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Positioned on prestigious Fern Avenue within the highly sought-after Smiley Heights Historic District, this seven-unit multifamily property represents a rare investment opportunity in one of Redlands' premier locations. The asset benefits from close proximity to Downtown Redlands, the University of Redlands, and ESRI's global headquarters, which drives consistent rental demand and long-term tenant stability. Situated on an expansive 9,300+ square foot lot, the property features four private garages and additional open parking, providing ample on-site convenience for residents. The generous lot size also offers excellent potential for future Accessory Dwelling Unit (ADU) development, creating a clear path for increased income and long-term value appreciation. Residents enjoy a prime South Redlands setting known for its mature tree-lined streets, historic architecture, and convenient access to everyday amenities. The neighborhood offers top-rated schools, scenic parks, shopping and dining destinations, fitness centers, and easy connectivity to I-10 and the San Bernardino International Airport, located just seven miles away. This property presents investors with an exceptional opportunity to acquire a well-located, income-producing asset with significant value-add potential in one of the most desirable submarkets of Redlands.
Property Type(s):
Residential Income
| Last Updated | 10/16/2025 | Year Built | 1930 |
|---|---|---|---|
| Community | 268 - Redlands | Garage Spaces | 4.0 |
| County | San Bernardino |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Refrigerator |
| AREA | 268 - Redlands |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 9361 sq ft |
| LOT DIMENSIONS | 60x156 |
| PARKING | Private |
| STORIES | 2 |
| STYLE | Craftsman |
| VIEW | Yes |
Location
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Listed with Keller Williams Beverly Hills
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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