24 Grant St - Apartments FOR SALE


Redlands, CA 92373- South Redlands
$1,595,000 USD
909-377-4090
24 Grant St, Redlands, CA for Sale
$1,595,000 USD
Apartments - FOR SALE
1/46
null | Request Cap Rate

24 Grant St
Redlands, CA 92373
South Redlands


HIGHLIGHTS

  • Prime location neighboring The Redlands Bowl
  • Charming historic building
  • 4 single car garages

OVERVIEW

Seven unit apartment complex with two separate buildings, four garages, private yard for tenants, and coin laundry - located directly across from the historic Redlands Bowl and Jocelyn Senior Center, one block from the AK Smiley Public Library, and adjacent to Smiley Park. On the market for the first time in over fifty years, 'The Prosellis' apartments offer a unique opportunity for either a live in owner, or an investor who is looking for an A+ location with rents that are currently under market rate. Our front building consists of four one bedroom units, two studios, and a common laundry area (est. 3484 sq ft). The back building (est. 1134 sq ft), which has it's own private yard, is a two bedroom apartment located on top of the four separate garages. A basement underneath the front building provides ample storage space for ownership, and easy access to systems like water heaters, plumbing, and electrical. The four garages open up to the alley. Excellent Redlands Schools.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$345 USD /SF

# OF UNITS

7000

PRICE/UNIT

$228

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

-

APN/PARCEL ID

0171-241-19

ASK ABOUT THIS PROPERTY

Joseph ShawShaw Real Estate BrokersMore Info
909-377-4090

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Joseph ShawShaw Real Estate BrokersMore Info
909-377-4090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.