$1,550,000
- Studio
- 22,277 sqft (on 0.39 acres)
211 E Olive Ave, Redlands, CA 92373
Est. Mortgage $9,769/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
0.39 acre lot
$70/sqft
Local Information
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About this House
211 Olive Residences Ready-To-Issue Multifamily Development Site | 15 Units | Downtown Redlands, CA 92373. Offered 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 (3) one-bedroom one-bath, (7) two-bedroom one-bath, and (1) three-bedroom two-bath in the main building. The four ADUs consist of (2) two-bedroom two-bath units up to 1,150 square feet located on the north portion of the parking garage and (2) two-bedroom two-bath units up to 950 square feet in the detached stacked structure. 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 acres 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.
Last check for updates: 1 day ago
Listing courtesy of Oscar Diaz DRE # 02022902, (213) 999-2124
Marcus & Millichap, (310) 909-5500
Source: CLAW, MLS#26661985

Home Details for 211 E Olive Ave
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Dimensions and Layout Living Area: 22277 Square Feet |
Heating & Cooling Heating: OtherHas CoolingAir Conditioning: OtherHas Heating |
Levels, Entrance, & Accessibility Levels: Multi/Split |
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Exterior Home Features Other Structures: Other |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Other |
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Days on Market: 180+ |
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Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 0171281300000 |
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Price List Price: $1,550,000Price Per Sqft: $70 |
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MLS Status: Active |
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Direction & Address City: Redlands |
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Listing Agent Listing ID: 26661985 |
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Building Area Building Area: 22277 Square Feet |
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Lot Area: 0.39 acres |
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Special Conditions: Standard |
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Mls Number: 26661985 |
Around this home
What Locals Say about Redlands
At least 668 Trulia users voted on each feature.
92 % Say it's dog friendly
88 % Say there are sidewalks
83 % Say car is needed
80 % Say parking is easy
79 % Say there's holiday spirit
75 % Say yards are well-kept
68 % Say people would walk alone at night
68 % Say kids play outside
66 % Say it's walkable to grocery stores
61 % Say they plan to stay for at least 5 years
60 % Say streets are well-lit
60 % Say it's quiet
55 % Say it's walkable to restaurants
53 % Say neighbors are friendly
49 % Say there's wildlife
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Redlands
Last updated August 2026
Avg. sale price
$671K
$5.83KMoM
Sale-to-List Price
99.8%
Price per sq ft
$375
$2MoM
Available listings
175
14MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Multi-Family Home | $970,000 | 10/22/25 | 4 | 4 | 3,172 | |
0.25 | Multi-Family Home | $1,200,000 | 02/13/26 | 4 | 2 | 3,080 | |
0.38 | Multi-Family Home | $1,320,000 | 12/05/25 | 6 | 7 | 4,517 | |
0.19 | Multi-Family Home | $651,900 | 10/22/25 | 3 | 2 | 1,488 | |
0.35 | Multi-Family Home | $1,150,000 | 11/18/25 | 5 | 7 | 3,800 | |
0.38 | Multi-Family Home | $1,500,000 | 12/23/25 | 6 | 7 | 4,618 | |
0.29 | Multi-Family Home | $625,000 | 03/05/26 | 5 | - | 2,873 | |
0.51 | Multi-Family Home | $1,060,000 | 10/30/25 | - | 3,396 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.11 | $466,100 | 3 | 1 | 1,088 | Off Market | |
0.16 | $540,000 | 4 | 3 | 2,259 | Recently Sold | |
0.19 | $710,000 | 3 | 2 | 1,488 | Off Market | |
0.19 | $650,000 | 3 | 2.5 | 1,905 | Recently Sold | |
0.19 | $349,900 | 2 | 2 | 994 | For Sale | |
0.19 | $767,300 | 4 | 2.5 | 2,628 | Off Market | |
0.19 | $223,500 | 4 | 2 | 1,440 | Off Market | |
0.19 | $185,800 | 1 | 1 | 567 | Off Market | |
0.23 | $676,500 | 4 | 2 | 2,044 | Recently Sold | |
0.24 | $471,400 | 2 | 1 | 644 | Off Market | |
0.23 | $961,600 | 4 | 4 | 3,172 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 3, 2026 Source: CLAW #26659313 | Listed For Sale | $1,550,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Oscar Diaz, Marcus & Millichap, (310) 909-5500
Agent Phone: (213) 999-2124

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-09-19 13:39:15 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.
Some IDX listings have been excluded from this website.
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Frequently asked questions about 211 E Olive Ave
- What is the estimated monthly payment for 211 E Olive Ave?Based on a $1,550,000 list price with 20% down at today's rates, the estimated monthly payment for 211 E Olive Ave in Redlands, CA is approximately $9,979 (about $8,393 principal & interest, $1,511 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 211 E Olive Ave compare to homes in Redlands?211 E Olive Ave in Redlands, CA is listed at $1,550,000, about 131% above the $671K median sale price in Redlands.
- What do residents say about Redlands?Residents describe Redlands, CA as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in Redlands, CA.
- What are the closest schools to 211 E Olive Ave?The closest schools to 211 E Olive Ave in Redlands, CA are Cope Middle School (rated 4/10), Kingsbury Elementary School (rated 6/10), Redlands Senior High School (rated 9/10).
- Does 211 E Olive Ave have air conditioning?Yes, 211 E Olive Ave in Redlands, CA has air conditioning.
- Does 211 E Olive Ave have parking?Yes, 211 E Olive Ave in Redlands, CA has on-site parking.
211 E Olive Ave, Redlands, CA 92373 is a studio, 22,277 sqft multi-family. This property is currently available for sale and was listed by CLAW on Mar 9, 2026. The MLS # for this home is MLS# 26661985.

