32
Map
$605,000
●
House -
Off Market
907 W Olive Avenue
Redlands, CA 92373
3 Beds
1 Bath,
1
Half Bath
1,106 Ft²
$2,946
Est. Monthly
About This Property
Welcome to this beautifully updated 3-bedroom, 1.5-bathroom home in
the heart of Redlands, just minutes from Downtown Redlands, Trader
Joe's and McKinley Elementary School! Sitting on over 1/4 of an
acre and thoughtfully renovated throughout, this charming home
features a newer roof and exterior paint, completed in 2020, lush
landscaping, a welcoming front porch, a spacious backyard deck,
birch hardwood flooring and tile throughout, granite countertops,
newer kitchen cabinetry, stainless steel appliances, fresh interior
paint, and a cozy brick fireplace that adds warmth and character. A
spacious 2-car garage completes the package. Whether you are
searching for the perfect first home or an excellent investment
opportunity with strong rental potential, this Redlands gem is one
you will not want to miss!
Unit Size
1,106 Ft²
Days on Market
49 days
Land Size
0.28 acres
Price per sqft
$542
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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 months ago (CRMLS #PI26151351)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2026 | Sold | ||
| Sold | |||
| Aug 10, 2026 | In contract | - | |
| In contract | |||
| Aug 7, 2026 | Price Decreased |
$599,900
↓ $25K
(4%) | |
| Price Decreased | |||
| Jul 25, 2026 | Price Decreased |
$625,000
↓ $25K
(3.8%) | |
| Price Decreased | |||
| Jul 10, 2026 | Listed by Keller Williams Realty Bakersfield | $649,900 | |
| Listed by Keller Williams Realty Bakersfield | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 South Redlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Alishaan Abbas, Keller Williams Realty Bakersfield
Last Updated: 3 months ago
Data Source: CRMLS, MLS# PI26151351
Last Updated: 3 months ago
Data Source: CRMLS, MLS# PI26151351
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