305 W Olive Avenue, Redlands, CA

$1,300,000

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2

Beds

3

Baths

0.19

Acres

About 305 W Olive Avenue

We are proud to exclusively present for sale a 7-unit apartment community located at 305 W Olive Avenue in the historic downtown district of the city of Redlands. The property is part of a portfolio which includes 108 W Olive Avenue (4 Units). The properties can be sold together or individually. 305 W Olive Avenue is located south of Interstate 10 and is situated between Alvarado Street and Grant Street, south of Redlands Boulevard. It is walking distance to downtown Redlands, Olive Market, the Redlands Bowl and Smiley Library. It is within biking distance to ESRI (the citys top employer) and the University of Redlands; and within five miles of Loma Linda University Medical Center. 305 W Olive Avenue offers convenient access to the 10, 210 and 215 freeways and neighboring cities in the countyLoma Linda, Yucaipa, and Colton. It is located less than 6 miles from the San Bernardino International Airport and just a short drive from Riverside, Ontario, Moreno Valley, and San Bernardino all major logistic hubs within the region. Several significant local landmarks are also within a short distance, including: Yaamava' Resort & Casino, Big Bear Lake, Lake Arrowhead, the San Bernardino National Forest, Morongo Casino Resort & Spa and more. Built in 1906, 305 W Olive Avenue is comprised of one three-story mansion that was legally converted to seven units comprising of two studios, four one-bedroom/one-bath units, and one large penthouse one-bedroom/one-bathroom unit. The property has a lot size of 8,400 square feet and total rentable square feet of approximately 3,800 square feet. T

Features of 305 W Olive Avenue

MLS® # CV24226009
Price $1,300,000
Bedrooms 2
Bathrooms 3.00
Acres 0.19
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 305 W Olive Avenue
Area RIV CTY-REDLANDS (92373)
City Redlands
County San Bernardino
State CA
Zip Code 92373

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling Wall/Window
Fireplace Yes
Stories 2 Story

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Days on Market 375
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCB RICHARD ELLIS

Listing Map

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