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Sold on 01/17/2020

223 W Olive Ave, Redlands, CA 92373

  • $932,000

    Last sold 01/17/2020 for $475K

  • 3

    bed

  • 4

    bath

House not for sale
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About 223 W Olive Ave

Property type House
Neighborhood
Year built 1903
HOA fee $0/month
Lot size 0.26 Acre
Movoto estimate
Rental estimate
Property description
Drastic Price Reduction! Motivated Seller!! Submit All Offers!! Historic Home with approved plans for 7 units and potential income of $12K+. Built in 1903 as boarding home, later converted into seven (7) apartments. Sits on a prominent corner in the heart of the downtown historic district. The building has been under renovation since 2010 & is completely gutted inside. A new foundation and ornate masonry staircase was completed and approved by the City of Redlands on December 2012 with a cost of $85,000.
Listed by
Listing Agent - BRENDA
Listing Office - BHHS PERRIE MUNDY REALTY GROUP
Source: San Diego MLS mls logo
MLS#EV19193942 • last updated 6 years ago
Movoto checked San Diego MLS for data 2 minutes ago
Overview
Levels/Style 2 Story
Status SOLD
SubType Res Income 2-4 Units
MLS # EV19193942
Lot Size (SqFt) 11200
Year Built 1903
Exterior
Amenities / Utilities
Water Source Meter On Property
Pool Desc N/K
Location
County San Bernardino
APN 171322110000
Directions 10 Freeway Exit Orange Turn Right On Orange St, It Turns Into Cajon, Turn Right On Olive
Multifamily Details
Unit 3: # Bedrooms 2
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit 3: # Total Baths 2
Unit 1: # Bedrooms 1
Total # of Units 7
$932K
Range: $726K-$1.13M
Last 30 days 
Rental est.: $2,825/month
Gross rent multiplier: 14.0
  • Jan 2020
    mls logo MLS # EV19193942
  • Jan 18, 2020 Sold
    $475,000
  • Jan 17, 2020 Sold
    $475,000
  • Dec 6, 2019 Pending
    —
  • Dec 6, 2019 Pending
    —
  • Nov 13, 2019 Price Change
    $475,000 (-20.2%)
  • Aug 15, 2019 Listed
    $595,000 (-11.9%)
  • Aug 15, 2019 Listed
    $675,000
  • Aug 2019
    MLS # 14282694
  • Aug 15, 2019 Listed
    $675,000
  • 223 W Olive Ave
    $475K
  • South Redlands
    $849K -2% y/y
  • 92373
    $829K -2% y/y
  • Redlands
    $719K +3% y/y
No chart available
Statistics calculated by Movoto

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6/10
McKinley Elementary School
public Grades K-5
Redlands Unified School District
6/10
Cope Middle School
public Grades 6-8
Redlands Unified School District
8/10
Redlands Senior High School
public Grades 9-12
Redlands Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • 223 W Olive Ave
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