26200 Redlands Boulevard, Redlands, California 92373, Redlands, 92373 - 2 bed, 2 bath
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Redlands, California 92373
This Value-Add Condominium represents a strategic acquisition with a List Price of $320,000. While the Fair Market Value of $218,046 reflects its current Condition Rating of 5, the property offers significant upside through a comprehensive renovation. Located in the Redlands Unified District directly across from the VA Hospital, the unit is positioned to capture high rental demand from nearby Loma Linda University. Featuring two large bedrooms, a private deck, and resort-style amenities, this asset provides a clear path for forced appreciation. This is an ideal project for Fix-and-Flip Investors or Contractors.
Property is extensive renovation needed.
Built in 1981, this condo is over 40 years old and shows significant signs of age. While the walls appear freshly painted, the kitchen features dated white appliances, basic cabinets, and old linoleum flooring. Both bathrooms have very outdated vanities, fiberglass tub/shower units, and dated linoleum. Most critically, the main living areas and bedrooms are missing flooring entirely, exposing the subfloor, which necessitates immediate and substantial rehabilitation before the property can be comfortably occupied. These are not minor updates, but rather significant renovations required throughout the interior.
Centrally located in the Heart of Redlands, offering immediate access to shopping, restaurants, public transportation, and major freeways (10, 215, 60, 91).
Directly across from the new VA Hospital and a short distance to Loma Linda University (2.5 miles) and University of Redlands (5 miles), appealing to medical professionals, students, or staff.
Residents benefit from a swimming pool, spa, tennis courts, and convenient on-site laundry facilities, enhancing lifestyle and value.
A $360.0 monthly association fee adds a substantial recurring cost to homeownership, impacting overall affordability.
Built in 1981, the property is over 40 years old, which may imply a need for potential updates or maintenance on original systems and finishes.
The property has undergone a recent price reduction from $340,000 to $320,000, which could suggest extended market time or initial overpricing.
This condo is Nestled in the Heart of Redlands right across the street from the new VA Hospital. It is 2.5 miles from Loma Linda University and 5 miles from the University of Redlands. A great opportunity to own your own home with this upper level unit . Features 2 large bedrooms with walk-in closets and a balcony with additional storage. The Community amenities include swimming pool, spa, tennis courts, on-site laundry facilities and 2 assigned parking spaces; one carport and one open. Shopping Restaurants, Public Transportation and 10, 215, 60 and 91 Fwys.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 994 | 1,548 | 13% |
| Lot Size | 3,268 | 900 | 91% |
| Price | $320.0K | $505.0K | 9% |
| Price per sq ft | $322 | $322 | 50% |
| Built year | 1981 | 2009 | 39% |
| HOA | $360.0 | $325 | 57% |
| Days on market | 178 | 178 | 52% |
Jan 17, 2026
$320,000
$340,000
-6% Price Drop
Initial Listing
Oct 26, 2025
$340,000
Initial Listing