Redlands, CA 92373,230 S Buena Vista ST
Redlands, CA 92373,230 S Buena Vista ST
Redlands, CA 92373,230 S Buena Vista ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,225,000
Est. payment /mo
3,396 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,396 sqft

Price per Sqft $360

MLS Listing ID 25565809

HOA Y/N No

Year Built 1910

Lot Size 0.251 Acres

Property Description

Rare Redlands 5-Unit Surrounded by Single Family Homes with Immediate Rental Potential. Located on one of central Redlands' quietest residential streets, 230 S Buena Street is one of the only multifamily properties in the area. This low-density, well-maintained five-unit is currently operating at a 5.37% cap rate, with four of five units below market and an estimated $525 in monthly rent growth available. The unit mix includes three two-bedroom units, one one-bedroom, and one studio. Amenities include five garages, open parking, onsite laundry, and one unit with its own in-unit washer and dryer. The roofs have been recently replaced, and the property is separately metered for electricity, helping reduce owner-paid utility costs. Tenants benefit from proximity to Downtown Redlands, Prospect Park, the University of Redlands, and convenient access to the I-10 and 210 Freeways. This is a rare opportunity for investors seeking stable cash flow, strong tenant demand, and rental upside in one of Redlands' most supply-constrained neighborhoods.

Location

State CA

County San Bernardino

Area 268 - Redlands

Zoning R3

Interior

Fireplace No

Exterior

Parking Features On Street

Total Parking Spaces 8

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 0171312200000

Special Listing Condition Standard


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CRMLS – RECore
Listed by Oscar Diaz Marcus & Millichap

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