Homes for sale - 610 E Lugonia AVE #4, Redlands, CA 92374

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,170,000

Est. payment - /mo

0.3 Acres Lot

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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS25085542

HOA Y/N Yes

Year Built 1985

Lot Size 0.303 Acres

Property Sub-Type Apartment

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. Seller replaced all units plumbing work and termite work already completed treats. Unit Features:
Unit # A: 3-bedrooms, 2 bathrooms, and a cozy fireplace in the living room.
Unit # B, 2-bedrooms and 2 bathrooms and a small size of patio off the kitchen.
Unit # C, 2-bedrooms and 2 bathrooms and a deck off the kitchen.
Unit D: 2 bedrooms and 1 bathroom, with a spacious living area and a deck above the laundry room.
Rental Income: Rents are below market due to long-term tenants. Each unit has an excellent floor plan that provides additional rental income potential for future growth. Each unit has its own electric and gas meters. Landlord pays water for the hot water tank for all 4 unit.
Monthly HOA dues are $718. 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.

Location

State CA

County San Bernardino

Area 268 - Redlands

Interior

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Carport

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Front Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 0167271350000

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by HELEN CHAN • IRN REALTY • 626-632-3688

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