1132 Calhoun, Redlands, California 92374, Redlands, 92374 - 5 bed, 3 bath
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Redlands, California 92374
This Value-Add Residential Asset presents a strategic opportunity in a prime location, listed at $525,500 with a $459,974 Fair Market Value. Currently holding a Condition Rating of 5, the 1925 structure requires a comprehensive rehab to address deferred maintenance and its non-standard 5-bedroom, 3-bathroom layout. Featuring Mountain Views and a 6,500 sqft lot in the Redlands Unified School District, the property offers significant upside for forced appreciation. With highly motivated sellers, this High Room Count project is ideal for Fix-and-Flip Investors or Contractors looking to unlock value through structural and cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1132 Calhoun Subject | $525,500* List Price | 5 | 3 | 1,368 | $348 | - |
A 915 Alta Sold | $489,000 | 4 | 2 | 1,504 | $325 | 0.4 mi |
B 1225 Alta Sold | $485,000 | 3 | 1 | 1,261 | $385 | 0.4 mi |
C 1103 Alta Sold | $390,000 | 3 | 2 | 1,012 | $385 | 0.4 mi |
D 606 Baldwin Active | $500,000 List Price | 3 | 1 | 1,103 | $453 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Originally built in 1925, the property shows significant signs of age and deferred maintenance. The kitchen is severely dated with mismatched cabinetry and an unfinished DIY island. While some tile flooring was added previously, the overall interior, including the 5-bedroom layout squeezed into 1,368 sqft, suggests non-standard additions and a need for a full structural and cosmetic rehab to meet modern safety and functional standards.
Situated in a highly desirable and established Redlands neighborhood, the property offers exceptional proximity to downtown dining, shopping, and parks.
Featuring 5 bedrooms and 3 bathrooms, this home provides significant utility and versatility for large families or investors at a competitive price point.
The 6,500 sqft lot includes mature citrus trees and offers views of the mountains and city lights, capturing the classic Redlands aesthetic.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
With 5 bedrooms squeezed into 1,368 square feet, the individual room sizes and overall layout may feel cramped for some buyers.
Built in 1925, the property likely requires modernization or updates to its aging systems to meet contemporary standards and efficiency.
LOCATION! Opportunity to own a charming home in one of Redlands’ most desirable and established neighborhoods, just minutes from Downtown Redlands. Surrounded by shopping, dining, parks, schools, and places of worship, this location offers the perfect blend of convenience and lifestyle. This home features a warm and inviting feel with a versatile layout, ideal for first-time buyers looking to break into the market or anyone searching for a property with strong potential. The spacious yard with mature citrus trees adds that classic Redlands touch, perfect for relaxing or entertaining. Opportunities like this do not come often and this one is priced to sell! Expect strong interest submit your highest and best offers. Sellers are highly motivated and ready to make a deal! Easy to show schedule your private tour today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 85% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,368 | 1,676 | 28% |
| Lot Size | 6,500 | 7,200 | 37% |
| Price | $525.5K | $624.0K | 16% |
| Price per sq ft | $384 | $363 | 61% |
| Built year | 1925 | 1987 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 184 | 2% |
Apr 29, 2026
$525,500
Initial Listing