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521 Courier Avenue, Redlands, CA 92374
$1,150,000
521 Courier Avenue, Redlands, CA 92374View this property at 521 Courier Avenue, Redlands, CA 92374
521 Courier AvenueRedlandsCA92374
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Property Description
Welcome to the heart of Redlands! Generate income from 4 properties in a desirable neighborhood with a steady rental income stream. The property is conveniently located close to public transportation, highways, restaurants, schools, shopping centers, parks and major transportation routes. Residents will have easy access to all amenities. Building Features: 1 unit is a three bedroom, 2 bath & a fireplaces in living room. 2 units are two-bedroom 2 bath. another 1 unit is a one-bedroom, one-bath. The rent is below market due to long-term tenants. Each unit has excellent surface planting, providing additional rental income potential for future growth. Monthly HOA dues are $684. The HOA pays for dumpsters and normal gardening, conducts regular security patrols, and sets aside reserves to maintain the asphalt behind all buildings to provide a professionally maintained appearance. Each unit has individual electric and gas meters. All 4 units have their own garages, plus 3 covered parking spaces and 2 open parking spaces. Separate gas & electric meter in each unit tenant pays themself. Owner pays water, exterior electric and hot water tank gas bill.
Full Property Details
Full Property Details for 521 Courier Ave
General
- Price: $1,150,000
- Status: Active
- Type: Multi-Family
- MLS ID: WS24095714
- Updated: 6/1/2024
- Days on Market: 30 days
- Added to Site: 30 day(s) ago
Interior
- Rooms/Areas: Entry
- Fireplace(s): See Remarks
- Appliances: Gas Water Heater
- Flooring: See Remarks
Rooms
Other Rooms
- Laundry: See Remarks
Additional Information
- Shared Amenities: Maintenance Front Yard
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 4
- Parking Features: Detached Carport, Garage, Garage Faces Rear
- Parking: Detached Carport, Garage, Garage Faces Rear
Location
- Area: 268 - Redlands
- County: San Bernardino
- Development Name: 268 - Redlands
- Driving Directions: E/ORANGE S/LUGONIA
- Direction Faces: South
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Sewer: Public Sewer, Unknown
- Water: Public
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Architectural Style: See Remarks
- Foundation: See Remarks
- Roof: Composition
- Windows: Blinds
- Entry Location: front door
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,006
- Year Built: 1985
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.278
- Lot Size (Sq. Ft.): 12,111
- Lot Size Source: Assessor
- Lot Description: Landscaped
Financial Considerations
- Price Per Sq. Ft.: $287.07
- Price Per Unit: 287500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by Irn Realty, HELEN CHAN
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Schools
Schools serving 521 Courier Ave
School District:Redlands Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
202 E Pennsylvania Ave, Redlands, CA 92374 | K-5 | 0.4 mi | |
1550 E Highland Ave, Redlands, CA 92374 | 6-8 | 2 mi | |
800 W Pioneer Ave, Redlands, CA 92374 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 521 Courier Ave
Date
Details
Price
Change
Source
6/01/2024
Price Reduced
$1,150,000
-2.54%
MLS
5/12/2024
Listed
$1,180,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 521 Courier Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,095
1%
$833,048
13%
2022
$9,949
9%
$735,825
2%
2021
$9,139
1%
$721,397
1%
2020
$9,004
3%
$714,000
2%
2019
$8,753
53%
$700,000
53%
2018
$5,737
1%
$457,882
2%
2017
$5,689
1%
$448,904
2%
2016
$5,626
1%
$440,102
2%
2015
$5,585
2%
$433,491
2%
2014
$5,485
17%
$425,000
19%
2013
$4,680
—
$356,399
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 521 Courier Ave
521 Courier Avenue, Redlands, CA 92374 (MLS# WS24095714) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 521 Courier Avenue is currently listed for $1,150,000 and was received on May 12, 2024. Want to learn more about 521 Courier Avenue? Do you have questions about finding other Multi-Family real estate for sale in Redlands? You can browse all Redlands real estate or contact a Coldwell Banker agent to request more information.