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135 Cook St

Redlands, CA 92374
  • $1,225,000
  • STATUS: ACTIVE
  • ON SITE: 39 Days
  • ID#: 240028440
UPDATED: 59 min ago
$1,225,000
  • 8
    BEDS
  • 0.29
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,224
    SQFT
  • $290
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Description

Prime 4-unit multi-family property in Redlands ready for your magic touch! Close proximity to metro-link station. City of Redlands will allows for 1-2 garage conversions. Each spacious 2-story unit features a 1,056 sq. ft., 2 bedroom,1.5 baths with a small backyard area. Each unit has their own garage with automatic garage door opener, central heat and wall AC units. Property features on site laundry room and paved parking lot with vinyl fencing. Excellent investment for new and seasoned real estate investors. Ideal for 1031 exchange buyers looking to maximize their rental income potential. Do not disturb tenants.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.mercergrouprealestate.com/homes/158754924
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135 Cook St Redlands, CA 92374

  • Price: $1,225,000
  • Status: ACTIVE
  • On Site: 39 Days
  • Updated: 59 min ago
  • ID#: 240028440
8
Beds
4
Baths
0
½ Baths
0.29
Acres
4,224
SQFT
$290
$/SQFT
1964
Built
Neighborhood:
Redlands
County:
San Bernardino
Area:
Redlands (92374)
Property Description
Prime 4-unit multi-family property in Redlands ready for your magic touch! Close proximity to metro-link station. City of Redlands will allows for 1-2 garage conversions. Each spacious 2-story unit features a 1,056 sq. ft., 2 bedroom,1.5 baths with a small backyard area. Each unit has their own garage with automatic garage door opener, central heat and wall AC units. Property features on site laundry room and paved parking lot with vinyl fencing. Excellent investment for new and seasoned real estate investors. Ideal for 1031 exchange buyers looking to maximize their rental income potential. Do not disturb tenants.
Exterior Features

Exterior Wood/Stucco Fencing Other/Remarks Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Unit4 Exclusive Use Yard Yes Units With Garages 4 Units With Patios 4

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 1 Half Baths Unit2 1 Half Baths Unit3 1 Half Baths Unit4 1 Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 2 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Unit4 Laundry Hook Ups Common Units With Cooling 4 Units With Dishwashers 4 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 2 Units With Washers 0

Property Features

Actual Cap Rate 5.65 Age Restrictions N/K Annual Expense Actual 11183 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Complex Park Redlands Cross Streets East of University/N. Citrus Gross Rent Multiplier Actual 15.23 Gross Rent Multiplier Project 11.6 Gross Scheduled Income Actual 6702 Gross Scheduled Income Project 9200 Mandatory Remarks None Known Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Pets Allowed w/Restrictions Projected Cap Rate 7.71 Sales Restrictions Call Agent Security N/K Short Sale No Tenant Pays Cable TVElectricityGas/Propane Terms CashConventionalFHA Unit1 Deposit 0 Unit1 Occupied Vacant Unit1 Projected Rent 2200.0 Unit1 Rent Actual 1400.0 Unit2 Deposit 800 Unit2 Occupied Tenant Unit2 Projected Rent 2200.0 Unit2 Rent Actual 1402.0 Unit3 Deposit 0 Unit3 Occupied Vacant Unit3 Projected Rent 2200 Unit3 Rent Actual 2100.0 Unit4 Deposit 0 Unit4 Occupied Vacant Unit4 Projected Rent 2200 Unit4 Rent Actual 1800.0

San Diego MLS logo Listing provided courtesy of Alex Avelar of Cielo Home Group: 760-497-4132. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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