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    323 E Colton Ave Redlands, CA 92374

    For Sale
    $650,000

    Fully leased duplex near University of Redlands and downtown.

    Lot size:
    0.13 Acres

    Property Features for 323 E Colton Ave

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1891

    Source: THE ASSOCIATES REALTY GROUP Agent DANIEL GRUNER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Duplex Near University

    This is a duplex property featuring two units. The property includes a spacious 2-bedroom, 1-bath unit downstairs and a 1-bedroom, 1-bath unit upstairs. It also has a single-car garage and a storage room. A shared laundry room is available, equipped with two washers and two dryers. The roof was replaced in 2016. The property has separate meters for electricity. The lot is fully landscaped. The units are in great condition and fully leased with long-term tenants.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Redlands
    County
    San Bernardino
    State
    California
    Longitude
    -117.1783767
    Latitude
    34.0630517

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    FAQs

    What type of property is this?
    Duplex - Fully leased duplex near University of Redlands and downtown.
    Where is this duplex located?
    The property is located at 323 E Colton Ave Redlands, CA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Fully leased duplex providing immediate rental income.; - Close proximity to University of Redlands and downtown.; - Two units: a spacious 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit.
    (949) 521-0781
    Request Owner's contact information
    323 E Colton Ave Redlands, CA 92374
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    Redlands, CA 92374
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    Realmo Value Estimation

    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.

    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.

    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
    323 E Colton Ave Redlands, CA 92374
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