167 N Center Street, Redlands, California 92373, Redlands, 92373 - 1 bed, 1 bath
167 N Center Street
Redlands, California 92373
Property Price
SUMMARY
Analysis of 167 N Center Street, Redlands, California 92373 is currently available with a list price of $125,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Redlands Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This property, built in 1956, has received recent and significant cosmetic and functional updates, including new interior paint, refinished hardwood floors, new lighting, a new ceiling fan, a new garbage disposal, and updated bathroom fixtures (toilet, faucet, medicine cabinet). These updates make the property move-in ready with a fresh appearance. However, the kitchen still features dated cabinets, countertops, and an older stove, and the bathroom retains an older-style bathtub. The heating is a wall-mounted unit, and cooling appears to be a window AC unit, indicating a lack of central HVAC. While not extensively renovated to modern standards, the recent updates elevate its condition beyond 'Fair' by addressing immediate needs and providing a clean, functional living space.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Interior Upgrades
The property features new interior paint, hardwood floors, lighting, ceiling fan, garbage disposal, and updated bathroom fixtures, offering a move-in ready condition.
- Highly Competitive Price Point
Listed at $125,000, this property presents a rare and accessible entry-level opportunity in the Redlands real estate market.
- Significant Price Reductions
Multiple price drops from the original $155,000 to $125,000 indicate a highly motivated seller and potential for a favorable purchase.
CONSRISKS & DEFICIENCIES
- Strict Cash-Only Purchase Requirement
The 'CASH ONLY' and 'NO FINANCING' mandate severely restricts the potential buyer pool, excluding the vast majority of buyers who rely on traditional mortgage financing.
- Co-op Ownership Structure & Restrictions
As part of a 'BRAEMAR CO-OP COMMUNITY,' buyers must navigate specific co-op rules, potential board approval, and a different ownership model than standard real estate, which can be less flexible and unfamiliar.
- High Association Fees
The $600 monthly association fee is substantial, especially relative to the property's low list price, significantly impacting the overall monthly cost of ownership.
About 167 N Center Street
BRAEMAR CO-OP COMMUNITY "CASH ONLY" "OWNER OCCUPANCY ONLY" "NO FINACING CASH ONLY" NEW INTERIOR PAINT, HARDWOOD FLOORS, NEW LIGHTING, NEW CIELING FAN, NEW GARBAGE DISPOSAL, NEW BATHROOM TOILET, FAUCET AND MEDICINE CABINET. PRICED TO SELL FAST!!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 1,000 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $600.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 4.0 | 2% |
| Baths | 1.0 | 2.0 | 9% |
| Square foot | 671 | 2,060 | 1% |
| Lot Size | 1,000 | 10,948 | 1% |
| Price | $125.0K | $785.0K | 1% |
| Price per sq ft | $186 | $383 | 1% |
| Built year | 1956 | 1963 | 36% |
| HOA | $600.0 | $0 | 99% |
| Days on market | 184 | 177 | 54% |
Pricing History
Listed for Sale
Feb 3, 2026
$125,000
$135,000
-7% Price Drop
Initial Listing
Price Change
Jan 5, 2026
$135,000
$149,900
-10% Price Drop
Initial Listing
Price Change
Oct 24, 2025
$149,900
$155,000
-3% Price Drop
Initial Listing
Price Change
Sep 4, 2025
$155,000
Initial Listing