101 W Fern Avenue

Redlands, CA 92373

PRICE REDUCED

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-$70,000 (-4.13%)

$1,625,000

List Price

6

bed Beds

7

shower Baths

4,517 sqft

straighten / sqft

1930

calendar_month Built

Property Description

PRICE IMPROVEMENT - Located on prestigious Fern Avenue in the highly desirable Smiley Heights Historic District, this 7-unit multifamily property is a rare find in an A+ Redlands location. Just minutes from Downtown Redlands, the University of Redlands, and ESRI headquarters - the world's leading location-based technology company - this property is perfectly positioned for strong rental demand. Situated on a spacious 9,300+ sq. ft. lot, this property features a huge parking area with 4 private garages plus additional open parking spaces. Additionally, the ample lot size provides excellent potential for adding Accessory Dwelling Units (ADUs), offering investors a fantastic opportunity to increase rental income. Residents enjoy the best of South Redlands, with tree-lined streets, historic charm, and modern conveniences all within reach. The area boasts top-rated public schools, scenic parks, shopping centers, fitness facilities, and a vibrant dining scene. Plus, with easy access to I-10, San Bernardino International Airport (7 miles away), and surrounding cities, this is an unbeatable location for tenants. This is an outstanding opportunity to own a well-positioned investment property with significant value-add potential in one of Redlands' most sought-after areas. Seller financing may be available.

Listing Information

List Price $1,625,000
Status Active
MLS 25502965
Type Residential Income
Year Built 1930
Lot Size 9,360
Structure Size 4,517
DOM 37
Courtesy Of Keller Williams Beverly Hills
Listing Agent Jesse Stamps DRE#01412557

Interior Features

Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 7
Cooling Type
Cooling Type Wall/Window Unit(s)
Heating Type
Heating Type Wall Furnace

Maps

home_work Nearby Properties

Listing information courtesy of: Jesse Stamps, Keller Williams Beverly Hills 310-963-8939. *Based on information from the Association of REALTORS/Multiple Listing as of Apr 3rd, 2025 at 2:04 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.