
Redlands, California 92374
This High-Potential Investment Opportunity is listed at a List Price of $949,900, which is positioned above the $843,813 Fair Market Value. Despite the premium, the property offers a unique Buy-and-Hold Investor strategy through its dual-unit configuration, generating a combined $5,700 in monthly rental income. Featuring a Mint Condition Rating with a 2024-built back house and a fully renovated front unit, this asset provides immediate cash flow. It is an ideal acquisition for Owner-Occupants seeking to offset mortgage costs or investors prioritizing turnkey, energy-efficient residential assets.
Property is new construction or fully renovated.
The property features a brand-new 2024 construction back house and a fully renovated front house. Key systems are updated including a 3-year-old roof, new AC, and a new tankless water heater. Both units boast modern kitchens with new appliances, updated bathrooms, and hardwood flooring, meeting the criteria for mint condition with no maintenance required.
The property features two separate 3-bedroom residences generating a combined $5,700 monthly rent, offering exceptional cash flow or multi-generational flexibility.
Equipped with paid-for solar panels on the 2024-built back house and a new tankless water heater and AC in the front unit, significantly reducing utility overhead.
Both homes boast high-end finishes including hardwood floors, designer touches, and all-new appliances, ensuring a move-in ready experience with no immediate renovation needed.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2160, other record living area = 1260.
The 5,668 sq. ft. lot size is relatively compact for two full-sized homes, which may limit private yard space and outdoor amenities for residents.
With a total of six bedrooms but only one attached garage mentioned, parking could become a challenge for multiple tenants or large families.
Fantastic investment or multi-generational opportunity in Redlands south of the freeway. This rare property features two separate properties. Front Property is 1260 sq feet. With 3 bedrooms and two bathrooms. Wood floors throughout, fireplace, all new appliances. New roof installed 3 years ago. New AC. New energy efficiency tankless water heater. Nicely landscaped with low water drip system. Back house newly built in 2024. 900 sq. Ft. 3 bedroom two bathrooms Hardwood floors modern interiors with designer touches. Paid for solar panels. Attached one car garage. Private iron security gate. All new appliances. Both units rent for$2800 and $2900 a month. Ideal for investors seeking immediate cash flow or looking to live in one and rent the other.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.8 |
| Baths | 0.0 | 2.6 |
| Square foot | 2,160 | 1,801.644 |
| Lot Size | 5,668 | 8,387.844 |
| Price | $949.9K | $681.9K |
| Price per sq ft | $440 | $378 |
| Built year | 2024 | 1982 |
| HOA | $0 | $141 |
| Days on market | 28 | 55 |
Aug 12, 2026
$949,900
Initial Listing
Jun 7, 2022
$330,000
Public Record
Mar 30, 2011
$85,000
Public Record
Jan 22, 1999
$100,000
Public Record
Apr 21, 1998
$38,000
Public Record