24 Grant Street, Redlands, CA 92373

$1,500,000

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Sold Price
$1,500,000
List Price
$1,497,000
Closing Date
Dec 23, 2025
Status
CLOSED
MLS#
IG25011837
Year Built
1930
Lot Size
8,000
Acres
0.18
Lot Location
36-40 Units/Acre
Days on Market
233
Property Type
Multifamily
Style
Traditional
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Seven unit apartment complex with two separate buildings, four garages, private yard for tenants, and coin laundry - located directly across from the historic Redlands Bowl and Jocelyn Senior Center, one block from the AK Smiley Public Library, and adjacent to Smiley Park. On the market for the first time in over fifty years, 'The Prosellis' apartments offer a unique opportunity for either a live in owner, or an investor who is looking for an A+ location with rents that are currently under market rate. Our front building consists of four one bedroom units, two studios, and a common laundry area (est. 3484 sq ft). The back building (est. 1134 sq ft), which has it's own private yard, is a two bedroom apartment located on top of the four separate garages. A basement underneath the front building provides ample storage space for ownership, and easy access to systems like water heaters, plumbing, and electrical. The four garages open up to the alley. Excellent Redlands Schools.

Additional Information

Appliances
Gas Oven, Water Heater
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Landmark
Roof
Composition
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Tile Counters
Attached Structure
Attached
Number Of Units Total
7
Gross Scheduled Income
$107,169
Operating Expense
23372

Listing courtesy of Listing Agent: JOSEPH SHAW (joseph@ritashaw.net) from Listing Office: Shaw Real Estate Brokers.

Listing sold by Danielle Fontes from KALEO REAL ESTATE COMPANY

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.