Description
We are proud to present an unique investment opportunity in the heart of redlands: the los arboles apartments.
this 25-unit property, located at 1002, 1006, 1016, 1022, and 1028 tribune street and 1001 and 1007 post street, offers a rare advantage – it comprises seven individually parceled buildings (three triplexes and four fourplexes) situated on a spacious 1.66-acre lot.
built in 1965, the well-maintained complex features pitched composition roofs, and secure iron fencing with entry gates around all but one of the building clusters. the desirable unit mix includes primarily single-story two-bedroom/two-bathroom units, supplemented by townhouse-style two-bedroom/two-bathroom units and three-bedroom/two-bathroom units within two of the fourplexes. residents benefit from ample parking with 23 garages, 4 carports, and 13 open spaces. the properties boast mature landscaping with lovely mountain views, courtyards, laundry facilities, individual porches or patios, and ample street parking. units feature fully equipped kitchens with oven ranges, horizontal blinds, ac/ heating, storage space, carpet flooring, spacious floorplans, ample closet space and select units have dishwashers.
strategically positioned near vibrant downtown redlands and the university of redlands, los arboles offers investors a stabilized asset with significant structural flexibility and strong location fundamentals. redlands benefits from a diverse and resilient economy, anchored by major employers in technology (like global gis leader esri), logistics (including large distribution centers), healthcare, and education (university of redlands). this robust employment base consistently attracts a strong workforce, driving sustained demand for rental housing throughout the city.
the los arboles apartments offers a central location with convenient access to the metrolink downtown redlands commuter rail station. the property is also nearby to shopping centers, theaters, restaurants, and trendy shops, catering to diverse needs and providing excellent entertainment options.
the los arboles apartments is a stable income-producing asset in the inland empire, promising a strong return on investment. whether you’re a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 exchange, this property offers exceptional stability and long-term value.
Property Type
Residential IncomeCounty
San BernardinoStyle
Residential IncomeAD ID
49469208
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Cooling Features
- Central Air,Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Central,Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1964
- Building Area Total: 27,592
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 1.689
- Lot Size Source: Assessor
- Lot Size Square Feet: 73572
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Listing Information
Listing Price Information
- Original List Price: 6,750,000
- Listing Contract Date: 2025-04-22
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 0169092010000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 268 - Redlands
- Postal Code Plus 4: 4490
- Directions: Merge onto I-10 E, Take exit 79 toward Orange St/CA-38/Downtown Redlands, Turn left onto Eureka St, Turn right onto W Colton Ave, Turn left onto Tribune St
- Source Property Type: Residential Income
- Area: 268 - Redlands
- Property SubType: Apartment
Building and Construction
- Property Age: 61
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/25/2025 @ 04:35
- MLS: CV25088667
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 27,592 sqft, 73,572 sized lot, and 25 parking. are nearby neighborhoods.