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Residential Income Property

111 N Center Redlands, CA 92373

111 N Center, Redlands, CA, 92373
$155,000
Pending
For Sale
$155,000
Pending

MULTI_FAMILY - Redlands, CA

Property Size567 SF
Days on Market76

Property Features for 111 N Center

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
1
Bathrooms
1
Rooms
Kitchen, Laundry Room, Bathroom 1, Bedroom 1
Parking
2
Parking features
Assigned, Carport
Patio and Porch features
Porch
Interior features
Storage, Cathedral Ceiling(s)
Appliances
Water Heater, Refrigerator, Gas Range
Standard status
Pending
APN
0171393024006
Size
567 SF

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Wall Furnace
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public

Building Details

Year built
1956
Floors in Building
1
Number of units
1
Flooring type
Wood, Laminate
Additional Structures
Storage
Listing Agency Keller Williams Pacific Estate
2883 E Spring Street Ste.100, Long Beach, CA
Listed by Susan Wyant · License #01880319
Added: May 7 Updated: Jul 21 at 12:25 am Checked: Jul 21 at 2:06 am
MLS# PW26100681

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This residential income property is being offered for sale in Redlands, California. The listing reflects a total size of 567 square feet, categorized as an “other residential income” type within the provided property information.

The property address is 111 N Center, Redlands, CA 92373, in San Bernardino County.

The listing data provided does not include additional building details such as unit count, layout, or condition, so those items should be confirmed during due diligence.

Key Highlights

  • Built in 1956
  • Interior features include storage and cathedral ceilings
  • Kitchen appliances include refrigerator and gas range

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $9.7k $17.16
− Vacancy −$603 −$1.06
EGI $9.1k $16.10
− OpEx −$4.1k −$7.24
NOI $5.0k $8.85
567 SF · lease $17.16/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$71.7K
$62.8K – $83.7K (±1% cap)
NOI $5,020 @ 7.0% cap · market cap 3.24%
Second Best
no second resolved use
Theoretical Best
Office A
$119.6K
$104.7K – $139.5K (±1% cap)
NOI $8,372 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Fish Market (Bike/Boat/Book/etc) Store Restaurant Supermarket (Bike/Boat/Book/etc) Store Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential income property - For sale residential income property in Redlands, California with a listed size of 567 square feet.
Where is this residential income property located?
The property is located at 111 N Center Redlands, CA.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Built in 1956; Interior features include storage and cathedral ceilings; Kitchen appliances include refrigerator and gas range
Contact an agent
More about this property
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