Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

17

Building size

11,619 sqft

Lot size

1.4 sqft

Year built

1906

Stories

1

Garage spaces

4

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

0

MLS #

247567735

About this property

An extremely rare opportunity to acquire seventeen classic units on three lots in the heart of historic South-Side Redlands. The offering includes all buildings on W. Olive from Center Street to Michigan Avenue (610–634 W. Olive, 127 Center, and 132 Michigan). The buildings still display their original names from the early 1900s, when they were “Winter Bungalows” where wealthy “Easterners” enjoyed the orchards and warm winter climate of Redlands. Each unit is unique. Some are more modern, but most are original and feature fireplaces, hardwood floors, formal dining rooms, roll-under beds that double as desks when rolled in, built-in hutches, large closets, sun porches, patios, and evening front porches. Other original details include ceiling treatments, real ice boxes (for use with real ice), and well-preserved hexagonal floor tiles. Imagine ladies with parasols enjoying lawn bowling on the broad green lawns. The carports were likely built for horse-drawn carriages. Enjoy a walk around, but please do not disturb the tenants. Some landscapes have been watered by AI.

Location

626 W Olive

Redlands, San Bernardino, CA, 92373