Two-Bedroom Co-op
For Sale
$260,000
20 N Center Street, Redlands, CA 92373
Redlands, CA
Property Size1,153 SF
Lot Size3.13 Acres
Price / SF$225.50
Days on Market10
Property Features for 20 N Center Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Rooms
Bathroom 1, Kitchen, Bedroom 1, Bathroom 2, Bedroom 2, Laundry Room
Parking
1
Fireplace
1
Elementary school district
Redlands Unified
Middle school district
Redlands Unified
High school district
Redlands Unified
Directions
From Redlands Blvd. South on Center to address
Subdivision
268 - Redlands
Standard status
Active
APN
0171392144001
Size
1,153 SF
Lot size
3.13 Acres
Taxes and HOA fees
HOA Fee
$950 Monthly
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
pool
BBQ area
Building Details
Year built
1956
Floors in Building
1
Number of units
1
Listing Agency:
Dalton Real Estate
(805) 380-6132
Listed By:
Emmett Dalton · License #00959147
(805) 496-6132
Added: Sep 30
Changed: Oct 6
Last Checked: Oct 9 at 2:06AM
MLS# OC26213386
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 two-bedroom, two-bathroom co-op residence offers 1,153 square feet of living area and was built in 1956. Improvements include central air conditioning, kitchen appliances, a refreshed bathroom, and new flooring. The home also has a fireplace and an attached garage.
Residents have access to a community pool and barbecue area. The co-op is available to cash buyers, and monthly HOA fees cover property taxes.
Residents have access to a community pool and barbecue area. The co-op is available to cash buyers, and monthly HOA fees cover property taxes.
Key Highlights
- Two bedrooms and two bathrooms across 1,153 square feet
- Central air conditioning, new kitchen appliances, bathroom updates, and new flooring
- Attached garage and fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,207
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,140
$204.1K
Cap Rate 7%
$145,814
$145.8K
Cap Rate 9%
$113,411
$113.4K
Market Conditions
NOI Build-Up for 1,153 SF
Gross rent
$19.8K $17.16/SF
− Vacancy
−$1.2K −$1.06/SF
EGI
$18.6K $16.10/SF
− OpEx
−$8.4K −$7.24/SF
NOI
$10.2K $8.85/SF
Area
San Bernardino County, CA
Vacancy
6.20%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,140
Cap Rate 7%
$145,814
Cap Rate 9%
$113,411
Alternative Uses
Best Use
Apartment 5plus
$145.8K
$127.6K – $170.1K
NOI $10,207 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$243.2K
$212.8K – $283.8K
NOI $17,025 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,125
Businesses Nearby
Explore this area
Business Placement
Demographics for 92373, CA
35,348
Population
14,501
Households
2.4
Avg Household Size
41
Median Age
53%
College-Educated
94%
High-School Grad
39.8 sq mi
ZIP Area
888
Density / Sq Mi
$99,354
Median Household Income
$64,533
Median Earnings
$1,886
Median Rent
$713,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated interiors, an attached garage, and shared pool and barbecue amenities complement this cash-only co-op.
Where is this residential income property located?
The property is located at 20 N Center Street Redlands, CA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms across 1,153 square feet; Central air conditioning, new kitchen appliances, bathroom updates, and new flooring; Attached garage and fireplace
