24 Grant Street Redlands, CA $ 1,497,000
24 Grant Street
$ 1,497,000
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24 Grant Street

Redlands, CA, 92373
$ 1,497,000
Baths1.0 Sq 4,618

Monthly Estimate*

$ 9,339

Listed by Shaw Real Estate Brokers
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Studio

Multi-Family Home for sale in Redlands, CA

for $1,497,000 with 1 full bath. This 4,618 square foot home was built in 1930 on a lot size of 0.1837.

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.

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Multi-Family Contingent

Price

$ 1,497,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1837

Year Built

1930

Town/City

Redlands

County/Region

San Bernardino

MLS | Web ID

IG25011837

Days on Market

367

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected
Possession Close Of Escrow
Roof Composition
Appliances Gas Oven Water Heater
HOA Fee 0
Garage Spaces 4
Architectural Style Traditional
Pool Features None
Year Built 1930
Tenant Pays Electricity Gas
View Landmark
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 107169
Community Features Biking Curbs Park Street Lights Suburban Sidewalks
County San Bernardino
Net Operating Income 83796.87
Operating Expense 23372.3
Insurance Expense 8000
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 3137
Garage Y/N true
Special Listing Conditions Trust
Status Active Under Contract
Directions Across Grant Street from the Redlands Bowl. Traveling west on Brookside Ave turn left on Grant St. Property is on the left.
City Redlands
Entry Location South East
Senior Community Y/N false
Open Parking Spaces 0
Number Of Units Total 7
MLS Area 268 - Redlands
Lot Size Units Square Feet
Lot Size Square Feet 8000
Carport Spaces 0
Number of Units Leased 7
Listing Terms Cash 1031 Exchange Submit
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1635
Property Condition Turnkey
Trash Expense 2262
Water Sewer Expense 2262
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 7
Property Sub Type Additional Apartment
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Interior
Interior Amenities Tile Counters
Flooring Carpet Laminate
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing Wood
Parking Features Garage Garage Faces Side
Lot Features 36-40 Units/Acre
Water Source Public
Total Parking 4
Lot Size Area 8000
Foundation Details Raised
Number of Buildings 2
Spa false
Building Area Total 4618
Lot Size Acres 0.1837
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 7
Number of Separate Electric Meters 7
Road Frontage Type City Street
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* Excluded Features
List By
Shaw Real Estate Brokers

Broker

joseph@ritashaw.net

Email

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,497,000 Listed Price

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24 Grant Street, Redlands, CA, 92373 is a Multi-Family Home for sale at $1,497,000 with 4,618 sqft and a lot size of 0.1837. 24 Grant Street is a studio with 1.0 baths and was built in 1930. The property's zip code is 92373 which is in Redlands, CA