521 Courier Avenue

Redlands, CA 92374

$1,150,000
Price
9
Beds
7
Baths
4,006 Sq. Ft.
$287 / Sq. Ft.
4,006
Sq. Ft.
$287
per Sq. Ft.

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. Building Features: 1 unit is a three bedroom, 2 bath & a fireplaces in living room. 2 units are two-bedroom 2 bath. another 1 unit is a one-bedroom, one-bath. The...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. Building Features: 1 unit is a three bedroom, 2 bath & a fireplaces in living room. 2 units are two-bedroom 2 bath. another 1 unit is a one-bedroom, one-bath. The rent is below market due to long-term tenants. Each unit has excellent surface planting, providing additional rental income potential for future growth. Monthly HOA dues are $684. 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. Each unit has individual electric and gas meters. All 4 units have their own garages, plus 3 covered parking spaces and 2 open parking spaces. Separate gas & electric meter in each unit tenant pays themself. Owner pays water, exterior electric and hot water tank gas bill.
  1. Listed by HELEN CHAN • DRE #01106869 • Brokerage DRE #01983717 • IRN REALTY • 626-632-3688

Property Details for 521 Courier Avenue

Architectural Style
See Remarks
View
None
Parking Spaces Total
9
Private Pool
No
Cooling Type
Other/Remarks
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of IRN REALTY, HELEN CHAN, DRE #01106869
Add your commute
LISTING UPDATED: 06/01/2024 01:52 AM

Property Details for 521 Courier Avenue

StatusActive
MLS #WS24095714
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1985
Lot Size0.28 AC / 12,111 SF
CountySan Bernardino County

Location

Listing Courtesy of IRN REALTY, HELEN CHAN, DRE #01106869
Add your commute

Building Information for 521 Courier Avenue

Stories2Residences-Year Built1985Building Size-Lot Size0.28 AC / 12,111 SF

Payment Calculator

$7,117 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$841

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 521 Courier Avenue

Rental Info
Rental Info
  • Tenant Pays: See Remarks
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Current Financing: None
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 10142
  • Tax Census Tract: 80.03
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 5
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Association Amenities: Maintenance Front Yard
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Gas Water Heater
  • Equipment: Other
  • Room Type: Entry
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Fireplace Features: See Remarks
  • Fireplace Rooms: Other
  • Cooling: See Remarks
  • Heating Type: Other
  • Heating: See Remarks
  • Heat Equipment: Other/Remarks
  • Flooring: See Remarks
Exterior Features
  • Window Features: Blinds
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Composition
  • Entry Location: front door
  • Fence: No
  • Fence: None
  • Fencing: None
  • Foundation Details: See Remarks
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Landscaped
  • Direction Faces: South
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer, Unknown
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 4
  • Carport Spaces: 3
  • Parking Features: Detached Carport, Garage, Garage Faces Rear
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,595
  • Unit Type Total Rent: $1,595
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,430
  • Unit Type Total Rent: $1,430
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,485
  • Unit Type Total Rent: $1,485
  • Unit Type Pro Forma: 0
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 0

Property History for 521 Courier Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 521 Courier Avenue

Taxable ValueLand$171,450Additions$661,598Total$833,048
Tax Record2023$10,095 ($841 / month)
Home Facts
Total Finished SqFt4,006 SqFtAbove Grade Finished SqFt4,006 SqFtStories2Lot Size12,111 SqFtStyleQuadraplexYear Built1985CountySAN BERNARDINOAPN0167-271-36-0000

Schools near 521 Courier Avenue

This home is within Redlands Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Lugonia Elementary School
PublicK to 5

Moore Middle School
Public6 to 8

Citrus Valley High School
Public9 to 12

Redlands Eacademy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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521 Courier Avenue is a multi-family home for sale in Redlands, CA 92374. This property was listed for sale on May 12, 2024 by IRN REALTY, it's currently listed at $1,150,000. It has been on the market for a total of 21 days and was last sold on August 27, 2018. This listing's school district is Redlands Unified School District. Nearby schools include Lugonia Elementary School, Moore Middle School and Citrus Valley High School. 521 Courier Avenue is a 9-bed, 7-bath, 4,006 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of IRN REALTY, HELEN CHAN, DRE #01106869

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.