
Redlands, California 92373
This Spacious Condominium represents a High-Potential Investment Opportunity, listed at $450,000—positioned well above the $434,001 Fair Market Value by 3%. While the price reflects a premium, the property offers a Condition Rating of 4, featuring a modernized kitchen and new HVAC system. The generous 1,683 sqft floor plan and community pool access provide significant lifestyle value in the Redlands Unified district. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, well-located home with room for cosmetic personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 139 E Cypress Subject | $450,000* List Price | 3 | 3 | 1,683 | $258 | - |
A 135 E Cypress Avenue Sold | $369,800 | 3 | 3 | 1,543 | $240 | 0.0 mi |
B 246 E Fern Avenue 109 Sold | $420,000 | 3 | 2 | 1,486 | $283 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, the property is move-in ready with new HVAC, fresh paint, and new carpet. However, it retains significant dated elements including original bathrooms and popcorn ceilings, requiring cosmetic modernization to meet current standards.
At 1,683 square feet, this unit features one of the largest floor plans in the Regency Townhomes community, offering a spacious two-story layout that is rare for local condominiums.
The property includes a recently updated kitchen with quartz countertops and brand-new central heating and air conditioning, providing immediate value and comfort.
Situated in the heart of Redlands near the historic downtown area, the home offers excellent walkability and convenience to high-end dining, shopping, and parks.
While move-in ready with fresh paint and carpet, the home retains many original 1960s interior elements that require cosmetic modernization to meet contemporary standards.
The association fee of $622.37 is relatively high, which may impact monthly affordability and the overall debt-to-income ratio for potential buyers.
Welcome to 139 E Cypress Avenue in the heart of Redlands! This spacious two-story condominium offers approximately 1,683 square feet of living space with 3 bedrooms and 2.5 bathrooms, making it one of the larger floor plans in the Regency Townhomes community. While move-in ready, the home retains many original interior features and offers an outstanding opportunity for cosmetic improvements and modernization. The main level features a generously sized living room, a dedicated dining area, an updated kitchen with quartz countertops and attractive cabinetry, convenient interior laundry, and a downstairs powder room for guests. Upstairs you’ll find a spacious primary suite with its own private bath, along with two additional bedrooms and a full hall bathroom. Fresh interior paint and new carpeting provide a clean and comfortable living environment, while the home’s generous square footage and highly functional floor plan offer exceptional flexibility for a variety of lifestyles. Additional amenities include new central heating and air conditioning and convenient access to community amenities. Ideally located near historic downtown Redlands, shopping, dining, parks, and commuter routes, this home combines space, comfort, and convenience in one of Redlands’ most established communities. HOA dues include beautiful community pool, plus: water, trash, and exterior maintenance. Bring your vision and discover the possibilities this spacious Redlands condo has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,683 | 1,288 |
| Lot Size | 1,683 | 1,644 |
| Price | $450.0K | $413.4K |
| Price per sq ft | $267 | $311 |
| Built year | 1965 | 1981 |
| HOA | $622.37 | $528 |
| Days on market | 11 | 79 |
Jul 11, 2026
$450,000
Initial Listing