230 S Buena Vista Street
Redlands, CA 92373
Map
- – beds
- – baths
- – sqft
- 10,920 sqft lot
- 1910 build
- – on site
Rare Redlands 5-Unit Surrounded by Single Family Homes with Immediate Rental Potential. Located on one of central Redlands' quietest residential streets, 230 S Buena Street is one of the only multifamily properties in the area. This low-density, well-maintained five-unit is currently operating at a 5.37% cap rate, with four of five units below market and an estimated $525 in monthly rent growth available. The unit mix includes three two-bedroom units, one one-bedroom, and one studio. Amenities include five garages, open parking, onsite laundry, and one unit with its own in-unit washer and dryer. The roofs have been recently replaced, and the property is separately metered for electricity, helping reduce owner-paid utility costs. Tenants benefit from proximity to Downtown Redlands, Prospect Park, the University of Redlands, and convenient access to the I-10 and 210 Freeways. This is a rare opportunity for investors seeking stable cash flow, strong tenant demand, and rental upside in one of Redlands' most supply-constrained neighborhoods.
Last checked:
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Last updated Jul 16, 2025
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MLS# 25565809 —
The Building
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Year Built:1910
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New Construction:No
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Building Area Total:3396.00
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Total Number Of Units:5
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# of Buildings:2
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:From the 10 Freeway, exit Eureka Street and head south. Turn right on Olive Avenue then left on S Buena Street and the property will be on the right.
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Latitude:34.04945800
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Longitude:-117.18557200
The Property
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Property Type:Residential Income
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Zoning:R3
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Lot Size Area:10920.0000
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Lot Size Acres:0.2507
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Lot Size SqFt:10920.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:0171312200000
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Street
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Parking Spaces:8.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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7/15/25
Jul 15, 2025
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Listed / Active | CRMLS_CA | $1,225,000 | 222.4% (18.8% / YR) |
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9/18/13
Sep 18, 2013
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CRMLS_CA | $380,000 |
