331 Cajon St

Discover the vibrant surroundings of the Redlands, CA location. This bustling area offers a favorable ambiance for prospective Office/Office Building investors. Positioned in the heart of Downtown Redlands, the property benefits from close proximity to renowned dining options, including Citrone and Caprice Café, as well as retail destinations such as J.D. Myers and Olive Ave Market. With easy access to the 10 freeway and nearby attractions like the Redlands Bowl and Prospect Park, the location presents an enticing opportunity for investors seeking a dynamic commercial real estate venture in a thriving community.Discover a prime investment opportunity in downtown Redlands, CA, with this meticulously maintained 12-unit apartment building featuring classic 1930's Spanish-style architecture. Ideal for multifamily investors, this property blends historical charm with modern updates and strong financial performance. Operating at an impressive 4.9% CAP rate, the building generates $16,217 in monthly gross income. Several units have been recently renovated to offer contemporary features such as granite countertops, terrazzo flooring, country kitchens, breakfast nooks, and mini split air conditioning, ensuring tenant comfort and satisfaction. Conveniently located within walking distance to downtown Redlands' vibrant shops, restaurants, and cultural venues, the property attracts tenants seeking a desirable urban lifestyle. Its proximity to Redlands University also provides a steady rental market among students and faculty. Featuring an interior corridor layout for added privacy and security, this property offers stability and growth potential in one of Redlands' most sought-after neighborhoods. Whether you're expanding your portfolio or starting anew in the multifamily market, this opportunity combines historic charm with smart investment potential.