Movoto Real Estate
Sold on 06/30/2025
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555 S Center St, Redlands, CA 92373

$605,000

Last sold 06/30/2025 for $550K

  • 3

    bed

  • 2

    bath

  • 1,702

    Sqft ($323/Sqft)

House not for sale

About 555 S Center St

Property type House
Neighborhood
Year built 1941
HOA fee $0/month
Lot size 8,400 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Investor Opportunity in Prime Redlands Location – Welcome To The Cornerstone on Center! Positioned on a highly visible 8,400 sq ft corner lot along prestigious Center Street, this 3-bedroom, 2-bath single-family home presents a compelling opportunity for investors seeking value-add potential in one of Redlands’ most sought-after neighborhoods. Surrounded by beautifully preserved historic homes and located directly across from the iconic Gerrards Market, this 1,702 sq ft property offers unbeatable location with long-term upside. The home includes an 80 sq ft basement, a 468 sq ft detached garage, and a charming 208 sq ft covered front porch—providing added utility and future potential. Its proximity to the Packing House District, Downtown Redlands, and the Arrow Rail commuter line makes it ideal for short-term rental strategies or long-term appreciation plays. Redlands continues to show strong fundamentals: rising home values, low vacancy rates, and a robust local economy anchored by a median household income nearing $100K. Zoned for Redlands Unified School District and walkable to schools, shops, and transit, this property offers a strategic footprint in a high-demand market. Sold as-is. Ideal for cash buyers or investors looking to renovate, reposition, or hold. With strong rental comps and increasing demand, The Cornerstone on Center is a rare acquisition opportunity in a city where inventory remains tight and appreciation trends are on the rise.
Listed by
Listing Agent - Melissa Perez
Listing Office - REAL BROKERAGE TECHNOLOGIES
Source: CRMLS mls logo
MLS#CV25118356 • last updated 1 year ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style One, Craftsman, House
Type Residential
SubType Single Family Residence
Status Active
Living Area 1702
Lot Size (Acres) 0.1928
Lot Size (SqFt) 8400
Year Built 1941
Condition Fixer
Interior
Total # of Bathrooms 2
# Full Baths 2
Total # of Bedrooms 3
Eating Area Dining Room
Laundry Inside
Basement Finished
Interior Features Ceiling Fan(s), Tile Counters
Window Features Wood Frames
Exterior
Construction Concrete, Plaster
Parking Driveway, Garage
# Parking Spaces 2
# Garage Spaces 2
Other Structures Storage
Lot Description 0-1 Unit/Acre, Corner Lot, Front Yard, Level With Street, Yard
Amenities / Utilities
Fireplaces Living Room
Sewer/ Septic Public Sewer
Water Source Public
Electric 220 Volts
Inclusions Sold As-is
Spa None
Pool None
Location
View Neighborhood
County San Bernardino
Community Features Biking, Curbs, Sidewalks, Storm Drains, Street Lights
Elementary School Kingsbury, KINGSB
Middle School COPE, Cope
High School District Redlands Unified
Directions On The Corner Of S Center And W Cypress, Across From Gerrards Market
APN 173012030000
$605K
Range: $520K-$689K
Last 30 days 
Rental est.: $3,058/month
Gross rent multiplier: 15.0
  • Jun 2025
    mls logo MLS # CV25118356
  • Jun 30, 2025 Sold
    $550,000
  • Jun 29, 2025 Pending
    —
  • Jun 10, 2025 Active
    —
  • May 30, 2025 Listed
    $529,000
  • Jun 2025
    Public Records
  • Jun 30, 2025 Sold
    $550,000 (+4.0%)
  • Year Property taxes Tax assessment
  • 2024
    $2,681 +3.3%
    $224,363
  • 2023
    $2,594 +1.5%
    $224,363 +2.0%
  • 2022
    $2,555 -1.7%
    $219,964 +2.0%
  • 2021
    $2,600 +1.5%
    $215,651 +2.0%
  • 2020
    $2,561 +2.9%
    $211,423 +1.04%
  • 2019
    $2,488 -63.5%
    $209,255 +2.0%
  • 2018
    $6,817
    $205,152
  • 555 S Center St
    $550K
  • South Redlands
    $827K +3% y/y
  • 92373
    $829K +4% y/y
  • Redlands
    $717K +5% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
545 S Center St, Redlands, CA 92373 $549,000 2/1 1,464 0.01
646 W Cypress Ave, Redlands, CA 92373 $601,000 3/2 1,400 0.02
539 S Center St, Redlands, CA 92373 $601,000 2/2 1,434 0.02
640 W Cypress Ave, Redlands, CA 92373 $699,000 4/1 2,250 0.03
556 S Center St, Redlands, CA 92373 $891,000 6/3 3,506 0.03
533 S Center St, Redlands, CA 92373 $577,000 3/2 1,324 0.04
540 S Center St, Redlands, CA 92373 $674,000 3/2 1,599 0.04
506 Esther Way, Redlands, CA 92373 $637,000 4/2 1,286 0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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