$970,000
$975,000
0.5%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
0.27 Acres Lot
SOLD DATE : 10/22/2025
Key Details
Sold Price $970,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV25181651
Sold Date 10/22/25
Bedrooms 1
Lot Size 0.274 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
We are proud to exclusively present for sale a 4-unit apartment community located at 108 W Olive Avenue in the historic downtown district of the city of Redlands. The property is part of a portfolio which includes 305 W Olive Avenue (7 Units). The properties can be sold together or individually. 108 W Olive Avenue is located south of Interstate 10 and is situated between S 4th Street and Grant Street, south of Redlands Boulevard. It is walking distance to downtown Redlands, Olive Market, the Redlands Bowl and Smiley Library. It is within biking distance to ESRI (the citys top employer) and the University of Redlands; and within five miles of Loma Linda University Medical Center. 108 W Olive Avenue offers convenient access to the 10, 210 and 215 freeways and neighboring cities in the countyLoma Linda, Yucaipa, and Colton. It is located less than 6 miles from the San Bernardino International Airport and just a short drive from Riverside, Ontario, Moreno Valley, and San Bernardino all major logistic hubs within the region. Several significant local landmarks are also within a short distance, including: Yaamava' Resort & Casino, Big Bear Lake, Lake Arrowhead, the San Bernardino National Forest, Morongo Casino Resort & Spa and more. Built in 1910, 108 W Olive Avenue is comprised of a two-story building with four apartment units comprising of one-bedroom/one-bath units. The property has a lot size of 11,920 square feet and total rentable square feet of approximately 3,172 square feet. The units feature built-in cabinetry, high ceilings, ceiling fans, wall air conditioning and he
Location
State CA
County San Bernardino
Zoning Assessor
Direction Merge onto I-10 E, Take exit 77A for Alabama St, Turn right onto Tennessee St, Turn left onto W Redlands Blvd, Turn right onto E
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 0171291090000
Acceptable Financing Cash
Listing Terms Cash
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Bought with Shelli Canales COLDWELL BANKER RESIDENTIAL BR

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