Description
Rare redlands 5-unit surrounded by single family homes. located on a quiet residential block just off olive avenue, 230 s buena street is one of the only multifamily properties in this central redlands neighborhood. the property consists of five units including two two-bedroom units, one one-bedroom unit, and two studios, one of which is oversized. it is currently operating at a 5.31% cap rate with a pro forma cap rate of 6.27%. one unit includes its own in-unit washer and dryer, while the remaining four share a common laundry room. the 10,920 square foot lot includes five garages, four assigned parking spaces in the rear, and additional open parking. recent roof replacements and separate electric meters help reduce operating costs and improve efficiency. the location offers walkable proximity to downtown redlands, prospect park, and the a.k. smiley public library, with easy access to the i-10 and 210 freeways connecting to riverside, san bernardino, and surrounding job hubs.
Property Type
Residential IncomeCounty
San BernardinoStyle
Residential IncomeAD ID
50428153
Sell a home like this and save $73,001 Find Out How
Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 0
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
-
Exterior Features
Building Information
- Year Built: 1910
- Building Area Total: 3,396
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2507
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 10920
-
Listing Information
Listing Price Information
- Original List Price: 1,225,000
- Listing Contract Date: 2025-07-15
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 0171312200000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: On Street
- Attached Garage: Yes
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 268 - Redlands
- Postal Code Plus 4: 5129
- Directions: From the 10 Freeway, exit Eureka Street and head south. Turn right on Olive Avenue then left on S Buena Street and the property will be on the right.
- Zoning: R3
- Source Property Type: Residential Income
- Area: 268 - Redlands
Building and Construction
- Property Age: 115
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 3396
- Levels or Stories: Two
- Building Total Stories: 2
Statistics Bottom Ads 2

Sidebar Ads 1

Learn More about this Property
Sidebar Ads 2

Sidebar Ads 2

Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
BuyOwner last updated this listing 07/25/2025 @ 17:27
- MLS: 25565809
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 3,396 sqft, 10,920 sized lot, and 0 parking. are nearby neighborhoods.