211 E Olive Avenue, Redlands, CA 92373
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
211 E Olive Avenue,Redlands, CA 92373
$1,550,000
- 0.39 Acres
- Lots / Land
- Active
Listed by: oscar diaz
Office: marcus & millichap
MLS#:CL26659313
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,550,000
About this home
211 Olive Residences Ready-To-Issue Multifamily Development Site | 15 Units | Downtown Redlands, CA 92373Offered at $1,550,000. This is a fully entitled development opportunity in the heart of Downtown Redlands. The entitlement work is complete. The project consists of 15 market-rate residential units across two structures totaling 22,277 square feet. Eleven apartments occupy a three-story main building. Four ADUs occupy a separate detached structure. The unit mix is three one-bedroom, seven two-bedroom, one three-bedroom, and four ADUs. Plans were designed by Gary Miller, AIA of Miller Architectural Corporation .All design disciplines are fully coordinated and approved. Architectural, structural, civil, mechanical, electrical, plumbing, fire, life safety, and landscape. The site is 0.39 acres and carries an AB 2097 parking exemption due to its proximity to the Redlands Arrow Metrolink station. On-site parking is provided. Downtown Redlands is a proven submarket. The University of Redlands drives consistent rental demand. Orange Street Alley and State Street anchor a walkable retail and dining corridor. The Arrow Line connects residents to the broader Metrolink network. Fully entitled multifamily sites in Downtown Redlands rarely come to market. This submarket offers immediate ac...
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Home facts
- Listing ID #:CL26659313
- Added:144 day(s) ago
- Updated:July 31, 2026 at 02:23 PM
Structure and exterior
- Lot area:0.39 Acres
- Architectural Style:Unimproved Land
Finances and disclosures
- Price:$1,550,000
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