
Redlands, California 92374
This Hybrid Residential Property represents a High-Potential Investment Opportunity, listed at $627,000—positioned slightly above the $608,597 Fair Market Value. While the price reflects a premium, the property offers significant utility through its 12,772 sq. ft. lot and a detached 400 sq. ft. guest suite with income potential. With a Fair Condition Rating, the home features recent exterior and window upgrades, though it requires modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, historic Redlands asset with long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1132 E Citrus Avenue Subject | $614,900* List Price | 4 | 3 | 1,766 | $348 | - |
A 838 838 College Ave Sold | $625,000 | 3 | 2 | 1,711 | $365 | 0.8 mi |
B 855 S Grove Sold | $535,000 | 4 | 2 | 1,563 | $342 | 0.4 mi |
C 1317 Morrison Sold | $634,000 | 3 | 2 | 1,860 | $341 | 0.3 mi |
D 1017 E Colton Sold | $585,000 | 2 | 2 | 1,553 | $377 | 0.6 mi |
E 709 Bermuda Sold | $610,000 | 3 | 1 | 1,654 | $369 | 0.4 mi |
F 608 Falcon Lane Sold | $590,000 | 3 | 2 | 1,570 | $376 | 0.8 mi |
G 705 Hemlock Court Sold | $652,000 | 5 | 3 | 2,298 | $284 | 0.3 mi |
H 1556 Gary Sold | $753,750 | 4 | 2 | 1,762 | $428 | 0.8 mi |
I 1021 Cimarron Active | $679,999 List Price | 4 | 2 | 1,881 | $362 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1920, the property has received some essential maintenance including a partial new roof, dual-pane windows, and fresh paint. However, the kitchen and bathrooms feature finishes and cabinetry that appear over 20 years old. The reliance on wall-mounted heating/cooling units rather than a modern central HVAC system and the dated interior aesthetics align with the Fair criteria, as the home is functional but requires modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7072, living area = 1766.
The property features a detached two-car garage with a finished 400 sq. ft. bedroom and bathroom above, providing an ideal setup for rental income, a guest suite, or a private home office.
The oversized 12,772 sq. ft. lot is a rare find, offering a new greenhouse, irrigated garden with fruit trees, and gated rear access for RV or boat storage.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1766, other record living area = 1367. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With 67 days on the market and a recent price reduction, the property may be facing a cooling interest or initial pricing misalignment compared to local buyer expectations.
Despite recent cosmetic and functional updates, a home of this age (1920) typically carries inherent risks related to aging plumbing, electrical, or foundation systems that may require future capital investment.
A timeless Redlands classic at 1132 E. Citrus Ave., where vintage charm, versatile amenities, and room to breathe come together on one of the most compelling lots in the area. Nestled in a well-established neighborhood, this circa-1920 home offers four bedrooms, three bathrooms, and approximately 2,166 sq. ft. of warm, character-rich living space that tells a story the moment you walk through the door. The home underwent a major renovation in 2008, with approximately $250,000 invested in new plumbing, electrical, copper piping, waste lines, doors, windows, HVAC, and new siding on both the house and garage. Architectural details include original hardwood floors, abundant natural light, a welcoming floor plan, and the unmistakable craftsmanship that is difficult to replicate today. What truly sets this property apart is its extraordinary range of features on an oversized 12,772 sq. ft. lot. The detached two-car garage includes separate washer and dryer connections, plus a finished bedroom and bathroom above with its own patio. This approximately 400 sq. ft. space offers excellent flexibility as a recreation room, office, study, guest quarters, or roommate accommodations. It also has its own water heater, heating, and air conditioning. A new greenhouse at the rear of the property invites the serious gardener to grow year-round. The yard also features five fruit trees and a large irrigated garden area. Gated rear access provides space for RV, boat, or additional vehicle storage. Recent updates include a new 2.5-ton HVAC system, a new roof, and new fencing separating the rear lot. The home is a short walk from Redlands High School, Sylvan Park, and the Metrolink, with convenient rail connections throughout Southern California. Whether you are drawn to the home’s historic character, the potential of the separate bedroom and bathroom, or the lifestyle flexibility of the expansive lot, this property offers a combination that is genuinely hard to find. Ideally located just minutes from the University of Redlands and Downtown Redlands, the home is close to shops, dining, preserved architecture, and cultural landmarks such as Kimberly Crest House & Gardens, the Lincoln Memorial Shrine, and the historic A.K. Smiley Public Library. The appeal of 1132 E. Citrus Ave. is its flexible living space, income potential, and prime location surrounded by the history, beauty, and culture that make Redlands so highly sought after.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,766 | 1,782 |
| Lot Size | 12,772 | 7,956 |
| Price | $614.9K | $690.3K |
| Price per sq ft | $348 | $377 |
| Built year | 1920 | 1987 |
| HOA | $0 | $145 |
| Days on market | 92 | 59 |
Jul 15, 2026
$614,900
$627,000
-2% Price Drop
Initial Listing
Jun 27, 2026
$627,000
$639,900
-2% Price Drop
Initial Listing
Apr 21, 2026
$639,900
Initial Listing