108 West Olive Avenue

Off Market

108 West Olive Avenue

Redlands CA 92373

3172 sq. ft.

11920 sq. ft.

Duplex

Last sold for $970,000

ERIC CHEN, last sold this property on 22 October 2025 after 113 days on market.

Overview

We are proud to exclusively present for sale a 4-unit apartment community located at 108 W Olive Avenue in the historic downtown district of the city of Redlands. The property is part of a portfolio which includes 305 W Olive Avenue (7 Units). The properties can be sold together or individually. 108 W Olive Avenue is located south of Interstate 10 and is situated between S 4th Street and Grant Street, south of Redlands Boulevard. It is walking distance to downtown Redlands, Olive Market, the Redlands Bowl and Smiley Library. It is within biking distance to ESRI (the city’s top employer) and the University of Redlands; and within five miles of Loma Linda University Medical Center. 108 W Olive Avenue offers convenient access to the 10, 210 and 215 freeways and neighboring cities in the county—Loma Linda, Yucaipa, and Colton. It is located less than 6 miles from the San Bernardino International Airport and just a short drive from Riverside, Ontario, Moreno Valley, and San Bernardino – all major logistic hubs within the region. Several significant local landmarks are also within a short distance, including: Yaamava' Resort & Casino, Big Bear Lake, Lake Arrowhead, the San Bernardino National Forest, Morongo Casino Resort & Spa and more. Built in 1910, 108 W Olive Avenue is comprised of a two-story building with four apartment units comprising of one-bedroom/one-bath units. The property has a lot size of ±11,920 square feet and total rentable square feet of approximately ±3,172 square feet. The units feature built-in cabinetry, high ceilings, ceiling fans, wall air conditioning and heating, and included appliances. The common areas feature lush landscaping with large mature trees and an on-site laundry facility. 108 W Olive Avenue is an income-producing property and a great long-term value-add investment opportunity. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.

Features

4 bedrooms

4 bathrooms

3172 sq. ft. floor area

11920 sq. ft. lot size

Duplex

Estimated Value

We need at least 3 similar 4 bedroom duplexes sold in Redlands over the last 12 months.

Property history for 108 West Olive Avenue

2025

Sold

$970,000

22 Oct 2025 by ERIC CHEN, of CB RICHARD ELLIS

Happy sellers in Redlands

80%

80% of sellers in Redlands reported that their sale price either exceeded or met their price expectations.

Redlands stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Redlands over the last 12 months.

Local market activity for 4 bedroom duplexes in Redlands

In the last 12 months, 1 four-bedroom duplex similar to 108 West Olive Avenue, have been sold.

This represents a 100% decrease in four-bedroom duplexes sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Redlands for a market analysis.

Cristina Caministeanu

(170 reviews)

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April Denson

at Realty ONE Group West | Murrieta

(48 reviews)

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Melissa Williams

at Ace Realty Inc.

(1 review)

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Brenda Piceno

at Coldwell Banker Realty - Riverside

(37 reviews)

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Nearby agents

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Cristina Caministeanu

Sellers who recommend Cristina Caministeanu have praised them for being local expert, responsive, great negotiation, clear communication, reliable, supportive, and honest