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645 Los Altos
About This Property
The spacious primary suite includes a walk-in closet, remodeled bathroom, and french doors with direct backyard access. Additional interior upgrades include ceramic tile and hardwood flooring, dual-pane windows, new electrical, a whole house fan, and a solar attic fan. 3 bedrooms are on one end of the home with the other side that has another bedroom and bath.
Additional room on far side near the guest room of the home is currently being used as a gym, den and laundry room. Could easily be converted to a 5th bedroom if needed.
The backyard is designed for entertaining with a sparkling pool and spa, covered patio, gazebo with built-in BBQ and spectacular views. There is ample space on back of property that has potential for an ADU (buyer to verify all requirements with the City of Redlands). Energy-efficient features include dual pane windows, paid solar panels, a new concrete tile roof, and a new garage door with automatic opener. Seller has replaced all electrical and plumbing.
Conveniently located down the street from Mariposa Elementary. This move-in-ready home offers modern updates, energy efficiency, and exceptional indoor-outdoor living.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2026 | Sold | ||
| Sold | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Relisted | $1,299,999 | |
| Relisted | |||
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Listed by CENTURY 21 LOIS LAUER REALTY | $1,299,999 | |
| Listed by CENTURY 21 LOIS LAUER REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017