44
Map
$540,000
↓ $45K (7.7%)
●
House -
For Sale
1245 Prado
Redlands, CA 92374
3 Beds
2 Baths
1,560 Ft²
$2,652
Est. Monthly
About This Property
PRICE IMPROVEMENT - NOW $540,000! Welcome to this charming 3
Bedroom, 2 Bathroom Redlands home. A perfect single story
opportunity for homeowners to make it their own. Ideally situated
just minutes away from the University of Redlands, this property
combines neighborhood charm with unbeatable convenience. The open
floor plan allows for each room to seamlessly flow into the next.
The office can easily be converted back into a fourth bedroom as
well! Enjoy easy access to shopping, popular restaurants, parks,
and everyday amenities, all just minutes away. Commuters and
healthcare professionals will appreciate the close proximity to
Loma Linda University Health and major transportation routes.
Set in a well-established neighborhood known for its pride of ownership, this home provides the perfect foundation for a first-time buyer, investor, or anyone seeking a home they can make their own. Whether you're envisioning light cosmetic updates or a more extensive renovation, the location alone makes this an exceptional opportunity.
Set in a well-established neighborhood known for its pride of ownership, this home provides the perfect foundation for a first-time buyer, investor, or anyone seeking a home they can make their own. Whether you're envisioning light cosmetic updates or a more extensive renovation, the location alone makes this an exceptional opportunity.
Unit Size
1,560 Ft²
Days on Market
145 days
Land Size
0.17 acres
Price per sqft
$346
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 days ago (CRMLS #SW26116011)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2026 | Price Decreased |
$540,000
↓ $45K
(7.7%) | |
| Price Decreased | |||
| Sep 18, 2026 | Price Increased |
$585,000
↑ $60K
(11.4%) | |
| Price Increased | |||
| May 22, 2026 | Listed by Abundance Real Estate | $525,000 | |
| Listed by Abundance Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 1560
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1979
Levels: One
Patio and Porch Features: Covered, Patio, Open
Pool Features: None
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 7452
Lot Size Units: Square Feet
Lot Size Acres: 0.1711
Lot Size Square Feet: 7452
Tax Lot: 40
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Redlands
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Listed by: Tyler Bishop, Abundance Real Estate
Last Updated: 3 days ago
Data Source: CRMLS, MLS# SW26116011
Last Updated: 3 days ago
Data Source: CRMLS, MLS# SW26116011
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