316 W Lugonia 320, Redlands, California 92374, Redlands, 92374 - 0 bed, 0 bath
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Redlands, California 92374
Analysis of 316 W Lugonia 320, Redlands, California 92374 is currently available with a list price of $699,555. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1902, this 122-year-old property far exceeds the 30-50 year threshold for major system overhauls. With no mention of recent renovations to kitchens, baths, or HVAC/electric in the description, and a weathered exterior, the property likely requires a full rehab to meet modern safety and functional standards.
The property features two separate 2-bedroom, 2-bathroom homes, providing excellent flexibility for owner-occupants to house-hack or for investors to maximize rental yield from two distinct units.
Situated on a generous 15,011 square foot lot, this property offers significant outdoor space and rare privacy between the two dwellings, enhancing its appeal to long-term tenants.
With a total of 2,437 square feet of living space, the units offer comfortable and competitive interior dimensions that exceed the average for many older multi-family configurations in the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2437, other record living area = 1261.
Built in 1902, the property likely requires specialized upkeep and may have aging infrastructure, such as plumbing or electrical systems, that could necessitate significant capital improvement.
Managing two detached structures on a large lot typically results in higher insurance premiums and ongoing landscaping and exterior maintenance costs compared to a single-building duplex.
Looking for a property that offers flexibility and income potential? This unique property features two separate homes, each offering 2 bedrooms and 2 baths live in one and rent the other or add a fully occupied investment property to your portfolio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,437 | 4,360 |
| Lot Size | 15,011 | 12,173 |
| Price | $699.6K | $963.3K |
| Price per sq ft | $287 | $334 |
| Built year | 1902 | 1965 |
| HOA | $0 | $0 |
| Days on market | 30 | 82 |
Jun 22, 2026
$699,555
Initial Listing
Nov 5, 2007
$300,500
Public Record