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610 East Lugonia Avenue, Redlands, CA 92374

$1.16M0ba · 4,006 sqft
Lot 13,200 sqft•Apartment•
Active
•403d on market•MLS# WS-25085542

Property Description

Income generates 4 unit in a desirable neighborhood. Conveniently located close to public transportation, highways, restaurants, schools, shopping centers, parks and major transportation routes. Residents will have easy access to all amenities. Unit Features: Unit # A: 3-bedrooms, 2 bathrooms, and a cozy fireplace in the living room. Unit # B, 2-bedrooms and 2 bathrooms and a small size of patio off the kitchen. Unit # C, 2-bedrooms and 2 bathrooms and a deck off the kitchen. Unit D: 2 bedrooms and 1 bathroom, with a spacious living area and a deck above the laundry room. Rental Income: Rents are below market due to long-term tenants. Each unit has an excellent floor plan that provides additional rental income potential for future growth. Each unit has its own electric and gas meters. Landlord pays water for the hot water tank for all 4 unit. Monthly HOA dues are $718 for trash, gardening, conducts regular security patrols, and sets aside reserves to maintain the asphalt behind all buildings to provide a professionally maintained appearance.

Features & Amenities

FeeBuilt 1985

Property Details

Land Type
Fee
Year Built
1985
Property Type
Residential Income
Property Subtype
Apartment
Parking Spaces
4
Garage Spaces
4
City
Redlands
Zip Code
92374
County
San Bernardino
Listed byIRN REALTY, HELEN CHAN

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,865.59
Principal & Interest
Loan Amount
$928,000
Total Interest
$1,183,613
Total Payment Over 30 Years
$2,111,613
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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