Property Details
About this Property
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.
MLS Listing Information
MLS #
CRWS24095714
MLS Source
California Regional MLS
Interior Features
Appliances
Other
Flooring
Other
Cooling
Other
Heating
Other
Exterior Features
Roof
Composition
Foundation
Other
Pool
None
Style
Other
Parking, School, and Other Information
Garage/Parking
Detached, Garage, Garage: 4 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
521 Courier Ave is a Residential Income in Redlands, CA 92374. This – square foot property sits on a 12,111 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,150,000 and was built in 1985. This address can also be written as 521 Courier Ave, Redlands, CA 92374.
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This listing information is up-to-date as of August 30, 2024. For the most current information, please contact HELEN CHAN, (626) 632-3688
