621 Church St - Apartments FOR SALE


Redlands, CA 92374- North Redlands
$15,250,000 USD
714-746-2842
621 Church St, Redlands, CA for Sale
$15,250,000 USD
Apartments - FOR SALE
1/5
null | 4.93% Cap Rate

621 Church St
Redlands, CA 92374
North Redlands


HIGHLIGHTS

  • * Strategic Location: Only one block from the University of Redlands and near Historic downtown
  • * Strong rental demand from students, professionals, and families.
  • *Spans over 3 acres with 7 buildings and encompassed by a park like setting and ability to add ADUs -Plans for 5
  • * Rare mix of 1-, 2-, and 3-bedroom designs. Included Washer/dryer and large PRIVATE outdoor space
  • * Gated property with controlled access.
  • * Reposition Opportunity: Potential to enhance income with further updates, ADU construction, and rent optimization

OVERVIEW

Pebble Brook Apartments in beautiful quaint Redlands, CA offers residents a highly advantageous location that blends convenience, community, and quintessential Southern California charm. Situated just one block from the University of Redlands and Historic downtown Redlands, this address places you within easy walking distance of vibrant local eateries, boutique shops, cultural attractions, parks, and community events — making it ideal for students, professionals, and anyone who enjoys a lively yet relaxed neighborhood atmosphere. Pebble Brook offers 1, 2,and 3 bedroom units that are spacious and well though out and a true sense of home. Amenities that offer tenants comfort, security are very ample. Proximity to major roads like the 10 Freeway also means commuting to nearby cities and key employment centers is simple and efficient. The gated, park-like setting further enhances the appeal, giving residents a sense of tranquility amidst an urban-friendly environment. Beyond its enviable location, living at Pebble brook brings everyday lifestyle benefits that many find truly rewarding. The community features thoughtfully designed floor plans with spacious patios and or balconies, modern kitchens, and in-unit conveniences like full-size washers and dryers, allowing for comfortable and functional living. Being in such a central and connected part of Redlands means essential services like schools, shopping, and recreational amenities are all close by. For the astute investor Pebble Brook offers several options for upside- whether its further upgrades, ADU construction or focused management this asset provides all the avenues. With 7 living buildings spanning over 3 acres, and garages for all - this project offers opportunities for income streams waiting to be capitalized on.

FOR SALE DETAILS

PRICE

$15,250,000 USD

PRICE/SF

$335 USD /SF

# OF UNITS

52

PRICE/UNIT

$293,269

CAP RATE

4.93%

% LEASED

99%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pebble Brook

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.07 AC

LAND SF

133,729 SF

ZONING

-

APN/PARCEL ID

0169-192-13

ASK ABOUT THIS PROPERTY

Joseph ChavezKW CommercialMore Info
714-746-2842

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Joseph ChavezKW CommercialMore Info
714-746-2842

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