$1,550,000
211 E Olive Avenue, Redlands CA 92373
Multi-Family (15 Units)
Property type
88 days
On market
$70
Price per sqft
N/A
Garage
N/A
Year built
16,912 sqft
Lot size
Open Houses
Overview
211 Olive Residences Ready-To-Issue Multifamily Development Site | 15 Units | Downtown Redlands, CA 92373. Offered at $1,550,000. This is a fully entitled development opportunity in the heart of Downtown Redlands. The entitlement work is complete. The project consists of 15 market-rate residential units across two structures totaling 22,277 square feet. Eleven apartments...
Listing provided by: Oscar Diaz DRE #02022902 213-943-1884, Marcus & Millichap
Listing updated: Mar 11, 2026 at 07:18am.
Last checked: Jun 5, 2026 at 08:00pm
Source: CRMLS #26661985
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 3 | 1 | 1 | — | $0 | $0 | $7,500 | Unfurnished |
| 7 | 2 | 1 | — | $0 | $0 | $20,300 | Unfurnished |
| 4 | 2 | 2 | — | $0 | $0 | $12,000 | Unfurnished |
# of Buildings: 2
# of Units Total: 15
Financial Snapshot
Net Operating Income: $0
Exterior
Stories Total: 0
Levels: Multi Split
Garage and Parking
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 0171281300000
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 211 E Olive Avenue, Redlands, CA 92373. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,240,000
Total Interest
$1,581,552
Total Payment
$2,821,552
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,602
per month
Property History for 211 E Olive Avenue
Redlands Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92373.
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