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217 Judson St Redlands, CA 92374

For Sale
$1,175,000

Four-unit apartment complex in Redlands with attractive unit mix.

Lot size:
0.17 Acres

Property Features for 217 Judson St

General Information

Lot size
0.17 Acres

Building Details

Year built
1964

Source: LE INVESTMENT GROUP Agent ALBERT LE

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


Overview

Redlands Multifamily Investment Opportunity

Located at 217 Judson Street, Redlands CA 92374, this multifamily property presents an investment opportunity in Redlands. Constructed in 1964, the well-maintained apartment complex is positioned on a 0.167-acre lot. The property features four units with an attractive unit mix consisting of one 3-bedroom, 2-bathroom unit and three 2-bedroom, 1-bathroom units. Additional features include four individual single-car garages and an on-site laundry room. The property has new plumbing and central AC/heating. The property has strong rents with long-term tenancy. ProForma CAP Rate of 5.04%. Possible FHA Financing Options: Eligible with as little as 3.5% down.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Redlands
County
San Bernardino
State
California
Longitude
-117.1567919
Latitude
34.0582032

FAQs

What type of property is this?
Quadplex - Four-unit apartment complex in Redlands with attractive unit mix.
Where is this quadplex located?
The property is located at 217 Judson St Redlands, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: - ProForma CAP Rate of 5.04%; - Attractive Unit Mix: features (1) 3B2B Unit, and (3) 2B/1B Units; - New Plumbing and Central AC/Heating
More about this property
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