Redlands, CA 92374,610 E Lugonia AVE
Redlands, CA 92374,610 E Lugonia AVE
Redlands, CA 92374,610 E Lugonia AVE
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$1,180,000
Est. payment /mo
0.3 Acres Lot
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UPDATED:

12/10/2024 08:46 PM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRWS24151457

Originating Board California Regional MLS

Year Built 1985

Lot Size 0.303 Acres

Property Description

Welcome to the heart of Redlands! Generate income from 4 properties in a desirable neighborhood with a steady rental income stream. The property is conveniently located close to public transportation, highways, restaurants, schools, shopping centers, parks and major transportation routes. Residents will have easy access to all amenities. Seller replaced all units plumbing work and termite work. Unit Features: Unit # A: 3-bedrooms, 2 bathrooms, and a cozy fireplace in the living room. Unit # B, 2-bedrooms and 2 bathrooms and a small size of patio off the kitchen. Unit # C, 2-bedrooms and 2 bathrooms and a deck off the kitchen. Unit D: 2 bedrooms and 1 bathroom, with a spacious living area and a deck above the laundry room. Rental Income, Rents are below market due to long-term tenants. Each unit has an excellent floor plan that provides additional rental income potential for future growth. Each unit has its own electric and gas meters. Landlord pays, water & gas bill for the hot water tank for all 4 units and the laundry area. Monthly HOA dues are $718. The HOA pays for dumpsters and normal gardening, conducts regular security patrols, and sets aside reserves to maintain the asphalt behind all buildings to provide a professionally maintained appearance.

Location

State CA

County San Bernardino

Area 268 - Redlands

Interior

Cooling Central AC

Laundry In Laundry Room

Exterior

Garage Spaces 4.0

Pool None

Building

Water District - Public

Others

Tax ID 0167271350000

Special Listing Condition Not Applicable


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MLS Listing IDX PLUS
Listed by HELEN CHAN • IRN REALTY

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agent
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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