Residential Income
163 N Center Street Redlands, CA 92373
163 N Center Street, Redlands, CA, 92373
$155,000
For Sale
$155,000
MULTI_FAMILY - Redlands, CA
Property Size700 SF
Lot Size0.02 Acres
Price / SF$221.43
Days on Market329
Property Features for 163 N Center Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 1
- Bathrooms
- 1
- Rooms
- Kitchen, Laundry Room, Bathroom 1, Bedroom 1
- Parking
- 1
- Parking features
- Carport, Assigned
- Window features
- Double Pane Windows
- Interior features
- Quartz Counters, Unfurnished, Ceiling Fan(s), Open Floorplan, Storage
- Appliances
- Microwave, Refrigerator, Water Purifier, Gas Range, Gas Oven
- Standard status
- Active
- APN
- 0171393024027
- Size
- 700 SF
- Lot size
- 0.02 Acres
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
- Laminate
- Additional Structures
- Storage
Listing Agency
Keller Williams Pacific Estate
(562) 513-7800
2883 E Spring Street Ste.100, Long Beach, CA
Listed by
Susan Wyant · License #01880319
(562) 716-6633
Added: Aug 27, 2025 Updated: Jul 21 at 4:23 am Checked: Jul 21 at 5:06 am
MLS# PW25193798
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 offered for sale in Redlands, California. The listing includes a lot size of 0.0161 acres and a total property size of 700 square feet.
The property is located at 163 N Center Street in Redlands (San Bernardino County), within the 92373 ZIP code.
Additional property and unit configuration details were not provided with the listing information.
The property is located at 163 N Center Street in Redlands (San Bernardino County), within the 92373 ZIP code.
Additional property and unit configuration details were not provided with the listing information.
Key Highlights
- Year built: 1956
- Interior features include quartz counters, open floorplan, and ceiling fan(s)
- Kitchen appliances include microwave, refrigerator, gas range, and gas oven
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 | $12.0k | $17.16 |
| − Vacancy | −$745 | −$1.06 |
| EGI | $11.3k | $16.10 |
| − OpEx | −$5.1k | −$7.24 |
| NOI | $6.2k | $8.85 |
700 SF · lease $17.16/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$88.5K
$77.5K – $103.3K
NOI $6,197 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$147.7K
$129.2K – $172.3K
NOI $10,336 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Residential income property for sale at 163 N Center Street in Redlands, California.
Where is this single family property located?
The property is located at 163 N Center Street 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: Year built: 1956; Interior features include quartz counters, open floorplan, and ceiling fan(s); Kitchen appliances include microwave, refrigerator, gas range, and gas oven
