mi | $585,000 | 3 | 2 | 1,536 | $381 | 0.2 mi |
F 1333 Hunter Sold 3 bd · 2 ba · 1,040 sqft · $568 · 0.6 mi | $591,000 | 3 | 2 | 1,040 | $568 | 0.6 mi |
G 1632 Glover Sold 4 bd · 2 ba · 1,308 sqft · $440 · 0.9 mi | $575,000 | 4 | 2 | 1,308 | $440 | 0.9 mi |
H 1107 Orange Pending 3 bd · 1 ba · 1,317 sqft · $437 · 0.2 mi | $575,000 List Price | 3 | 1 | 1,317 | $437 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1900 build date, the property has undergone a comprehensive recent renovation (likely <5 years) featuring modern quartz countertops, white shaker cabinets, and updated laminate/vinyl flooring. Bathrooms are modernized with contemporary tile surrounds, and the inclusion of mini-split AC systems indicates updated mechanicals, making it move-in ready with no immediate maintenance required.
The property features two detached dwellings on a single lot, including a 3-bedroom main house and a separate studio, providing a rare opportunity for rental income or multi-generational living.
Boasting exceptional walkability, the home is steps away from Downtown Redlands, the University of Redlands, and the new Metro link, ensuring high desirability and convenience.
Both units have been tastefully updated with quartz countertops, contemporary cabinetry, and durable flooring, offering a move-in-ready aesthetic that reduces immediate renovation costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1292, other record living area = 1050. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Originally constructed in 1900, the property may require ongoing maintenance or specialized inspections to address aging structural, electrical, and plumbing systems typical of century-old homes.
With a total of 1,292 square feet divided between two separate dwellings, the individual living spaces and bedrooms are likely smaller than modern standard residential configurations.
Great opportunity for first time buyers or investors in the heart of Redlands with not just one, but two detached homes, making it a dream come true. The front house has 3 generously-sized bedrooms and 2 bathrooms, laminated flooring, tastefully updated quartz countertops and pristine white cabinets that define the kitchen space. Additionally, the property features a charming studio unit in the rear, offering unparalleled privacy and a host of modern amenities with vinyl flooring, exquisite quartz countertops. Studio has a kitchen and full bathroom with a mini split AC. Parking space inside and a private backyard area. This property is within walking distance to Downtown Redlands, Redlands Bowl, the new Redlands Metro link, and the vibrant Packing House District. Furthermore, it's conveniently situated near the esteemed University of Redlands and Citrus Plaza, making it an ideal choice for students and professionals alike, walking distance to local Trader Joe's grocery store. Exquisite dining options, trendy new restaurants, and great opportunity to invest in a property that combines modern elegance, unparalleled convenience, and potential for substantial returns. Your future in the heart of Redlands awaits! ***ALL INFORMATION DEEMED TO BE RELIABLE BUT NOT GUARANTEED, BUYER AND BUYERS AGENT TO DO THEIR OWN DUE DILIGENCE***
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 2.6 |
| Square foot | 1,292 | 1,784.033 |
| Lot Size | 6,419 | 8,391.033 |
| Price | $598.0K | $673.7K |
| Price per sq ft | $463 | $379 |
| Built year | 1900 | 1981 |
| HOA | $0 | $142 |
| Days on market | 9 | 57 |
Oct 15, 2026
$598,000
Initial Listing
Jun 4, 2024
$583,000
Public Record
Jun 3, 2021
$495,000
Public Record
Jan 5, 2021
$308,000
Public Record
Dec 29, 2020
$303,000
Public Record
Mar 5, 2014
$153,500
Public Record
Nov 20, 2006
$250,000
Public Record