Updated Quadplex with Covered
For Sale
$1,074,999
1140 Oxford Dr, Redlands, CA 92374
The property combines two- and three-bedroom floor plans with individual covered parking.
Property Size4,006 SF
Price / SF$268.35
Days on Market48
Property Features for 1140 Oxford Dr
General Information
Standard status
Active
Size
4,006 SF
Property subtype
Multi-Family
Net Operating Income
$50,158
Units
Unit Mix
2 x 3BR, 2 x 2BR
Multifamily Units
4
Additional Details
Gross Income
$81,288
Highway Access
Yes
Amenities
community laundry room
Building Details
Year Built
1985
Listing Agency:
Realty Masters & Associates
Listed By:
Joe Marroquin · License #01332311
(909) 557-3802
Source:
Robertandchristy
Added: Sep 15
Changed: Oct 25
Last Checked: Oct 7 at 1:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Masters & Associates
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,006-square-foot quadplex, built in 1985, contains four separate residences: two three-bedroom units and two two-bedroom units. Each unit includes a garage and covered carport, with additional off-street parking available on the property. A shared laundry room serves the building. Improvements include a new roof, new exterior paint, and PEX plumbing throughout.
The property is located in Redlands with access to Downtown Redlands, nearby freeway routes, and the University of Redlands. Its combination of varied floor plans, extensive covered parking, and updated building systems provides a clearly defined multifamily configuration.
The property is located in Redlands with access to Downtown Redlands, nearby freeway routes, and the University of Redlands. Its combination of varied floor plans, extensive covered parking, and updated building systems provides a clearly defined multifamily configuration.
Key Highlights
- Four‑unit quadplex with two 3‑bedroom units and two 2‑bedroom units
- 4006‑square‑foot property built in 1985
- New roof, new exterior paint, and PEX plumbing throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,852
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,040
$817.0K
Cap Rate 7%
$583,600
$583.6K
Cap Rate 9%
$453,911
$453.9K
Market Conditions
NOI Build-Up for 4,006 SF
Gross rent
$62.0K $15.48/SF
− Vacancy
−$3.7K −$0.91/SF
EGI
$58.4K $14.57/SF
− OpEx
−$17.5K −$4.37/SF
NOI
$40.9K $10.20/SF
Area
San Bernardino County, CA
Vacancy
5.89%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,040
Cap Rate 7%
$583,600
Cap Rate 9%
$453,911
Alternative Uses
Best Use
Multifamily LT 5
$583.6K
$510.7K – $680.9K
NOI $40,852 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$506.6K
$443.3K – $591.1K
NOI $35,464 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$845.0K
$739.4K – $985.8K
NOI $59,150 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Explore this area
Business Placement
Demographics for 92374, CA
43,587
Population
15,038
Households
2.9
Avg Household Size
35
Median Age
37%
College-Educated
90%
High-School Grad
17.9 sq mi
ZIP Area
2,435
Density / Sq Mi
$96,237
Median Household Income
$41,349
Median Earnings
$1,972
Median Rent
$494,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - The property combines two- and three-bedroom floor plans with individual covered parking.
Where is this quadplex located?
The property is located at 1140 Oxford Dr Redlands, CA.
What is the asking price?
The asking price for this property is $1,074,999.
What are key features of this property?
This property features: Four‑unit quadplex with two 3‑bedroom units and two 2‑bedroom units; 4006‑square‑foot property built in 1985; New roof, new exterior paint, and PEX plumbing throughout
