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About the Listing CLW-X74054 - CLW-C106176
Positioned on prestigious Fern Avenue within the highly sought-after Smiley Heights Historic District, this seven-unit multifamily property represents a rare investment opportunity in one of Redlands' premier locations. The asset benefits from close proximity to Downtown Redlands, the University of Redlands, and ESRI's global headquarters, which drives consistent rental demand and long-term tenant stability. Situated on an expansive 9,300+ square foot lot, the property features four private garages and additional open parking, providing ample on-site convenience for residents. The generous lot size also offers excellent potential for future Accessory Dwelling Unit (ADU) development, creating a clear path for increased income and long-term value appreciation. Residents enjoy a prime South Redlands setting known for its mature tree-lined streets, historic architecture, and convenient access to everyday amenities. The neighborhood offers top-rated schools, scenic parks, shopping and dining destinations, fitness centers, and easy connectivity to I-10 and the San Bernardino International Airport, located just seven miles away. This property presents investors with an exceptional opportunity to acquire a well-located, income-producing asset with significant value-add potential in one of the most desirable submarkets of Redlands.
Listing Highlights for 101 W Fern Ave
Status
Active
Days on Site
9
Property Type
Multi-Family
MLS ®
25607105
Year Built
1930
Total Square Footage
4,517
Lot/Acreage
0.21
County
San Bernardino
Area
268 - Redlands
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances: Refrigerator
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 8
- Zoning: R3
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Private,Uncovered,Parking Space
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 0173033050000
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
101 W Fern Ave Redlands, CA 92373
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