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Listed by: Joe Marroquin (909) 557-3802 DRE #01332311 | Realty Masters & Associates (951) 384-6600
$1,074,999
Monthly Est:$5,351
10 Beds
7 Baths
4,006sqft
1140 Oxford Dr, Redlands, CA 92374
$1,074,999
$5,351/moEst:
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Quadruplex
Built in 1985
$718/mo HOA
12,000 sqft lot
$268/sq.ft
Description
Excellent investment opportunity in the heart Redlands! This well-maintained quadruplex features four separate units, including two spacious 3-bedroom, units and two spacious 2-bedroom units, offering a desirable mix of floor plans. The property has recently been updated with a new roof, new exterior paint, and new PEX plumbing throughout, providing several important improvements for the next owner.
Each unit has its own garage and covered carport, providing residents with convenient covered parking, along with additional off-street parking. A centrally located community laundry room adds another convenience for tenants.
Excellent value-add opportunity with four spacious units and current gross rental income of $81,288 annually. Actual NOI is $50,158. Current rents offer approximately $2,200 per month in potential upside, providing investors an opportunity to increase income through future rent growth.
The property is ideally located with easy access to Downtown Redlands for shopping, dining, and entertainment, along with convenient freeway access and close proximity to the University of Redlands. With four separate units, recent improvements, ample parking, and a desirable location, this property presents an excellent opportunity for an investor looking to add a multifamily property to their portfolio.
- Houzeo last checked: 1 minute ago
- Listing updated: October 7, 2026 at 11:33 pm
- Source: California Regional MLS-CA | MLS#: IG26177530
Part of
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1985
HOA Fees
$718/mo
Finished Area
4,006 sqft
Lot Size
12,000 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
IG26177530
MLS Status
ActiveUnderContract
Days on Market
55
Cumulative Days on Market
133
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Location
HOA Management
Citrus HOA
HOA Fees
$718/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Maintenance
Trash Pickup
PestControl
Utilities
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 7
Interior
Flooring
Carpet, Laminate, Tile
Heating
Central
Appliances
Dishwasher, Disposal, Gas Range, Water Heater
Cooling
Central Air
Window Features
Blinds
Sewer
Public Sewer
Construction
Year Built
Year Built: 1985
Home type
Quadruplex
Roof
Composition
Utilities & Energy
Water Source
Public
Fireplace Features
Gas, Living Room
Parking Features
Assigned, Carport, Garage, One Space
Association Amenities
Maintenance Grounds, Trash, Utilities
Laundry Features
Common Area
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Pool Features
None
Other Features
Tenant Pays
None
Community Features
Gutters, Street Lights, Sidewalks
Disclosures
Covenants Restrictions Disclosure, Hoa Disclosure, Rent Control
Lot Features
Near Public Transit, Sprinkler System
Price History
| Date | Event | Price |
|---|---|---|
10/07/2026 Source: | Contingent (Active Under Contract) | $1,074,999 $268/sqft |
09/03/2026 Source: | Price Decreased | $1,074,999 -2.27% $268/sqft |
08/20/2026 Source: | Price Decreased | $1,099,999 -6.38% $275/sqft |
08/14/2026 Source: | Listed for Sale | $1,175,000 -2.08% $293/sqft |
05/21/2026 Source: | Contingent (Active Under Contract) | $1,200,000 $300/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 11:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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