Skip to Main Content
1002 Tribune Street, Redlands, CA 92374
Image Gallery
Property Photos
1002 Tribune Street
  1. Image 0 of 55 For 1002 Tribune Street
  2. Image 1 of 55 For 1002 Tribune Street
  3. Image 2 of 55 For 1002 Tribune Street
  4. Image 3 of 55 For 1002 Tribune Street
  5. Image 4 of 55 For 1002 Tribune Street
  6. Image 5 of 55 For 1002 Tribune Street
  7. Image 6 of 55 For 1002 Tribune Street
  8. Image 7 of 55 For 1002 Tribune Street
  9. Image 8 of 55 For 1002 Tribune Street
  10. Image 9 of 55 For 1002 Tribune Street
  11. Image 10 of 55 For 1002 Tribune Street
  12. Image 11 of 55 For 1002 Tribune Street
  13. Image 12 of 55 For 1002 Tribune Street
  14. Image 13 of 55 For 1002 Tribune Street
  15. Image 14 of 55 For 1002 Tribune Street
  16. Image 15 of 55 For 1002 Tribune Street
  17. Image 16 of 55 For 1002 Tribune Street
  18. Image 17 of 55 For 1002 Tribune Street
  19. Image 18 of 55 For 1002 Tribune Street
  20. Image 19 of 55 For 1002 Tribune Street
  21. Image 20 of 55 For 1002 Tribune Street
  22. Image 21 of 55 For 1002 Tribune Street
  23. Image 22 of 55 For 1002 Tribune Street
  24. Image 23 of 55 For 1002 Tribune Street
  25. Image 24 of 55 For 1002 Tribune Street
  26. Image 25 of 55 For 1002 Tribune Street
  27. Image 26 of 55 For 1002 Tribune Street
  28. Image 27 of 55 For 1002 Tribune Street
  29. Image 28 of 55 For 1002 Tribune Street
  30. Image 29 of 55 For 1002 Tribune Street
  31. Image 30 of 55 For 1002 Tribune Street
  32. Image 31 of 55 For 1002 Tribune Street
  33. Image 32 of 55 For 1002 Tribune Street
  34. Image 33 of 55 For 1002 Tribune Street
  35. Image 34 of 55 For 1002 Tribune Street
  36. Image 35 of 55 For 1002 Tribune Street
  37. Image 36 of 55 For 1002 Tribune Street
  38. Image 37 of 55 For 1002 Tribune Street
  39. Image 38 of 55 For 1002 Tribune Street
  40. Image 39 of 55 For 1002 Tribune Street
  41. Image 40 of 55 For 1002 Tribune Street
  42. Image 41 of 55 For 1002 Tribune Street
  43. Image 42 of 55 For 1002 Tribune Street
  44. Image 43 of 55 For 1002 Tribune Street
  45. Image 44 of 55 For 1002 Tribune Street
  46. Image 45 of 55 For 1002 Tribune Street
  47. Image 46 of 55 For 1002 Tribune Street
  48. Image 47 of 55 For 1002 Tribune Street
  49. Image 48 of 55 For 1002 Tribune Street
  50. Image 49 of 55 For 1002 Tribune Street
  51. Image 50 of 55 For 1002 Tribune Street
  52. Image 51 of 55 For 1002 Tribune Street
  53. Image 52 of 55 For 1002 Tribune Street
  54. Image 53 of 55 For 1002 Tribune Street
  55. Image 54 of 55 For 1002 Tribune Street
More Like This
  • MLS#: CV25088667 ( Apartment )
  • Street Address: 1002 Tribune Street
  • Viewed: 1
  • Price: $6,750,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 17
  • Additional Information
  • County: SAN BERNARDINO
  • City: Redlands
  • Zipcode: 92374
  • Provided by: CB RICHARD ELLIS
  • Contact: Eric Eric
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are proud to present an unique investment opportunity in the heart of Redlands: The Los Arboles Apartments. This 25 unit property, located at 1002, 1006, 1016, 1022, and 1028 Tribune Street and 1001 and 1007 Post Street, offers a rare advantage it comprises seven individually parceled buildings (three triplexes and four fourplexes) situated on a spacious 1.66 acre lot. Built in 1965, the well maintained complex features pitched composition roofs, and secure iron fencing with entry gates around all but one of the building clusters. The desirable unit mix includes primarily single story two bedroom/two bathroom units, supplemented by townhouse style two bedroom/two bathroom units and three bedroom/two bathroom units within two of the fourplexes. Residents benefit from ample parking with 23 garages, 4 carports, and 13 open spaces. The properties boast mature landscaping with lovely mountain views, courtyards, laundry facilities, individual porches or patios, and ample street parking. Units feature fully equipped kitchens with oven ranges, horizontal blinds, AC/ heating, storage space, carpet flooring, spacious floorplans, ample closet space and select units have dishwashers. Strategically positioned near vibrant Downtown Redlands and the University of Redlands, Los Arboles offers investors a stabilized asset with significant structural flexibility and strong location fundamentals. Redlands benefits from a diverse and resilient economy, anchored by major employers in technology (like global GIS leader Esri), logistics (including large distribution centers), healthcare, and education (University of Redlands). This robust employment base consistently attracts a strong workforce, driving sustained demand for rental housing throughout the city. The Los Arboles Apartments offers a central location with convenient access to the Metrolink Downtown Redlands Commuter Rail Station. The property is also nearby to shopping centers, theaters, restaurants, and trendy shops, catering to diverse needs and providing excellent entertainment options. The Los Arboles Apartments is a stable income producing asset in the Inland Empire, promising a strong return on investment. Whether youre a first time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long term value.
Property Location and Similar Properties
All
Similar
Request More Information
  • All fields are required.
Print Flyer
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Additional Parcels Description
  1. -02
  2. -03
  3. -04; -05
  4. -10
  5. -09
Building Area Total
  1. 27592.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Electric Expense
  1. 1400.00
Garage Spaces
  1. 25.00
Gardner Expense
  1. 4800.00
Heating
  1. Central
  2. Wall Furnace
Insurance Expense
  1. 20000.00
Laundry Features
  1. Common Area
Levels
  1. Two
Lot Features
  1. 21-25 Units/Acre
Netoperatingincome
  1. 316246.00
Newtaxesexpense
  1. 87566.00
Number Of Separate Electric Meters
  1. 25
Number Of Separate Gas Meters
  1. 25
Otherexpense
  1. 5000.00
Otherexpensedescription
  1. Reserves
Parcel Number
  1. 0169092010000
Pest Control Expense
  1. 1400.00
Pool Features
  1. None
Postalcodeplus4
  1. 4490
Professionalmanagementexpense
  1. 20796.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 436959535:CRM
Spa Features
  1. None
Totalactualrent
  1. 547272.00
Totalexpenses
  1. 203662.00
Trash Expense
  1. 22175.00
Uncovered Spaces
  1. 25.00
Vacancyallowance
  1. 27364
Water Sewer Expense
  1. 22175.00
Water Source
  1. Public
Year Built
  1. 1964
Year Built Source
  1. Assessor