605 Ruiz Street, Redlands, California 92374, Redlands, - bed, bath
ACTIVE$999,900
605 Ruiz Street, Redlands, California 92374
3Beds
1Bath
1,500Sqft
6,486Lot
Year Built
1951
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25105626
Home ConditionFair
Features
Good View: City Lights
ViewCity Lights
About this home
NOW AVAILABLE, LOCATED IN THE HEART OF DOWNTOWN REDLANDS. THIS PROPERTY IS SITUATED IN THE VILLAGE CENTER PLANNED ZONE AND WILL BE A DELIGHTFUL ACQUISITION FOR YOUR PORTFOLIO. ANY INVESTOR/DEVELOPER SHOULD STOP IN THEIR TRACKS TO SEE THE VALUE IN THIS PROPERTY.
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (183 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 1 | 2 | 7% |
| Square foot | 1,500 | 1,585 | 43% |
| Lot Size | 6,486 | 7,044 | 42% |
| Price | $1,000K | $600K | 96% |
| Price per square foot | $667 | $357 | 99% |
| Built year | 1951 | 9925993 | 8% |
| HOA | |||
| Days on market | 178 | 175 | 54% |
Condition Rating
Fair
The property was built in 1951. The images show the exterior and neighborhood, but there are no interior images of the kitchen or bathroom. Given the age of the property, it likely requires updates, but without interior images, it's difficult to assess the extent of the needed repairs. Assuming it has been maintained through regular upkeep, it is rated as fair.
Pros & Cons
Pros
Prime Location: Located in the heart of downtown Redlands, offering convenient access to amenities, shops, and restaurants.
Investment/Development Opportunity: The property is situated in the Village Center Planned Zone, making it an attractive acquisition for investors and developers.
City Lights View: The property offers a desirable city lights view, enhancing its appeal.
Lot Size: The lot size of 6,486 sqft provides ample space for potential expansion or development.
High School District: Located within the Redlands Unified School District, which is a positive factor for families.
Cons
Age of Property: Built in 1951, the property may require updates and renovations to meet modern standards.
Limited Bathrooms: Only one bathroom for a 3-bedroom house may be insufficient for some buyers.
Price Point: The list price of $999,900 may be considered high for the area, given the age and condition of the property.