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Status: ACTIVE

511 Alvarado St 
Redlands, CA 92373

$1,190,000

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Two properties on one lot! Prime Location on One of the Most Sought-After Streets in Redlands! A rare opportunity featuring two separate homes on one lot ideal for multi-generational living or rental income. The front House (Unit 1) is approximately 1,300 sq. ft. with 3 bedrooms and 2.5 bathrooms. It retains classic Redlands character with thoughtful updates and has been recently rewired and re-piped for added peace of mind. The back House (Unit 2 Newly Built ADU) is 1,200 sq. ft. with 3 bedrooms and 2 bathrooms, newly constructed with paid-off 8 solar panels and a modern electric range, designed with contemporary finishes for comfort and efficiency. Located in desirable Downtown Redlands, this property is close to the University of Redlands, restaurants, shopping, the historic Redlands Bowl outdoor amphitheater home to one of the nations oldest free summer concert series -- the Lincoln Shrine Museum, library and city hall. Convenient freeway access provides easy connections, with Big Bear only 30 minutes away for year-round recreation. This unique property combines historic charm and modern construction in a highly sought-after neighborhood within the Redlands Unified School District, with Redlands Senior High School as the assigned high school (buyer to verify). Unit 2 has a separate electrical panel. Unit 1 with gas range, unit 2 with electric range per city code, shared water meter.
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Bedrooms
6
Baths
4.5
House Size
2,488 sqft
Year Built
1911
Lot Size
0.3 ac

Location

Market Insights

In the last 30 days, homes for sale in 92373, Redlands, CA were on the market for a median of 49 days and 18.18% of homes sold above list price.

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Interior Information

cooling
Central Air
fireplace
Living Room
heating
Forced Air
view
Neighborhood

Property Information

sewer
Public Sewer
water source
Public
  • Listed By Grace Lee
  • GraceK.Realestate@gmail.com
  • Century 21 Masters
  • (800) 463-0977
  • MLS TR25196297

Monthly Payments Calculator

Estimated Monthly Cost

$7,562

30 year fixed·6.9% interest rate
Principal & Interest
$6,270
Property Taxes
$992
Home Insurance
$300
HOA Fees
$0
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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