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    The Largest CRE Database in the US with Over 1 Million Listings

    1510 Orange Ave Redlands, CA 92373

    Sponsored
    For Sale
    $570,000

    Townhouse, Traditional - Redlands, CA

    Type:Townhouse
    Property size:
    1,600 SF
    Lot size:
    1,143.00 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 27 at 3:06 pm

    Property Features for 1510 Orange Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Townhouse
    Standard status
    Active
    Security features
    Security System
    Window features
    Double Pane Windows
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Living Room
    Bedrooms
    3
    Bathrooms
    3
    APN
    0292241510000
    Parking
    2
    Parking features
    Garage
    Interior features
    Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Recessed Lighting, Tile Counters, Panel Doors, Carbon Monoxide Detector(s), Security System, Window Features: Double Pane Windows, Screens
    Exterior features
    Fence, Community Features Included: Curbs, Gutters, Storm Drains, Street Lights
    Fencing
    Fenced
    Appliances
    Cooktop, Cooktop - Gas, Dishwasher, Garbage Disposer, Microwave, Range, Range - Gas, Refrigerator, Washer
    Size
    1,600 SF
    Lot size
    1,143.00 Acres

    Taxes and HOA fees

    Expense value
    325
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2011
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Tile, Wood
    Building materials
    Frame, Stucco
    Roof type
    Tile
    Architectural style
    New Traditional

    We can help!

    Listing Contact
    Eric Eide

    RE/MAX Masters (626) 967-1779

    Listing agent Eric Eide (909) 364-8380 License #01207980

    Listing date Jan 26, 2026

    MLS# CV26018507 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Upgraded Townhome in Gated Community

    This upgraded townhome is located within the gated community of Villa Valencia. The home features 3 bedrooms and 2.5 baths. The spacious living room includes a stacked stone floor-to-ceiling gas fireplace and hardwood floors. There is a separate dining room. The gourmet kitchen is equipped with granite counters, stainless steel appliances including a refrigerator, ample cabinet space, and porcelain tile flooring. A main floor bathroom provides convenience. Direct access is available to a 2-car garage with an automatic roll-up door and full-size washer & dryer. The master bedroom features an ensuite bathroom and walk-in closet. There are 2 additional upstairs bedrooms and a computer desk/workstation with built-in cabinets. The property includes a security system. Community amenities include a gated swimming pool & spa, clubhouse/exercise facilities, picnic areas, a tot-lot, and a basketball court. The property is located near Loma Linda University with easy freeway access and is suitable for families, students, and professionals. The lot size is 0.0262396694214876 acres and the property size is 1600 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Grove at Villa Valencia Apartment Complex Redlands CA 77 ... Property Management Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Redlands
    County
    San Bernardino
    State
    California
    Longitude
    -117.2067131
    Latitude
    34.0521966

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    FAQs

    What type of property is this?
    Residential income property - Three-bedroom townhome with upgraded features and community amenities.
    Where is this residential income property located?
    The property is located at 1510 Orange Ave Redlands, CA.
    What is the asking price?
    The asking price for this property is $570,000.
    What are key features of this property?
    This property features: - Gated community featuring a pool, spa, clubhouse, exercise facilities, picnic areas, tot-lot & basketball court.; - Upgraded kitchen boasts granite counters, stainless steel appliances (including refrigerator), and ample cabinet space.; - 3 bedrooms, 2.5 baths, including a master suite with walk-in closet.
    (909) 364-8380
    Request Owner's contact information
    1510 Orange Ave Redlands, CA 92373
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    Redlands, CA 92373
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1510 Orange Ave Redlands, CA 92373
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    We can help!
    Listing Contact
    Eric Eide
    Real Estate License ID: 01207980
    (909) 364-8380
    Learn more
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