CA > Redlands
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. Located on a quiet residential block just off Olive Avenue, 230 S Buena Street is one of the only multifamily properties in this central Redlands neighborhood. The property consists of five units including two two-bedroom units, one one-bedroom unit, and two studios, one of which is oversized. It is currently operating at a 5.31% cap rate with a pro forma cap rate of 6.27%. One unit includes its own in-unit washer and dryer, while the remaining four share a common laundry room. The 10,920 square foot lot includes five garages, four assigned parking spaces in the rear, and additional open parking. Recent roof replacements and separate electric meters help reduce operating costs and improve efficiency. The location offers walkable proximity to Downtown Redlands, Prospect Park, and the A.K. Smiley Public Library, with easy access to the I-10 and 210 Freeways connecting to Riverside, San Bernardino, and surrounding job hubs.

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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