4 months on rocket

610 E Lugonia Ave Unit 4, Redlands, CA, 92374

$1,180,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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610 E Lugonia Ave Unit 4, Redlands$1,180,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage4 spaces
Year Built1985
CoolingCentral Air
MLS #WS24151457
Lot Size0.30 Acres
StatusActive

About 610 E Lugonia Ave Unit 4

Welcome to the heart of Redlands! Generate income from 4 properties in a desirable neighborhood with a steady rental income stream. The property is conveniently located close to public transportation, highways, restaurants, schools, shopping centers, parks and major transportation routes. Residents will have easy access to all amenities. Seller replaced all units plumbing work and termite work. 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 & gas bill for the hot water tank for all 4 units and the laundry area. Monthly HOA dues are $718. The HOA pays for dumpsters and normal gardening, conducts regular security patrols, and sets aside reserves to maintain the asphalt behind all buildings to provide a professionally maintained appearance.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 2

Listing Office:

  • Office Name: IRN REALTY
  • Office Phone: (626) 632-3688
  • Listing Agent: HELEN CHAN

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: E/Orange S/San Bernardino Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,180,000
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Housing Market Comparison

See how this home compares to others in Redlands, CA.

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Redlands, CA

City

Med. Sold Price

$640.3K

Med. Price/SqFt

$372

Avg. Days On Market

41

# of Sold Homes

37

610 E Lugonia Ave Unit 4 vs Redlands

139 DAYS ON ROCKET

+98 Days

$1,180,000

+$539.6K More

KEY TAKEAWAY

This property is $539.6K more than the Median Sold Price in Redlands, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #WS24151457

Listing Office:

  • Office Name: IRN REALTY
  • Office Phone: (626) 632-3688
  • Listing Agent: HELEN CHAN

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 6:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,957

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,604

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1770853
3
/10

  • Lugonia Elementary School

  • 202 E Pennsylvania Ave

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-1770854
5
/10

  • Franklin Elementary School

  • 850 E Colton Ave

  • 0.59 miles

  • Public District Grades KG-5

school-card-donut-1770855
5
/10

  • Judson & Brown Elementary School

  • 1401 E Pennsylvania Ave

  • 1.18 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,000. Residents of Redlands, CA typically earn between $35k-100k each year. Residents typically live in single, with kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 610 E Lugonia Ave Unit 4

What is the listing price of this property?

The listing price of 610 E Lugonia Ave Unit 4 property is $1,180,000.

What type of property is this?

The property 610 E Lugonia Ave Unit 4 is a condo located in Redlands, California, 92374.

Is this property for sale now?

Active Listing: 610 E Lugonia Ave Unit 4 is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 610 E Lugonia Ave Unit 4 is 1985.

Rocket Homes›California›San Bernardino County›Redlands›92374›610 E Lugonia Ave Unit 4

This home is located at 610 E Lugonia Ave Unit 4 in Redlands, CA and zip code 92374 in the North Redlands neighborhood. This home, which was built in 1985, sits on a 0.30 acre lot. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $1,180,000.

Redlands, CA housing market in November 2024 saw over 17 listings sold above listed price, more than 8 sold at listed price and over 12 sold below. The inventory of homes for sale in Redlands, CA between October 2024 and November 2024 decreased by 6.7%. In November 2024 median list price was $640,333 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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