
Redlands, California 92373
This Versatile Multigenerational Residence is a Prime Investment Opportunity, listed at $650,000—positioned well below the $669,068 Fair Market Value by 2%. This valuation gap offers $19,068 in Instant Equity for buyers. Boasting a Condition Rating of 4, the home is functional yet dated, providing a clear path for forced appreciation through cosmetic updates. The property features a unique Junior Suite with a private entrance and Mountain Views, ideal for rental income. Located in the Redlands Unified School District, it is a perfect match for Owner-Occupants or Multigenerational Households.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1243 Fulbright Avenue Subject | $650,000* List Price | 5 | 3 | 1,904 | $351 | - |
A 726 Robinhood Sold | $706,500 | 4 | 3 | 1,746 | $405 | 0.6 mi |
B 1239 Fulbright Avenue Sold | $640,000 | 4 | 2 | 1,706 | $375 | 0.0 mi |
C 1230 San Pablo Sold | $765,000 | 4 | 2 | 1,940 | $394 | 0.1 mi |
D 624 Nottingham Sold | $675,000 | 4 | 2 | 1,620 | $417 | 0.5 mi |
E 657 W Cypress Sold | $645,000 | 3 | 2 | 1,569 | $411 | 0.8 mi |
F 1106 Fulbright Avenue Active | $599,000 List Price | 3 | 2 | 1,400 | $428 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, this property is functional but significantly dated. The kitchen features older oak cabinetry and red laminate countertops, and the bathrooms show 20-30 year old tile and fixtures. Popcorn ceilings are present throughout, and the use of a portable AC unit in the junior suite suggests the HVAC system may be dated or insufficient. It is well-maintained but requires cosmetic and system updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8250, living area = 1904.
The unique junior suite above the garage features a private living area, fireplace, and bathroom, making it ideal for guests, extended family, or potential rental income.
Located in the sought-after Redlands Unified School District and just minutes from vibrant downtown shopping and dining, providing high lifestyle appeal and long-term value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1960, the home may require updates to its original systems or cosmetic finishes to align with modern energy efficiency and design standards.
Housing five bedrooms within approximately 1,904 square feet may result in smaller individual room dimensions or tighter common areas for a large household.
Welcome to your next chapter in the heart of Redlands—just moments from the charm, dining, and shopping of vibrant downtown. This versatile 5-bedroom, 3-bath home offers 4 bedrooms and 2 baths on the main level, plus a private junior suite above the garage with its own large living area, fireplace, bathroom, and closet—ideal for guests, rental potential, or extended family. Step inside to a bright and welcoming open floor plan, where natural light pours into the main living spaces. The cozy living room, complete with a fireplace, flows seamlessly into the dining area—perfect for gathering with loved ones, hosting holiday celebrations, or enjoying everyday moments. Large sliding glass doors invite you to the backyard, creating an effortless indoor-outdoor connection. The expansive kitchen offers abundant cabinetry and a dedicated cooking area, ideal for preparing meals of any size. Down the hallway, you’ll find a private executive suite designed for comfort and convenience, along with three additional bedrooms and a full bathroom. Whether you need space for family, guests, or a home office, this layout adapts beautifully to your needs. But the true hidden gem awaits upstairs—a massive junior suite that opens up a world of possibilities. Featuring its own spacious living area, cozy fireplace, abundant natural light, and private bathroom, this retreat is perfect for multigenerational living, older children seeking independence, an in-law suite, or even a game room or second living space. Step outside to a lush backyard designed for enjoyment and relaxation. A covered patio and additional outdoor seating area make alfresco dining a breeze, while the green lawn provides plenty of space for play. Mature, low-maintenance landscaping and fruitful trees add both beauty and charm. The side yard offers additional flexibility for storage, pets, or recreational gear. Complete with a spacious garage and an extended driveway for ample parking, this home is ready to welcome its next owners to begin their story. Don’t miss this opportunity to make it your own and create something truly special.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 86% |
| Baths | 3.0 | 2.0 | 51% |
| Square foot | 1,904 | 2,041 | 43% |
| Lot Size | 8,250 | 10,948 | 28% |
| Price | $650.0K | $760.0K | 26% |
| Price per sq ft | $341 | $387 | 28% |
| Built year | 1960 | 1963 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 190 | 1% |
Apr 16, 2026
$650,000
Initial Listing