Search
17-Unit Historic Apartment Property
New
For Sale
$4,449,000

626 W Olive, Redlands, CA 92373

Three-lot residential offering with early-20th-century character and varied apartment interiors.

Property Size11,619 SF
Days on Market1

Property Features for 626 W Olive

General Information

Standard status Active
Size 11,619 SF
Property subtype Investment

Building Details

Building Size 11,619 SF
Year Built 1906
Stories 1
Units 17
Listing Agency: Corcoran Group of California Inc.
Listed By: Daniel Corcoran · License #00451125
Source: Elliman
Added: Sep 30 Last Checked: Sep 30 at 3:59PM

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 Corcoran Group of California Inc.

Investment Insights

Based on property information with market context.

This 17-unit apartment property spans three lots and dates to 1906. The residences vary in layout and finish; most retain original details, while some have been modernized. Features found among the units include fireplaces, hardwood floors, formal dining rooms, built-in hutches, large closets, sun porches, patios, and front porches. Other preserved elements include hexagonal floor tile and distinctive ceiling treatments.

The property is located in Redlands, with buildings at 610–634 W. Olive, 127 Center, and 132 Michigan. The reported Walk Score is 89 and Bike Score is 78.

Key Highlights

  • 17 apartment units across three lots
  • Built in 1906
  • Original features include fireplaces, hardwood floors, formal dining rooms, and built‑in hutches

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store Veterinary Clinic Home Appliance Store Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,620
Businesses Nearby

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
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Three-lot residential offering with early-20th-century character and varied apartment interiors.
Where is this apartment building located?
The property is located at 626 W Olive Redlands, CA.
What is the asking price?
The asking price for this property is $4,449,000.
What are key features of this property?
This property features: 17 apartment units across three lots; Built in 1906; Original features include fireplaces, hardwood floors, formal dining rooms, and built‑in hutches
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message