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403 Cajon Street, Redlands, CA 92373

$1,260,000

  • Sold
  • Closed
  • Multi-Family
  • Updated 5 days ago
403 Cajon Street, Redlands, CA 92373View this property at 403 Cajon Street, Redlands, CA 92373
403 Cajon StreetRedlandsCA92373
Map & Location
Street View
Property Description
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 ± $99,180.00 and climbing. Please see attached marketing package or email broker for full income / expense summary.

Full Property Details for 403 Cajon St

General

  • Sold For: $1,260,000
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: EV17130532
  • Added: 495 day(s) ago

Interior

  • Flooring: Carpet, Tile, Vinyl

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Unassigned
  • Parking: Unassigned

Location

  • Area: 268 - Redlands
  • County: San Bernardino
  • Development Name: 268 - Redlands
  • Driving Directions: Cajon and Fern

Heating & Cooling

  • Cooling Type: Wall Window
  • Heating Type: Wall Heater

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 1
  • # Electric Meters: 10

Structural Information

  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 7,583
  • Year Built: 1930

Unit Information

Unit 1

  • Number of Units: 2
  • Total Bathrooms: 1

Unit 2

  • Number of Units: 6
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size Source: Assessor
  • Lot Description: 11-15 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $166.16

Listed by Regioncy Real Estate, NATHAN DIONES

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Your Property Information

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Schools

Schools serving 403 Cajon St

Score
Name
Grades
Distance
7
600 Cajon St, Redlands, CA 92373
K-5
0.3 mi
7
1000 West Cypress Avenue, Redlands, CA 92373
6-8
0.8 mi
8
840 East Citrus Ave, Redlands, CA 92374
9-12
0.4 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 403 Cajon St

Date
Details
Price
Change
Source
10/10/2018
Sold
$1,260,000
-1.18%
MLS
6/09/2017
Listed
$1,275,000
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Community Info

Community Info for 403 Cajon St

Listed by Regioncy Real Estate, NATHAN DIONES

403 Cajon Street, Redlands, CA 92373 (MLS# EV17130532) is a Multi-Family property that was sold at $1,260,000 on October 10, 2018. Want to learn more about 403 Cajon Street? Do you have questions about finding other Multi-Family real estate for sale in Redlands? You can browse all Redlands real estate or contact a Coldwell Banker agent to request more information.