1220 Webster Street, Redlands, California 92374, Redlands, 92374 - 3 bed, 2 bath
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Redlands, California 92374
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at a List Price of $549,000—positioned well below the $565,506 Fair Market Value by 2%. This valuation gap offers $16,506 in Instant Equity. Featuring an Excellent Condition Rating with a remodeled kitchen, luxury vinyl plank flooring, and a 2024 solar system, the home provides immediate energy efficiency. While currently configured as a 2-bedroom, the flexible layout allows for easy restoration. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1220 Webster Street Subject | $549,000* List Price | 3 | 2 | 1,299 | $435 | - |
A 1003 Lawton Sold | $559,000 | 3 | 2 | 1,176 | $475 | 0.3 mi |
B 140 W Pioneer 100 Sold | $430,000 | 2 | 2 | 1,293 | $333 | 1.0 mi |
C 1144 Orange Sold | $549,900 | 3 | 2 | 1,454 | $378 | 0.3 mi |
D 918 Columbia Sold | $510,000 | 3 | 2 | 1,080 | $472 | 0.3 mi |
E 926 Texas Sold | $500,000 | 3 | 1 | 1,056 | $473 | 0.4 mi |
F 1231 Webster Street Sold | $459,900 | 2 | 1 | 1,012 | $454 | 0.0 mi |
G 226 Hartzell Avenue Sold | $556,000 | 3 | 2 | 1,569 | $354 | 0.8 mi |
H 1231 Occidental Sold | $515,000 | 3 | 2 | 1,107 | $465 | 1.0 mi |
I 1107 Orange Active | $575,000 List Price | 3 | 1 | 1,317 | $437 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1946, the property qualifies as excellent due to a comprehensive recent renovation within the last 5 years. Key updates include a fully remodeled kitchen with modern cabinetry and subway tile, new luxury vinyl plank flooring throughout, a recently replaced roof, and the installation of a new solar system in 2024.
The home features a remodeled kitchen, luxury vinyl plank flooring, and a recently replaced roof, offering a move-in-ready experience with reduced immediate maintenance costs.
Equipped with a solar system installed in 2024, the property ensures significantly lower monthly energy bills, providing long-term utility savings for the homeowner.
Situated in the heart of Redlands, the property offers convenient access to downtown, Citrus Plaza, and major freeways, making it ideal for commuters and local lifestyle seekers.
While tax records list the home as a three-bedroom, the current configuration utilizes one bedroom as a dining room, which may require modification to restore its original utility.
The solar system is leased at $224 per month and requires the buyer to meet specific qualification standards, which could impact financing or debt-to-income ratios.
Beautiful 3-bed, 2-bath bungalow in Redlands, CA offers an ideal opportunity for first-time buyers. Featuring an inviting open-concept living area, this 1,299 sqft. home highlights a remodeled kitchen and dining combo, abundant in natural light. Two spacious bedrooms, with the primary boasting an en suite bath, showcase the thoughtful design. Most of the home features luxury vinyl plank flooring, and a recent roof adds peace of mind. The property is tax-listed as a 3-bedroom; however, the front bedroom has been converted into a dedicated dining room. The back 1-car garage offers potential to be a 3rd or 4th bedroom. Leased solar installed in 2024 ensures low energy bills ($224/month), with buyer qualification required. Centrally located, the property provides easy access to downtown Redlands, Citrus Plaza, and freeways. The current owners are preparing to move due to employment relocation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,299 | 1,782 |
| Lot Size | 4,998 | 7,956 |
| Price | $549.0K | $690.3K |
| Price per sq ft | $423 | $377 |
| Built year | 1946 | 1987 |
| HOA | $0 | $145 |
| Days on market | 16 | 59 |
Jul 6, 2026
$549,000
Initial Listing
Apr 15, 2022
$495,000
Public Record