48 N Center Street 48, Redlands, California 92373, Redlands, 92373 - 2 bed, 1 bath

48 N Center Street 48, Redlands, California 92373 home-pic-0

48 N Center Street 48

Redlands, California 92373

ACTIVE
CONDITION: GOOD
2Beds
1Baths
918Sq Ft
Lot Size

Property Price

LIST PRICE$239,000

SUMMARY

Analysis of 48 N Center Street 48, Redlands, California 92373 is currently available with a list price of $239,000. 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

Good
TeardownExcellent

Property is move-in ready.

The property is in move-in ready condition and has been exceptionally well-maintained. Although built in 1956, it features several recent upgrades including newer dual-pane windows, updated flooring, fresh paint, and a newer heating system. The kitchen and bathroom are clean and functional with updated surfaces like stone countertops, though the appliances and overall style are standard rather than high-end luxury, fitting the 'good' criteria for a well-maintained, updated older home.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Walkable Location

    Situated in the heart of historic Downtown Redlands, this property offers exceptional walkability to two train stations, local dining, boutique shopping, and the iconic Redlands Bowl.

  • Comprehensive HOA Value

    The association fee provides unique value by including property taxes, water, sewer, trash, and exterior maintenance, offering a simplified, low-maintenance lifestyle for the owner.

  • Turnkey Interior Updates

    The residence is in immaculate condition with significant recent upgrades, including newer dual-pane windows, updated flooring, fresh paint, and a newer heating system.

CONSRISKS & DEFICIENCIES

  • Co-op Ownership Structure

    As a stock cooperative, the property may face more restrictive financing requirements and a board approval process, which can limit the pool of potential buyers compared to traditional fee-simple real estate.

  • High Monthly Carrying Costs

    The $799 monthly HOA fee, while inclusive of taxes and utilities, represents a high fixed monthly expense that may impact buyer debt-to-income ratios and overall affordability.

About 48 N Center Street 48

VOILA! WELCOME TO THE ICONIC BRAEMAR CO-OP'S! Announcing an Immaculate and lovingly maintained 2-bedroom Stock Cooperative residence ideally located adjacent to historic Downtown Redlands. Just blocks away from TWO train stations, charming shops, restaurants, the public library, and the world-famous Redlands Bowl, it's location offers exceptional convenience combined with a vibrant lifestyle. This HOA provides exceptional value and convenience, covering the community pool, fire insurance, water, sewer, trash,PROPERTY TAXES, landscaping, exterior maintenance, in-wall plumbing and electrical, hot water heaters, and all community laundry facilities, including the use of washers and dryers. Oh, one more added value is the use of a COMMUNITY GARDEN! This is a wonderful opportunity to enjoy low-maintenance living in one of Redlands’ most desirable and walkable locations. This special downstairs unit is tucked privately toward the back of the community, offering peaceful surroundings with no stairs to climb. The open floor concept creates a bright, comfortable living environment designed for easy everyday living. Enjoy a private patio with retractable awning - the perfect setting for relaxing mornings or quiet evenings. Note one bedroom window offers a private view onto a serene garden environment . The home is truly immaculate and well loved, featuring newer dual-pane windows, newer flooring, fresh paint, a newer heater, and high-quality new screen doors, reflecting pride of ownership throughout. In addition, for your comfort, the owner is leaving a custom Murphy bed that is perfect for guests. This is a wonderful opportunity to enjoy low-maintenance living in one of Redlands’ most desirable and walkable locations. NOTE: AGAIN, THE HOA DUES INCLUDES PROPERTY TAXES!

Property Details

Public Facts

Property Type
Condominium
Year Built
1956
Lot Size
-

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$799.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
42%
Baths1.03.0
8%
Square foot9181,496
8%
Lot Size-850
46%
Price$239.0K$470.0K
4%
Price per sq ft$260$315
12%
Built year19561996
4%
HOA$799.0$340
96%
Days on market14177
4%

Pricing History

Listed for Sale

Feb 21, 2026

$239,000

Initial Listing

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