Login

32 N San Mateo Street, Redlands, CA 92373

Redlands
Local realty services provided by:CENTURY 21 Coastal Properties
32 N San Mateo Street,Redlands, CA 92373
$1,350,000
  • 9 Beds
  • 5 Baths
  • 3,990 sq. ft.
  • Multi-family
  • Pending
Listed by: tyler brand
Office: exp commercial of california, inc.
MLS#:26669797
Source:CRMLS

Price summary

  • Price:$1,350,000
  • Price per sq. ft.:$338.35

About this home

Pleased to present the opportunity to acquire 32 N San Mateo Street, a 5-unit value-add multifamily asset located in the highly desirable South Redlands submarket of the Inland Empire.Built in 1963, the property consists of (4) 2-bedroom / 1.5-bath units and (1) 1-bedroom / 1-bath unit totaling approximately 3,990 square feet on a spacious 14,600 square foot lot. The asset is offered at $1,350,000, representing $270,000 per unit and $338/SF, providing an attractive basis relative to recent comparable sales. At stabilized rents, the property is projected to achieve approximately $10,625/month in gross income and a 6.16% market cap rate.Recent capital improvements completed between 20222024 include upgrades to the driveway, exterior stairs, deck, pool filter, and laundry room electrical. The property also features on-site laundry (owned machines), a swimming pool, and ample parking, minimizing near-term capital expenditures while supporting tenant retention and rent growth.Strategically...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:26669797
  • Added:52 day(s) ago
  • Updated:May 17, 2026 at 07:26 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:5
  • Living area:3,990 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Building area:3,990 sq. ft.
  • Lot area:0.34 Acres

Finances and disclosures

  • Price:$1,350,000
  • Price per sq. ft.:$338.35

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Washer
  • Pool features:Fenced

Parking

  • Total parking spaces:5
  • Parking description:5 Carport Space(s), Carport
  • Carport spaces:5
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Coastal Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Coastal Properties, a broker participant of California Regional MLS (Southern California). 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. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 32 N San Mateo Street