1140 Oxford Dr , Redlands, CA 92374
$1,074,999
Est. Payment: $5,693.90/mo
10 Bed
7 Bath
4006 Sqft
Status: Active | Days on site: 20
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House 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.

Highlights

Listed by Joe Marroquin , 909-557-3802 Realty Masters & Associates , 951-384-6600. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.28

HOA Fee

718 Monthly

Year Built

1985

County

San Bernardino

Area

268 - Redlands

Listing ID

IG26177530

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:10
  • Bathrooms:7
  • Full Bathrooms:
Appliances:Dishwasher, Disposal, Gas Range, Water Heater
Air Cond:Central Air
Fireplaces:Gas,Living Room
Floor:Carpet,Laminate,Tile
Water:Public

Exterior Features

Lot:Near Public Transit,Sprinkler System,No Land Lease
Garage Capacity:12
Roof:Composition
Others:
  • Additional:2+ Total Units
Sewer:Public Sewer
Parking Features:Assigned,Carport,Garage,One Space
Principal Interest
$5,694
Taxes
$685
HOA
$718

Home Price

$1,074,999

Loan Details

30 yrs
6.952%

Down Payment

20%
$215,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,693.90

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $5,693.90 $685.31 $718.00 $7,097.21
Yearly $68,326.79 $8,223.74 $8,616.00 $85,166.54
Total $2,049,803.84 $246,712.27 $258,480.00 $2,554,996.11

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Redlands, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-24T03:03:58.000Z

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