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403 Cajon Street, Redlands, CA 92373

$1,275,000
Multi Family MLS# EV17130532 ID: 45807167
$1,275,000 Get Rates

The "Old University Club" apartments are centrally located in the coveted south Redlands market. High demand rent area provides very little turnover. Collectively a total of 9 units with a mix of studios, one bedrooms and a two bedroom. Rents are under market rates which provides an upside opportunity to a new investor. Located on the south east corner of Fern Ave & Cajon St, directly across from Beaver Medical Group and 3 blocks to downtown Redlands amenities. Generational opportunity to acquire a unique property, with value add potential in a historically high demand rental market. Always re-rented within 1-2 weeks of a turnover. Annual gross income on actual rents is $94,620ÿ±.

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Location Information near 403 Cajon Street
Offered by Nathan Diones at REGIONCY REAL ESTATE

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Property Features for 403 Cajon Street
Status
Market Status
Available
Last Updated
October 21, 2017
Description
Property Type
Multi Family
Year Built
1930
Stories
2.0
Sq. Feet
7,583

Building Features

  • Cooling System: Wall or Window Air Conditioner(s)
  • Heating System: Wall Heating Unit

Exterior Features

  • Parking: Unassigned Parking

Location

  • MLS Area: 268 - Redlands

Data Provided by California Regional Multiple Listing Service

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More information about this $1,275,000 Multi Family at 403 Cajon Street

This $1,275,000 Multi Family at 403 Cajon Street in Redlands, CA is presented by Nathan Diones. This $1,275,000 Multi Family, located in the 92373 zip code, has the following property features: MLS Area, Parking, Cooling System, Heating System. This 403 Cajon Street Multi Family, located in San Bernardino County , is listed under MLS listing number EV17130532 and has a listing price of $1,275,000. You can find more REDLANDS homes for sale here.