Redlands, CA 92373,25 Parkwood Drive
Redlands, CA 92373,25 Parkwood Drive
Redlands, CA 92373,25 Parkwood Drive
Redlands, CA 92373,25 Parkwood Drive
Redlands, CA 92373,25 Parkwood Drive
Redlands, CA 92373,25 Parkwood Drive
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$3,140,000

$3,500,000

10.3%
Est.Price: ?

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Est. payment /mo

4 Baths

0.72 Acres Lot


SOLD DATE : 04/28/2022

Key Details

Sold Price $3,140,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID EV21198636

Sold Date 04/28/22

HOA Y/N No

Lot Size 0.717 Acres

Property Description

Redlands 13 unit complex with exceptional location near downtown. Largest unit (pictured) is a house with 2 bedrooms, 2 bathrooms plus office, eat-in kitchen, formal dining, indoor laundry, spacious living room and basement for storage. 4 Duplexes (see sample pictures) provide eight 1-bedroom, 1-bathroom units with kitchen (stove and refrigerator), dining area, original features including alcoves, wood floors, charming bathroom tilework and both a small front porch and back courtyard. There are 4 studio units, 2 downstairs and 2 upstairs. 9 units are single story with no units above. Currently only 2 units have access to a garage/storage, but all units can have access. So the rent for 11 units does not reflect access to garages. There's an additional 250 sq. ft. storage area + workshop for owner. Coin operated laundry on site. Updated electrical service to units, 1 meter/unit. Gas is 1 meter/unit. Excellent rental history, below market rents. Just moments to Smiley Park and the Redlands Bowl. A couple blocks to Smiley Library, Historic Downtown and about 1/2 mile from the new Packing House District with restaurants, brewery, distillery, shopping and future rail line. Also close to esri, Olive Street Market and elementary school. Large lawn areas. Lovely neighborhood, great walkability factor. Don't miss out on this charming and highly desirable complex. Welcome to 25 Parkwood Manor.
Redlands 13 unit complex with exceptional location near downtown. Largest unit (pictured) is a house with 2 bedrooms, 2 bathrooms plus office, eat-in kitchen, formal dining, indoor laundry, spacious living room and basement for storage. 4 Duplexes (see sample pictures) provide eight 1-bedroom, 1-bathroom units with kitchen (stove and refrigerator), dining area, original features including alcoves, wood floors, charming bathroom tilework and both a small front porch and back courtyard. There are 4 studio units, 2 downstairs and 2 upstairs. 9 units are single story with no units above. Currently only 2 units have access to a garage/storage, but all units can have access. So the rent for 11 units does not reflect access to garages. There's an additional 250 sq. ft. storage area + workshop for owner. Coin operated laundry on site. Updated electrical service to units, 1 meter/unit. Gas is 1 meter/unit. Excellent rental history, below market rents. Just moments to Smiley Park and the Redlands Bowl. A couple blocks to Smiley Library, Historic Downtown and about 1/2 mile from the new Packing House District with restaurants, brewery, distillery, shopping and future rail line. Also close to esri, Olive Street Market and elementary school. Large lawn areas. Lovely neighborhood, great walkability factor. Don't miss out on this charming and highly desirable complex. Welcome to 25 Parkwood Manor.

Location

State CA

County San Bernardino

Area Riv Cty-Redlands (92373)

Zoning Estimated

Interior

Heating Electric, Natural Gas

Cooling Swamp Cooler(s), Wall/Window

Exterior

Roof Type Composition

Building

Lot Description Sidewalks

Story 2

Level or Stories 1 Story

Others

Space Rent $650

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by CLAUDIA VAN MOUWERIK • CENTURY 21 LOIS LAUER REALTY
Bought with James Oronoz • Reliance Real Estate Services
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