1557 Cambridge Avenue, Redlands, California 92374, Redlands, 92374 - 3 bed, 2 bath
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1557 Cambridge Avenue
Redlands, California 92374
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,040Sq Ft
7,200Lot Size
Property Price
LIST PRICE$549,000
EST. MARKET VALUE
$523,418
4% AboveMARKET VALUE
SUMMARY
This Single-Story Residential Home represents a High-Potential Investment Opportunity, listed at $549,000—positioned above the $523,418 Fair Market Value. While priced slightly above market, the property features a Condition Rating of 3, boasting modern kitchen updates, solar power, and central HVAC. The generous 7,200 square foot lot provides significant outdoor utility, while the proximity to the University of Redlands ensures strong long-term demand. This residence is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home with established energy-efficient systems.
Estimated Market Value
$523,418
Based on Realkey algorithm analyzing recent comparable sales in Redlands.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1557 Cambridge Avenue Subject 3 bd · 2 ba · 1,040 sqft · $503 | $549,000* List Price | 3 | 2 | 1,040 | $503 | - |
A 1214 Country Sold 3 bd · 2 ba · 1,335 sqft · $449 · 0.3 mi | $600,000 | 3 | 2 | 1,335 | $449 | 0.3 mi |
B 917 Renee Sold 3 bd · 2 ba · 1,385 sqft · $422 · 0.4 mi | $585,000 | 3 | 2 | 1,385 | $422 | 0.4 mi |
C 1415 Stillman Sold 3 bd · 2 ba · 1,230 sqft · $423 · 0.4 mi | $520,000 | 3 | 2 | 1,230 | $423 | 0.4 mi |
D 1329 Campus Avenue Sold 3 bd · 2 ba · 1,200 sqft · $504 · 0.5 mi | $605,000 | 3 | 2 | 1,200 | $504 | 0.5 mi |
E 936 Judson Sold 2 bd · 2 ba · 1,151 sqft · $502 · 0.5 mi | $578,000 | 2 | 2 | 1,151 | $502 | 0.5 mi |
F 1228 Placer Active 3 bd · 2 ba · 1,120 sqft · $481 · 0.5 mi | $539,000 List Price | 3 | 2 | 1,120 | $481 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1978, the property has undergone significant interior updates including a modernized kitchen with painted cabinetry and new countertops, as well as consistent wood-look laminate flooring throughout. The inclusion of central HVAC and solar power indicates well-maintained systems. While some original elements like popcorn ceilings remain, the home is move-in ready and fits the 5-15 year renovation profile.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1040.
- Energy Efficiency
The inclusion of solar power provides significant long-term utility cost savings and appeals to environmentally conscious buyers.
- Desirable Location
Situated near the University of Redlands and local amenities, the property offers excellent convenience and potential for strong resale value.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With only 1,040 square feet of living space for a three-bedroom home, the interior layout may feel constrained for buyers seeking larger rooms.
- Dated Construction
Built in 1978, the property may require cosmetic or structural modernizations to meet the expectations of contemporary buyers in the Redlands market.
About 1557 Cambridge Avenue
Welcome to 1557 Cambridge Avenue, a single-story home in Redlands offering comfortable living in a convenient location. This 3-bedroom, 2-bath residence features approximately 1,040 square feet of living space, a cozy brick fireplace, and a functional floor plan. Step outside to a spacious backyard with a covered patio and plenty of room to relax, garden, or entertain. Additional highlights include solar power, a 2-car garage, central heating and air, and no HOA. Conveniently located near the University of Redlands, local schools, shopping, dining, and parks. A great opportunity to enjoy single-story living in an established Redlands neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 7,200 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,040 | 1,784.033 |
| Lot Size | 7,200 | 8,391.033 |
| Price | $549.0K | $673.7K |
| Price per sq ft | $528 | $379 |
| Built year | 1978 | 1981 |
| HOA | $0 | $142 |
| Days on market | 18 | 57 |
Pricing History
Listed for Sale
Oct 7, 2026
$549,000
Initial Listing
Sold
Aug 12, 2019
$360,000
Public Record
Sold
Sep 17, 2015
$305,000
Public Record
Sold
Aug 24, 2012
$175,000
Public Record
Sold
Dec 19, 2002
$165,000
Public Record