1218 Oxford Drive

Redlands, CA 92374

$1,100,000
Last Sold Price
9
Beds
7
Baths
4,006 Sq. Ft.
$275 / Sq. Ft.
4,006
Sq. Ft.
$275
per Sq. Ft.

Description

Welcome to an exceptional investment opportunity in the heart of Redlands, California! This well-maintained, income-generating 4-unit property is a savvy investor's dream come true. Nestled in a desirable neighborhood, this versatile property offers not only a stable source of rental income but also tremendous potential for future growth. Situated in the charming city of Redlands, this property is conveniently located near schools, shopping centers, parks, and major transportation routes. Residents...Welcome to an exceptional investment opportunity in the heart of Redlands, California! This well-maintained, income-generating 4-unit property is a savvy investor's dream come true. Nestled in a desirable neighborhood, this versatile property offers not only a stable source of rental income but also tremendous potential for future growth. Situated in the charming city of Redlands, this property is conveniently located near schools, shopping centers, parks, and major transportation routes. Residents will appreciate easy access to all the amenities the city has to offer. With four individual units, this property presents an excellent opportunity for rental income. Each unit is designed to provide comfortable living spaces, ensuring a steady stream of rental revenue. Redlands has a strong rental market, and this property enjoys a historically low vacancy rate, making it a dependable income generator for investors. A Four car Garage and Ample off-street parking is available for residents, providing convenience and peace of mind. Redlands continues to grow in popularity, and property values have been on the rise. This investment property offers potential for future appreciation, making it a wise choice for long-term investors.
  1. Listed by Edwin Medina • DRE #01992399 • Brokerage DRE #01724999 • Prestige Investments Group Inc • 562 900-4671
  2. Listed by Alan Medina • DRE #02073760 • Brokerage DRE #01724999 • Prestige Investments Group Inc

Property Details for 1218 Oxford Drive

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4006
Assessor Parcel Number
0167-271-40-0000
Property Attached YN
true

Location

Listing Courtesy of Prestige Investments Group Inc, Edwin Medina, DRE #01992399; Prestige Investments Group Inc, Alan Medina, DRE #02073760

Sold By PPF Realty, Peter McKernan, DRE #01968986

Add your commute
LISTING UPDATED: 02/05/2024 06:57 AM

Property Details for 1218 Oxford Drive

StatusClosed
MLS #PW23176180
Days on Market65
Taxes-
HOA Fees$475 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1985
Lot Size0.28 AC / 12,000 SF
CountySan Bernardino County

Location

Listing Courtesy of Prestige Investments Group Inc, Edwin Medina, DRE #01992399; Prestige Investments Group Inc, Alan Medina, DRE #02073760

Sold By PPF Realty, Peter McKernan, DRE #01968986

Add your commute

Building Information for 1218 Oxford Drive

Stories2Residences-Year Built1985Building Size-Lot Size0.28 AC / 12,000 SF

Payment Calculator

$7,615 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$1,137

HOA Dues

$475

The Payment Calculator is for illustrative purposes only.

Property Information for 1218 Oxford Drive

Rental Info
Rental Info
  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas, Telephone, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $71,949
  • Gross Scheduled Income: $71,949
  • Net Operating Income: $60,669
  • Financing: Other/Remarks
Expense Details
  • Operating Expense: $11,280
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,600
  • Trash Expense: $5,700
  • Water Sewer Expense: $5,200
  • Total Expenses: $13,500
Tax / Assessment Info
  • Tax Tract Number: 10142
  • Tax Census Tract: 80.03
  • CFD/Mello-Roos Fee: $1,832
  • Tax Lot: 9
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Foothills, Gutters
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal
  • Equipment: Dishwasher, Laundry Area
  • Interior Features: Ceiling Fan(s), Granite Counters
  • Room Type: Kitchen, Living Room
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: Bath, Family Room, Kitchen, Outside
  • Fireplace Rooms: Bath, Family Room, Kitchen
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Front Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,906
  • Unit Type Total Rent: $1,906
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,575
  • Unit Type Total Rent: $1,575
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,334
  • Unit Type Total Rent: $1,334
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,180
  • Unit Type Total Rent: $1,180
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1218 Oxford Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1218 Oxford Drive

Taxable ValueLand$224,400Additions$902,700Total$1,127,100
Tax Record2023$13,649 ($1,137 / month)
Home Facts
Total Finished SqFt4,006 SqFtAbove Grade Finished SqFt4,006 SqFtStories2Lot Size12,000 SqFtStyleQuadraplexYear Built1985CountySAN BERNARDINOAPN0167-271-40-0000

Schools near 1218 Oxford Drive

This home is within Redlands Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Lugonia Elementary School
PublicK to 5

Moore Middle School
Public6 to 8

Citrus Valley High School
Public9 to 12

Redlands Eacademy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Prestige Investments Group Inc, Edwin Medina, DRE #01992399; Prestige Investments Group Inc, Alan Medina, DRE #02073760

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.