Sold
Listing Courtesy of: CRMLS / Cb Richard Ellis / Eric Chen - Contact: 626-757-5717
108 W Olive Avenue Redlands, CA 92373
Sold (314 Days)
$970,000 (USD)
3,172
SQFT
Description
MLS #:
CV25181651
CV25181651
Lot Size
0.27 acres
0.27 acres
Type
Multifamily
Multifamily
Year Built
1910
1910
County
San Bernardino County
San Bernardino County
Listed By
Eric Chen, Cb Richard Ellis, Contact: 626-757-5717
Bought with
Shelli Canales, DRE #02049039 CA, Coldwell Banker Residential Br
Shelli Canales, DRE #02049039 CA, Coldwell Banker Residential Br
Source
CRMLS
Last checked Oct 26 2025 at 10:41 AM GMT+0000
CRMLS
Last checked Oct 26 2025 at 10:41 AM GMT+0000
Bathroom Details
Interior Features
- Laundry: Common Area
Heating and Cooling
- Wall Furnace
- Wall/Window Unit(s)
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Stories
- 2
Additional Information: Cb Richard Ellis | 626-757-5717
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
108 W Olive Avenue is located south of Interstate 10 and is situated between S 4th 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 city’s top employer) and the University of Redlands; and within five miles of Loma Linda University Medical Center.
108 W Olive Avenue offers convenient access to the 10, 210 and 215 freeways and neighboring cities in the county—Loma 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 1910, 108 W Olive Avenue is comprised of a two-story building with four apartment units comprising of one-bedroom/one-bath units. The property has a lot size of ±11,920 square feet and total rentable square feet of approximately ±3,172 square feet. The units feature built-in cabinetry, high ceilings, ceiling fans, wall air conditioning and heating, and included appliances. The common areas feature lush landscaping with large mature trees and an on-site laundry facility.
108 W Olive Avenue is an income-producing property and a great long-term value-add investment opportunity. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.