1125 6th Street, Redlands, California 92374, Redlands, 92374 - 3 bed, 2 bath
ACTIVE$540,000
1125 6th Street, Redlands, California 92374
3Beds
2Baths
1,292Sqft
6,326Lot
Price Vs. Estimate
The estimated value ($537,414.515) is $2,585.485 (0%) lower than the list price ($540,000). This property may be overpriced.
Key pros and cons
Top Pros:
Income-Generating Potential: The converted 2-car garage generates $1300/month in rent, offering a significant financial advantage by offsetting mortgage payments.
Top Cons:
Potential Unpermitted Garage Conversion: The description indicates the 2-car garage 'has been used as a living quarters,' raising concerns about whether this conversion was done with proper permits, potentially leading to legal or financial issues.
Compared to the nearby listings
Price:$540.0K vs avg $600.0K ($-60,000)31%
Size:1,292 sqft vs avg 1,648 sqft27%
Price/sqft:$418 vs avg $35972%
More Insights
Built in 2004 (21 years old).
Condition: Built in 2004, this property is 20 years old and shows its age in terms of style and features. The kitchen, while functional, has dated dark cabinets, speckled countertops, and basic appliances. Light fixtures are also basic and not modern. While the property appears move-in ready and maintained, it has not undergone significant recent renovations to update its aesthetic. Cosmetic updates would be required to modernize the home, aligning it with the 'Fair' condition criteria where major components are functional but show signs of being outdated and minor updates are required.
Year Built
2004
Close
-
List price
$540K
Original List price
$540K
Price/Sqft
$418
HOA
-
Days on market
-
Sold On
-
MLS number
CV25098328
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
City of Redlands blends its historic charm with modern development, maintaining a vibrant community. Location is key in Real Estate, and this property excels in its location, close to shopping, school, and roads. The property boasts 3 bedrooms and 2 baths with 1,292 sqft and a lot of 6,326. Built in 2004, this property also offers a 2-car garage that has been used as a living quarters AND generates $1300 A MONTH OF RENT. THIS WILL BRING YOUR MORTGAGE PAYMENT REALLY LOW. Furthermore, Redlands is known for the weekly farmers market events and historical architecture. The City of Redlands has excellent educational resources ranging from K-12 to College level
Condition Rating
Fair
Built in 2004, this property is 20 years old and shows its age in terms of style and features. The kitchen, while functional, has dated dark cabinets, speckled countertops, and basic appliances. Light fixtures are also basic and not modern. While the property appears move-in ready and maintained, it has not undergone significant recent renovations to update its aesthetic. Cosmetic updates would be required to modernize the home, aligning it with the 'Fair' condition criteria where major components are functional but show signs of being outdated and minor updates are required.
Pros & Cons
Pros
Income-Generating Potential: The converted 2-car garage generates $1300/month in rent, offering a significant financial advantage by offsetting mortgage payments.
Prime Redlands Location: The property is strategically located close to shopping, schools, and major roads, enhancing convenience and daily living in a desirable area.
Vibrant Community & Amenities: Redlands offers a blend of historic charm and modern development, known for its vibrant community, weekly farmers markets, and historical architecture.
Strong Educational Resources: The city provides access to excellent K-12 and college-level educational institutions, making it highly attractive for families.
Modern Construction & Mountain Views: Built in 2004, the property benefits from newer construction standards, coupled with desirable mountain views.
Cons
Potential Unpermitted Garage Conversion: The description indicates the 2-car garage 'has been used as a living quarters,' raising concerns about whether this conversion was done with proper permits, potentially leading to legal or financial issues.
Limited Interior Square Footage: At 1,292 sqft for 3 bedrooms and 2 baths, the interior living space is relatively compact, which may not meet the needs of buyers seeking more spacious accommodations.
Lack of Dedicated Garage Parking: With the 2-car garage converted to living space, the property lacks a traditional enclosed garage for vehicle parking or storage, which can be a significant functional drawback.