801 Campus Avenue

    Redlands, CA 92374
    • $495,000
    • STATUS: Active Under Contract
    • ON SITE: 54 days
    • ID#: EV18255344
    Under Contract
    UPDATED: 60 min ago
    $495,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,877
      SQFT
    • $264
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Two houses on one lot! Great investment opportunity with the option to live in one home and rent out the other! Located just 3 blocks from the University of Redlands. Main house has been tastefully remodeled with a new kitchen, tile flooring throughout, and updated bathrooms. Each of the 3 bedrooms are quite spacious with ample closet space. Master has an attached 3/4 bath. Separate laundry room/mud room just off the kitchen with washer dryer hookups and a door to the backyard. The open concept kitchen and living area is perfectly set up for indoor/outdoor entertaining. The kitchen has beautiful off white kitchen cabinets, quartz countertops and stainless steel appliances. Sellers currently live in the main house but it could be rented for $2100. Smaller house is a semi-remodeled one bedroom/one bathroom detached house with its own laundry, private yard, and attached carport. It will be sold fully furnished with all appliances included. It is currently rented through October 2019 at a rate of $1200 per month and tenant pays all utilities except for water and trash. Sellers had previously rented it on a short term basis to clients looking for a rental for 1-3 months. Rental rate was $1450 per month with the utilities included and they had solid bookings for the last 2 years. Both houses have had the plumbing replaced with PEX. Call to schedule a showing today! Cross listed as EV18255632.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T17:28:43.673. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.teamforss.com/homes/88730792

    801 Campus Avenue Redlands, CA 92374

    • Price: $495,000
    • Status: Active Under Contract
    • Updated: 60 min ago
    • ID#: EV18255344
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    1,877
    SQFT
    $264
    $/SQFT
    1955
    Built
    Neighborhood:
    268 - Redlands
    County:
    San Bernardino
    Area:
    268 - Redlands
    Property Description
    Two houses on one lot! Great investment opportunity with the option to live in one home and rent out the other! Located just 3 blocks from the University of Redlands. Main house has been tastefully remodeled with a new kitchen, tile flooring throughout, and updated bathrooms. Each of the 3 bedrooms are quite spacious with ample closet space. Master has an attached 3/4 bath. Separate laundry room/mud room just off the kitchen with washer dryer hookups and a door to the backyard. The open concept kitchen and living area is perfectly set up for indoor/outdoor entertaining. The kitchen has beautiful off white kitchen cabinets, quartz countertops and stainless steel appliances. Sellers currently live in the main house but it could be rented for $2100. Smaller house is a semi-remodeled one bedroom/one bathroom detached house with its own laundry, private yard, and attached carport. It will be sold fully furnished with all appliances included. It is currently rented through October 2019 at a rate of $1200 per month and tenant pays all utilities except for water and trash. Sellers had previously rented it on a short term basis to clients looking for a rental for 1-3 months. Rental rate was $1450 per month with the utilities included and they had solid bookings for the last 2 years. Both houses have had the plumbing replaced with PEX. Call to schedule a showing today! Cross listed as EV18255632.
    Exterior Features

    Carport Spaces 2.00 Construction Materials Drywall WallsStucco Fence YN Yes Fencing Chain Link Foundation Details Slab Garage Spaces 1.00 Lot Features 2-5 Units/AcreBack YardCorner LotFront YardLawnLevel With StreetLot 10000-19999 SqftLot Shape-RectangularLot-Level/FlatSprinkler SystemSprinklers In FrontSprinklers In RearYard Lot Size Source Assessor Lot Size Units Square Feet Other Structures Guest HouseGuest House DetachedTwo On A Lot Parking Features Carport AttachedGarage - Front Entry Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Maintained Spa Features None Spa YN No View Neighborhood View YN Yes

    Interior Features

    Appliances DishwasherGarbage DisposalGas OvenGas Water HeaterMicrowaveRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 640 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 1237 Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling CentralWall Window Cooling YN Yes Door Features Sliding Glass Door(S) Fireplace Features Family Room Fireplace YN Yes Flooring LaminateTile Heating Central FurnaceWall Heater Heating YN Yes Interior Features FurnishedGranite CountersRecessed Lighting Laundry Features Dryer IncludedGas Dryer HookupIndividual RoomInsideOutsideWasher Included Levels One Room Type All Bedrooms DownGalley KitchenGuest/Maid's QuartersMain Floor BedroomMain Floor Master BedroomMaster BathroomMaster BedroomMaster Suite

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 6.60 Community Features CurbsSidewalksStreet Lighting Country Us Elevation Units Feet Gardener Expense 1040.00 Gross Income 39600.00 Gross Scheduled Income 39600.00 Insurance Expense 600.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry YN Yes Net Operating Income 30483.00 New Construction YN No New Taxes Expense 6277.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 1 Number With Dishwasher 1 Number With Disposal 1 Number With Range 2 Number With Refrigerator 2 Operating Expense 9117.00 Property Condition Termite ClearanceTurnkey Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 1200.00 Total Expenses 9117.00 Trash Expense 0.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Kiersten Vance of Elite Realty Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T17:28:43.673. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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