Active

211 E Olive Avenue

Redlands, CA 92373
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SqFt16,912

Sqft(Lot)

211 Olive Residences Ready-To-Issue Multifamily Development Site | 15 Units | Downtown Redlands, CA 92373Offered at $1,550,000. This is a fully entitled development opportunity in the heart of Downtown Redlands. The entitlement work is complete. The project consists of 15 market-rate residential units across two structures totaling 22,277 square feet. Eleven apartments occupy a three-story main building. Four ADUs occupy a separate detached structure. The unit mix is three one-bedroom, seven two-bedroom, one three-bedroom, and four ADUs. Plans were designed by Gary Miller, AIA of Miller Architectural Corporation .All design disciplines are fully coordinated and approved. Architectural, structural, civil, mechanical, electrical, plumbing, fire, life safety, and landscape. The site is 0.39 a cres and carries an AB 2097 parking exemption due to its proximity to the Redlands Arrow Metrolink station. On-site parking is provided. Downtown Redlands is a proven submarket. The University of Redlands drives consistent rental demand. Orange Street Alley and State Street anchor a walkable retail and dining corridor. The Arrow Line connects residents to the broader Metrolink network. Fully entitled multifamily sites in Downtown Redlands rarely come to market. This submarket offers immediate access to a thriving retail and dining corridor, the University of Redlands, the Arrow Metrolink Line, and an established base of national and local tenants that continue to drive foot traffic and rental demand throughout the area.

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Detail Ic Property Details

Property Type : Land

Price : $1,550,000

AD Id : 75767450

MLS Id : 26659313

Lot Size : 16,912 Sqft(Lot)

County : San Bernardino

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Feature Features

  • Bathroom Information

    Total Baths: 0 Full Baths: 0 Half Baths: 0

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.3882
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 16912

  • Listing Price Information

    Original List Price: 1,550,000 Listing Contract Date: 2026-03-02
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 0171281300000

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 268 - Redlands Directions: From the 10 Freeway, exit Orange Street and head south. Turn left on Olive Avenue. Property is located at 211 East Olive Avenue on the left. Source Property Type: Land Area: 268 - Redlands
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Highview Drive, Redlands, CA, 92373 $250,000 -- -- -- 14,599 Sqft(Lot)
400 Walnut Avenue, Redlands, CA, 92373 $590,000 -- -- -- 137,214 Sqft(Lot)
Wabash Avenue, Redlands, CA, 92373 $499,000 -- -- -- 74,052 Sqft(Lot)
E Sunset Drive, Redlands, CA, 92373 $235,000 -- -- -- 24,829 Sqft(Lot)
E Sunset Drive, Redlands, CA, 92373 $235,000 -- -- -- 40,946 Sqft(Lot)
W Sunset Drive, Redlands, CA, 92373 $200,000 -- -- -- 57,900 Sqft(Lot)
Garden Street, Redlands, CA, 92373 $499,000 -- -- -- 17,300 Sqft(Lot)
Edgemont Drive, Redlands, CA, 92373 $215,000 -- -- -- 217,800 Sqft(Lot)
1702 Dwight Street, Redlands, CA, 92373 $395,000 -- -- -- 43,377 Sqft(Lot)
Live Oak Canyon Rd, Redlands, CA, 92373 $499,000 -- -- -- 185,130 Sqft(Lot)

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ByOwner last updated this listing 06/07/2026 @ 15:15

MLS: 26659313 LISTED BY: Oscar Diaz, Marcus & Millichap 310-909-5500 SOURCE: CRMLS

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