521 Courier Avenue
Redlands, CA 92374
Sold
Welcome to the heart of Redlands! Generate income from 4 properties in a desirable neighborhood with a steady rental income stream. The property is conveniently located close to public transportation, highways, restaurants, schools, shopping centers, parks and major transportation routes. Residents will have easy access to all amenities. Building Features: 1 unit is a three bedroom, 2 bath & a fireplaces in living room. 2 units are two-bedroom 2 bath. another 1 unit is a one-bedroom, one-bath. The rent is below market due to long-term tenants. Each unit has excellent surface planting, providing additional rental income potential for future growth. Monthly HOA dues are $684. The HOA pays for dumpsters and normal gardening, conducts regular security patrols, and sets aside reserves to maintain the asphalt behind all buildings to provide a professionally maintained appearance. Each unit has individual electric and gas meters. All 4 units have their own garages, plus 3 covered parking spaces and 2 open parking spaces. Separate gas & electric meter in each unit tenant pays themself. Owner pays water, exterior electric and hot water tank gas bill.
PROPERTY INFORMATION
MLS # | WS24095714 | Lot Size | 12,111 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Quadruplex |
Price | $ 1,150,000
Price Per SqFt: $ 287 |
DOM | 439 Days |
Address | 521 Courier Avenue | Type | Residential Income |
City | Redlands | Sq.Ft. | 4,006 Sq. Ft. |
Postal Code | 92374 | Garage | 4 |
County | San Bernardino | Year Built | 1985 |
Bed / Bath | 9 / 0 | Parking | 9 |
Built In | 1985 | Status | Closed |
Sold Date | 2024-08-28 |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | See Remarks |
Has Fireplace | Yes |
Fireplace Information | See Remarks |
Has Appliances | Yes |
Kitchen Appliances | Gas Water Heater |
Has Heating | Yes |
Heating Information | See Remarks |
Room Information | Entry |
Has Cooling | Yes |
Cooling Information | See Remarks |
Flooring Information | See Remarks |
EntryLocation | front door |
Entry Level | 1 |
Has Spa | No |
SpaDescription | None |
WindowFeatures | Blinds |
EXTERIOR FEATURES
FoundationDetails | See Remarks |
Roof | Composition |
Has Pool | No |
Pool | None |
Has Fence | No |
Fencing | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,227
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
08/28/2024 | Sold | $1,150,000 |
08/02/2024 | Pending | $1,150,000 |
06/01/2024 | Price Change | $1,150,000 (-2.54%) |
05/12/2024 | Listed | $1,180,000 |

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Listing provided courtesy of HELEN CHAN, IRN REALTY. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.