Redlands, CA 92373 24 Grant Street
$1,595,000
30 more
Presented By: JOSEPH SHAW with Shaw Real Estate Brokers; 909-725-0241
Beds • 6
Baths • 7
SQFT • 4,618
Garage • 3
Year Built • 1930
Home Details
Seven unit apartment complex with two separate buildings, four garages, private yard for tenants, and coin laundry - located directly across from the historic Redlands Bowl and Jocelyn Senior Center, one block from the AK Smiley Public Library, and adjacent to Smiley Park. On the market for the first time in over fifty years, 'The Prosellis' apartments offer a unique opportunity for either a live in owner, or an investor who is looking for an A+ location with rents that are currently under market rate. Our front building consists of four one bedroom units, two studios, and a common laundry area (est. 3484 sq ft). The back building (est. 1134 sq ft), which has it's own private yard, is a two bedroom apartment located on top of the four separate garages. A basement underneath the front building provides ample storage space for ownership, and easy access to systems like water heaters, plumbing, and electrical. The four garages open up to the alley. Excellent Redlands Schools.
Presented By: JOSEPH SHAW with Shaw Real Estate Brokers; 909-725-0241
Interior Features for 24 Grant Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 24 Grant Street
Additional Parcels Y/NNo
AppliancesGasOven, WaterHeater
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces0.0
Carport Y/NNo
CityRedlands
Community FeaturesBiking, Curbs, Park, StreetLights, Suburban, Sidewalks
CoolingWallWindowUnits
CountySan Bernardino
DirectionsAcross Grant Street from the Redlands Bowl. Traveling west on Brookside Ave, turn left on Grant St. Property is on the left.
Electric Expense1635.0
Electric On Property Y/NNo
Entry LocationSouth East
Garage Spaces3.0
Garage Y/NYes
Gross Income107169.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense8000.0
Interior FeaturesTileCounters
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Exchange1031, Submit
Lot Size Square Feet8000.0
Lot Size UnitsSquareFeet
MLS Area268 - Redlands
MaintenanceExpense3137.0
MobileHomeRemainsYNNo
Net Operating Income83796.87
New ConstructionNo
Number Of Units Total7
Open Parking Spaces0.0
Operating Expense23372.3
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories2
Tax Lot7
Tenant PaysElectricity, Gas
Trash Expense2262.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected
ViewLandmark
Water Sewer Expense2262.0
Waterfront Y/NNo
Year Built1930
Year Built SourceAssessor
Exterior for 24 Grant Street
Building Area Total4618.0
Crops Included Y/NNo
FencingWood
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesThirtySixToFortyUnitsAcre
Lot Size Acres0.1837
Lot Size Area8000.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesGarage, GarageFacesSide
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking3.0
Water SourcePublic
Additional Details
Price History
Justin Hughey
Price
$1,595,000
MLS#IG25011837
List Date
03/31/2025
Property Type
Multi-Family
Phone
(562) 818-1655
