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We are pleased to present for sale a rare mixed-use investment in an ideal location, nestled between historic downtown Redlands and the Redlands Packing House District. 1 bedroom plus flex room and 1 bath each unit. The 1628sf property is walking and biking distance to University of Redlands (East), ESRI campus (South), Trader Joes, Vons, Orange Theory, Sprouts, Redlands Passenger Rail station, all major banks and several coffee shops. Loma Linda University and Medical Center is a 10 min drive. With recent improvements, this San Francisco style mixed-use property has long term residential tenancy with stabilized rental income. Both units feature an open concept interior with loft height ceilings, fully remodeled kitchen and bathroom per unit, separate HVAC, electrical and water, laundry hookups, fully landscaped yards, side yards(dog run) with motorized-gated secured parking per unit. Redlands Elementary, Franklin Elementary and Redlands High School are nearby. The property has convenient access to the 10 and 210 freeways. Both units are fully occupied paying market rents.
Listing agent: Michael De Perio DRE #01870969 mike@kirela.co, Listing office: Kirela Real Estate Co
MLS data updated 10/19/2026, 11:21:41 AM PT
Source: CRMLS, MLS #: P1-12571
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 24, 2023
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$665,000Closed sale · Mar 24, 2023ZIP 92374 · Mar 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.