1112 Devon, Redlands, California 92374, Redlands, 92374 - 4 bed, 2 bath
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Redlands, California 92374
This property presents a High-Potential Investment Opportunity with a List Price of $490,000—positioned well above the $436,995 Fair Market Value by -12%. While the property requires a Condition Rating of 5, the 4-bedroom layout and proximity to the University of Redlands provide a strong foundation for value-add renovations. Featuring a fenced backyard and covered patio, this asset is primed for modernization. This project is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive interior rehabilitation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1112 Devon Subject | $529,000* List Price | 4 | 2 | 1,116 | $411 | - |
A 116 Doyle Sold | $539,500 | 4 | 2 | 1,125 | $480 | 0.9 mi |
B 634 E Pioneer Sold | $410,000 | 4 | 2 | 1,228 | $334 | 1.0 mi |
C 1631 Church Sold | $430,000 | 3 | 2 | 1,130 | $381 | 0.8 mi |
D 1103 Alta Sold | $390,000 | 3 | 2 | 1,012 | $385 | 0.6 mi |
E 1225 Alta Sold | $485,000 | 3 | 1 | 1,261 | $385 | 0.6 mi |
F 1203 Ohio Street Sold | $475,000 | 2 | 1 | 1,354 | $351 | 0.9 mi |
G 1602 Glover Street Active | $559,000 List Price | 4 | 2 | 1,308 | $427 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1958 and over 60 years old, this property requires a full interior rehab. The kitchen is significantly outdated with visible wall damage and DIY-style finishes, and the listing explicitly targets investors and buyers prepared for a major project.
The property is ideally situated near the University of Redlands with quick access to the I-10 freeway, making it highly attractive for both commuters and potential rental tenants.
Priced as an entry-level or investor opportunity, the home features original hardwood floors and a 4-bedroom layout that offers significant upside through cosmetic renovations.
The home boasts a relatively new roof, a fully fenced backyard, and a covered patio, providing essential structural peace of mind and functional outdoor living space.
The interior requires extensive cosmetic TLC and modernization throughout, which will necessitate immediate additional capital investment from the buyer.
At only 1,116 square feet for a 4-bedroom configuration, the individual room sizes and common living areas may feel cramped by modern standards.
Fantastic starter home located near the University of Redlands. This home has close access to I-10 Freeway at University, nearby parks, shopping, and minutes away from downtown Redlands. This home has been recently redone on the inside and out. New range in kitchen, new carpet throughout the home, freshly painted interior and exterior. Two mini-split AC systems have been installed. This home is move in ready. This home is perfect for a first time buyer or anybody looking to live in the desirable City of Redlands.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,116 | 1,782 |
| Lot Size | 6,540 | 7,956 |
| Price | $529.0K | $690.3K |
| Price per sq ft | $474 | $377 |
| Built year | 1958 | 1987 |
| HOA | $0 | $145 |
| Days on market | 37 | 59 |
Jul 18, 2026
$529,000
$490,000
+8% Price Increase
Initial Listing
Jun 15, 2026
$490,000
Initial Listing
Feb 12, 2008
$230,000
Public Record