Redlands, CA 92374,521 Courier AVE
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Redlands, CA 92374,521 Courier AVE
Redlands, CA 92374,521 Courier AVE
Redlands, CA 92374,521 Courier AVE
Redlands, CA 92374,521 Courier AVE

$1,150,000

Est. payment /mo

$1,150,000

Est.Price: ?

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521 Courier AVE Redlands, CA 92374

0.28 Acres Lot

SOLD DATE : 08/28/2024

Key Details

Sold Price $1,150,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS24095714

Sold Date 08/28/24

HOA Y/N Yes

Year Built 1985

Lot Size 0.278 Acres

Property Description

Welcome to the heart of Redlands! Generate income from 4 properties in a desirable neighborhood with a steady rental income stream. The property is conveniently located close to public transportation, highways, restaurants, schools, shopping centers, parks and major transportation routes. Residents will have easy access to all amenities. Building Features: 1 unit is a three bedroom, 2 bath & a fireplaces in living room. 2 units are two-bedroom 2 bath. another 1 unit is a one-bedroom, one-bath. The rent is below market due to long-term tenants. Each unit has excellent surface planting, providing additional rental income potential for future growth. Monthly HOA dues are $684. The HOA pays for dumpsters and normal gardening, conducts regular security patrols, and sets aside reserves to maintain the asphalt behind all buildings to provide a professionally maintained appearance. Each unit has individual electric and gas meters. All 4 units have their own garages, plus 3 covered parking spaces and 2 open parking spaces. Separate gas & electric meter in each unit tenant pays themself. Owner pays water, exterior electric and hot water tank gas bill.

Location

State CA

County San Bernardino

Area 268 - Redlands

Interior

Heating See Remarks

Cooling See Remarks

Flooring See Remarks

Fireplaces Type See Remarks

Fireplace Yes

Appliance Gas Water Heater

Laundry See Remarks

Exterior

Garage Detached Carport, Garage, Garage Faces Rear

Garage Spaces 4.0

Carport Spaces 3

Garage Description 4.0

Fence None

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

Amenities Available Maintenance Front Yard

View Y/N No

View None

Roof Type Composition

Accessibility Parking

Total Parking Spaces 9

Private Pool No

Building

Lot Description Landscaped

Faces South

Story 2

Entry Level Two

Foundation See Remarks

Sewer Public Sewer, Unknown

Water Public

Architectural Style See Remarks

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 0167271360000

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by HELEN CHAN • IRN REALTY • 626-632-3688
Bought with RYAN MCKEE • NEST REAL ESTATE

John Labick

Broker Associate | License ID: 01991075

+1(661) 212-1339

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