
Redlands, California 92373
This Value-Add Residential Asset presents a High-Potential Investment Opportunity with a List Price of $465,000, aligning closely with its $461,945 Fair Market Value. Currently assigned a Condition Rating of 5, the property requires a comprehensive renovation to modernize its 1952 finishes and unlock significant forced appreciation. The expansive 7,200-square-foot lot and prime location near Loma Linda University Medical Center provide a strong foundation for long-term equity growth. This acquisition is perfectly suited for Fix-and-Flip Investors or Buy-and-Hold Investors seeking a high-demand asset in a premier medical district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10655 Mountain View Subject | $465,000* List Price | 3 | 1 | 1,079 | $428 | - |
A 10654 Amapolas Street Sold | $472,000 | 2 | 1 | 845 | $559 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952, this property requires substantial rehabilitation. The kitchen and bathroom are extremely outdated with decades-old cabinetry, tiling, and fixtures. Interior finishes, including heavily soiled green carpeting and aged linoleum, show significant wear and tear, and the listing description explicitly notes the need for 'TLC' and a buyer's vision to make it livable by modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1079.
Situated just minutes from Loma Linda University Medical Center and the VA Hospital, this property is ideally positioned for medical professionals, students, and staff.
The generous 7,200-square-foot lot includes mature fruit trees and offers significant potential for gardening, entertaining, or future outdoor improvements.
The property is noted to need 'TLC' and updating throughout, which will require an immediate additional capital investment from the buyer.
With three bedrooms but only one bathroom, the home's layout may be less functional for modern families and could limit its competitive edge in the resale market.
Located in the highly desirable city of Redlands, this home offers an incredible opportunity to own property in one of the area's most sought-after neighborhoods. Just minutes from the renowned Loma Linda University Medical Center and the Loma Linda VA Hospital, the location is ideal for medical professionals, students, and anyone looking to live close to these major institutions. Commuters will appreciate the quick and convenient access to the 10 Freeway, making travel throughout the Inland Empire and beyond simple and efficient. The property sits in a well-established neighborhood known for its charm and community feel. The home features a spacious yard with several mature fruit trees, offering a wonderful outdoor space for gardening, relaxing, or entertaining. While the home does need some TLC, it presents a fantastic opportunity for buyers to bring their vision and make it their own. With a little updating and care, this property has the potential to truly shine. Whether you're looking for a primary residence, an investment property, or a project to customize, this home offers great bones, a prime location, and plenty of potential. Don't miss the chance to create your dream home in beautiful Redlands.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 1,079 | 2,041 | 9% |
| Lot Size | 7,200 | 10,948 | 16% |
| Price | $465.0K | $760.0K | 3% |
| Price per sq ft | $431 | $387 | 67% |
| Built year | 1952 | 1963 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 190 | 3% |
Mar 11, 2026
$465,000
Initial Listing