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1367 Milburn Avenue Redlands, CA 92373
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Key Details
Sold Price $954,250
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24070376
Sold Date 10/10/24
Bedrooms 8
HOA Fees $1,875/mo
HOA Y/N Yes
Lot Size 10,010 Sqft
Property Description
Park like setting at Brookside Park and Townhomes. Single building 4-plex, with enclosed garage for all units; 2 x 2 car + 2 x 1 car garages. Property offers 1 - three bedroom / 3 bath townhome style design, 1 - 2 bedroom / 2 bath townhome style, and two upper units - one 2 bedroom / 2 bath and 1 bedroom / 1 bath. Property is conveniently located near shopping, entertainment, schools, Loma Linda and Redlands University's, two hospitals - Redlands Hospital and Loma Linda Hospital. Each property offers central heating & AC, dishwasher & microwave and property is pet friendly. Property address range from 1367 Milburn to 1373 Milburn. Townhome style apartments are end units, upper middle are the 2br / 2ba and 1br / 1ba. Townhome style Units - end units have hookups for washer / dryer. Professionally managed property. Drive-by only. Do Not Disturb Tenants. Financial based on 2023 return. Current rents are higher. Projected annual income on MLS schedule rents is $ 99,660. HOA for all owners covers maintenance of all properties on 37 acres; buildings, grounds, 6 pools, etc.
Park like setting at Brookside Park and Townhomes. Single building 4-plex, with enclosed garage for all units; 2 x 2 car + 2 x 1 car garages. Property offers 1 - three bedroom / 3 bath townhome style design, 1 - 2 bedroom / 2 bath townhome style, and two upper units - one 2 bedroom / 2 bath and 1 bedroom / 1 bath. Property is conveniently located near shopping, entertainment, schools, Loma Linda and Redlands University's, two hospitals - Redlands Hospital and Loma Linda Hospital. Each property offers central heating & AC, dishwasher & microwave and property is pet friendly. Property address range from 1367 Milburn to 1373 Milburn. Townhome style apartments are end units, upper middle are the 2br / 2ba and 1br / 1ba. Townhome style Units - end units have hookups for washer / dryer. Professionally managed property. Drive-by only. Do Not Disturb Tenants. Financial based on 2023 return. Current rents are higher. Projected annual income on MLS schedule rents is $ 99,660. HOA for all owners covers maintenance of all properties on 37 acres; buildings, grounds, 6 pools, etc.
Location
State CA
County San Bernardino
Area Riv Cty-Redlands (92373)
Zoning Assessor
Interior
Heating Natural Gas
Cooling Central Forced Air, Wall/Window
Exterior
Exterior Feature Stucco
Pool Below Ground, Community/Common
Roof Type Composition
Building
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
HOA Name Jamboree Management
Monthly Total Fees $1, 968
Acceptable Financing Conventional
Space Rent $1,889
Listing Terms Conventional
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Bought with NON LISTED AGENT • San Diego