
Redlands, California 92373
An extremely rare opportunity to acquire seventeen classic units on three lots in the heart of historic South-Side Redlands. The offering includes all buildings on W. Olive from Center Street to Michigan Avenue (610–634 W. Olive, 127 Center, and 132 Michigan). The buildings still display their original names from the early 1900s, when they were “Winter Bungalows” where wealthy “Easterners” enjoyed the orchards and warm winter climate of Redlands. Each unit is unique. Some are more modern, but most are original and feature fireplaces, hardwood floors, formal dining rooms, roll-under beds that double as desks when rolled in, built-in hutches, large closets, sun porches, patios, and evening front porches. Other original details include ceiling treatments, real ice boxes (for use with real ice), and well-preserved hexagonal floor tiles. Imagine ladies with parasols enjoying lawn bowling on the broad green lawns. The carports were likely built for horse-drawn carriages. Enjoy a walk around, but please do not disturb the tenants. Some landscapes have been watered by AI.
Property is extensive renovation needed.
Built in 1906 and described as 'mostly original,' this property far exceeds the 30-50 year threshold for rehab. The mention of original ice boxes and hexagonal tiles, combined with visible window AC units in photos, indicates outdated HVAC, electrical, and plumbing systems that likely require significant modernization and rehab despite its historic charm.
The property features 17 unique 1906 'Winter Bungalows' with rare original details like hardwood floors, built-in hutches, and period tiles, offering a distinct competitive edge in the boutique rental market.
Situated in the heart of historic South-Side Redlands on three contiguous lots totaling over 60,000 sqft, this rare assembly offers significant land value and a dominant presence in a prestigious neighborhood.
With 17 units across multiple lots, the property provides a substantial income-generating footprint with significant potential for strategic value-add improvements to increase long-term rental yields.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =60984, other record lot size in square feet = 41000. Living area discrepancy between mls listing and other public or private record. mls listing living area = 11619, other record living area = 1221.
Given the 1906 construction and 'original' state of most units, the property likely requires substantial capital expenditure to update aging infrastructure, utilities, and systems to meet modern standards.
The unique layout of 17 distinct units across three separate lots increases management overhead and maintenance difficulty compared to standardized, modern multi-family developments.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 1.0 |
| Square foot | 11,619 | 776 |
| Lot Size | 60,984 | 7,100 |
| Price | $4.45M | $521.5K |
| Price per sq ft | $383 | $672 |
| Built year | 1906 | 1940 |
| HOA | $0 | $0 |
| Days on market | 25 | 67 |
Sep 29, 2026
$4,449,000
Initial Listing
Jan 31, 2013
$1,300,000
Public Record