Redlands, CA 92373,305 W Olive Avenue
Redlands, CA 92373,305 W Olive Avenue
Redlands, CA 92373,305 W Olive Avenue
$1,150,000
Est. payment /mo
$1,300,000
11.5%
Est.Price: ?

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2 Beds
8,400 Sqft Lot
SOLD DATE : 11/18/2025

Key Details

Sold Price $1,150,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV24226009

Sold Date 11/18/25

Bedrooms 2

Lot Size 8,400 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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

Location

State CA

County San Bernardino

Zoning Assessor

Direction Merge onto I-10 E, Take exit 79 toward Orange St/CA-38/Downtown Redlands, Turn right onto Eureka St, Turn right onto W Olive Ave

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 0171321220000

Acceptable Financing Cash

Listing Terms Cash

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MLS Router / San Diego MLS
Listed by Eric Chen CB RICHARD ELLIS
Bought with Eric Chen CB RICHARD ELLIS
Kobe Zimmerman

+1(858) 753-3353

kobezimmerman@bhhscal.com

Serving San Diego County, United States

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