1128 W Palm Avenue Redlands, CA ^$ 1,500,000

1128 W Palm Avenue

^$ 1,500,000

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1128 W Palm Avenue

Redlands, CA, 92373

^$ 1,500,000

Bedrooms9 Baths1.0 Sq 8,709

Monthly Estimate*

^$ 9,969

Listed by Berkshire Hathaway Homeservices California Realty

1128 W Palm Avenue, Redlands, CA 92373 - Image 1

1128 W Palm Avenue, Redlands, CA 92373 - Image 2

1128 W Palm Avenue, Redlands, CA 92373 - Image 3

1128 W Palm Avenue, Redlands, CA 92373 - Image 4

1128 W Palm Avenue, Redlands, CA 92373 - Image 5

1128 W Palm Avenue, Redlands, CA 92373 - Image 6

1128 W Palm Avenue, Redlands, CA 92373 - Image 7

1128 W Palm Avenue, Redlands, CA 92373 - Image 8

1128 W Palm Avenue, Redlands, CA 92373 - Image 9

1128 W Palm Avenue, Redlands, CA 92373 - Image 10

1128 W Palm Avenue, Redlands, CA 92373 - Image 11

1128 W Palm Avenue, Redlands, CA 92373 - Image 12

1128 W Palm Avenue, Redlands, CA 92373 - Image 13

1128 W Palm Avenue, Redlands, CA 92373 - Image 14

1128 W Palm Avenue, Redlands, CA 92373 - Image 15

1128 W Palm Avenue, Redlands, CA 92373 - Image 16

Multi-Family Home for sale in Redlands, CA

for $1,500,000 with 9 bedrooms and 1 full bath. This 8,709 square foot home was built in 1930 on a lot size of 0.4492.

Drive by only! Cash offers, Property sold As Is. Sale includes a total of 4 APN#: #1) victorian home with 5 units: 4- 1 bed/ 1 bath and 1 studio. land use is Apartment 5-14 units, #2) Quadplex: 2 studio, 1 -1 bed/ 1 bath, 1- 2 bed/ 1 bath. land use is quad ( there is a community laundry in this building) #3) 8 unit apartment: land use apartment 5-14 units. 6- studio's, 2- 1 bed/ 1 bath. #4) vacant land. The total combined lot size is approx 1.41 acres. Street addresses are 1122 W Palm Ave and 1128 W Palm Ave.

Multi-Family Pending

Price

^$ 1,500,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.4492

Year Built

1930

Town/City

Redlands

County/Region

San Bernardino

MLS | Web ID

EV24072831

Days on Market

Features

General

Sewer PublicSewer

Cooling None

Garage Spaces 0.0

Pool Features None

Exclusions tenants personal property portable storage units and sheds.

Year Built 1930

Tenant Pays None

Property SubType MixedUse

Gross Income 111840.0

Community Features Biking

Additional Parcels Description 017234113 017234112 017234117

County San Bernardino

Net Operating Income 54266.0

Operating Expense 57574.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency Seller to find and close on replacement property. They are actively looking

Garage Y/N N

Special Listing Conditions Standard Trust

Status Pending

Directions Exit I10 at Tennessee Ave. go south to Palm Ave and turn left.

City Redlands

Entry Location 2

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 17

MLS Area 268 - Redlands

Lot Size Units SquareFeet

Lot Size Square Feet 19565.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 12

Street Name Palm

Listing Terms Cash

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 34464.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 14497.0

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 9

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 4

Total Actual Rent 9320.0

Property Sub Type Additional MixedUse

Exterior

Lot Features FrontYard LotOver40000Sqft Level Yard

Water Source Public

Total Parking 0.0

Inclusions 4 APN# 0172341130000 0172341120000 0172341140000 017234117

Lot Size Area 19565.0

Number of Buildings 3

Spa N

Building Area Total 8709.0

Lot Size Acres 0.4492

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 1

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea

Entry Level 2

Electric On Property Y/N N

Internal Only

Street Number 1 1128

* Excluded Features

List By

Berkshire Hathaway Homeservices California Realty

Broker

(909) 583-9600

Phone

Affordability Calculator

$9,969

Per Month

Monthly Principal & Interest: $9,969
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Redlands, CA

Average List Price ^$1,183,250

Percent of Sale Price 21%

About Redlands, CA

72,418 Population

13% Since 2002

^$69,226 Median Income

37.26 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/17/2024	$1,500,000		Listed Price

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1128 W Palm Avenue, Redlands, CA, 92373 is a Multi-Family Home for sale at $1,500,000 with 8,709 sqft and a lot size of 0.4492. 1128 W Palm Avenue has 9 bedrooms, 1.0 baths, and was built in 1930. The property's zip code is 92373 which is in Redlands, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/3/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1128 W Palm Avenue

Multi-Family Home for sale in Redlands, CA

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