Redlands, CA 92374,1002 Tribune Street
Redlands, CA 92374,1002 Tribune Street
Redlands, CA 92374,1002 Tribune Street
55
$4,800,000
$6,000,000
20.0%
Est.Price: ?

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7 BD

1002 Tribune Street Redlands, CA 92374

Est. payment /mo
SOLD DATE : 06/18/2025

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Key Details

Sold Price $4,800,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV25088667

Bedrooms 7

Property Sub-Type Res Income 2-4 Units

Property Description

We are proud to present an unique investment opportunity in the heart of Redlands: The Los Arboles Apartments. This 25-unit property, located at 1002, 1006, 1016, 1022, and 1028 Tribune Street and 1001 and 1007 Post Street, offers a rare advantage it comprises seven individually parceled buildings (three triplexes and four fourplexes) situated on a spacious 1.66-acre lot. Built in 1965, the well-maintained complex features pitched composition roofs, and secure iron fencing with entry gates around all but one of the building clusters. The desirable unit mix includes primarily single-story two-bedroom/two-bathroom units, supplemented by townhouse-style two-bedroom/two-bathroom units and three-bedroom/two-bathroom units within two of the fourplexes. Residents benefit from ample parking with 23 garages, 4 carports, and 13 open spaces. The properties boast mature landscaping with lovely mountain views, courtyards, laundry facilities, individual porches or patios, and ample street parking. Units feature fully equipped kitchens with oven ranges, horizontal blinds, AC/ heating, storage space, carpet flooring, spacious floorplans, ample closet space and select units have dishwashers. Strategically positioned near vibrant Downtown Redlands and the University of Redlands, Los Arboles offers investors a stabilized asset with significant structural flexibility and strong location fundamentals. Redlands benefits from a diverse and resilient economy, anchored by major employers in technology (like global GIS leader Esri), logistics (including large distribution centers), healthcare, and

Location

State CA

County San Bernardino

Zoning Assessor

Interior

Cooling Central Forced Air, Wall/Window

Exterior

View Y/N No

Building

Story 2

Others

Acceptable Financing Cash

Listing Terms Cash

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MLS Router / San Diego MLS
Listed by Eric Chen CB RICHARD ELLIS
Bought with Eric Chen CB RICHARD ELLIS

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Heejung Petri

Heejung Petri

Agent | License ID: 02209755

+1(619) 517-8820

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