$847,100
- 3 Beds
- 4,257 sqft (on 0.26 acres)
223 Olive Ave, Redlands, CA 92373
Est. Refi. Payment $5,171/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 17, 2020 for $475,000
Home Value
Trulia Estimate
$847KSince last month
Increased$46K (+5.9%)Since last year
Decreased$10K (-1.2%)Since last sale
Increased$353K (+74.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +55% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $828K |
| July 2026 | $782K |
| June 2026 | $801K |
| May 2026 | $809K |
| April 2026 | $806K |
| March 2026 | $832K |
| February 2026 | $845K |
| January 2026 | $812K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|---|
0.10 | Multi-Family Home | $970,000 | 10/22/25 | 4 | 4 | 3,172 | |
0.02 | Multi-Family Home | $1,150,000 | 11/18/25 | 5 | 7 | 3,800 | |
0.09 | Multi-Family Home | $1,200,000 | 02/13/26 | 4 | 2 | 3,080 | |
0.17 | Multi-Family Home | $625,000 | 03/05/26 | 5 | - | 2,873 | |
0.16 | Multi-Family Home | $1,500,000 | 12/23/25 | 6 | 7 | 4,618 | |
0.27 | Multi-Family Home | $1,320,000 | 12/05/25 | 6 | 7 | 4,517 | |
0.34 | Multi-Family Home | $651,900 | 10/22/25 | 3 | 2 | 1,488 | |
0.43 | Multi-Family Home | $745,000 | 10/31/25 | 4 | 2 | 1,634 | |
0.19 | Multi-Family Home | $1,060,000 | 10/30/25 | - | 3,396 | ||
0.10 | Multi-Family Home | $970,000 | 10/22/25 | - | 3,172 |
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 |
|---|---|---|---|---|---|---|
0.02 | $1,150,000 | 5 | 7 | 3,800 | Recently Sold | |
0.07 | $816,300 | 4 | 2.5 | 2,239 | Off Market | |
0.08 | $795,700 | 4 | 2 | 1,811 | Off Market | |
0.09 | $980,800 | 4 | 2.5 | 2,849 | Off Market | |
0.05 | $705,000 | 4 | 2 | 1,275 | Recently Sold | |
0.09 | $1,200,000 | 4 | 2 | 3,080 | Recently Sold | |
0.09 | $1,664,500 | 10 | 6.5 | 6,771 | Off Market | |
0.07 | $954,700 | 5 | 2.5 | 2,450 | Off Market | |
0.10 | $961,600 | 4 | 4 | 3,172 | Off Market | |
0.16 | $1,500,000 | 6 | 7 | 4,618 | Recently Sold | |
0.19 | $1,434,700 | 6 | 7 | 3,936 | Off Market | |
0.17 | $825,800 | 3 | 2 | 2,094 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1903
Lot Size
0.26 acres
Living Area
4,257 sqft
Price/Sqft
$199
About this House
Drastic Price Reduction! Motivated Seller!! Submit All Offers!! Historic Home with approved plans for 7 units and potential income of $12K+. Built in 1903 as boarding home, later converted into seven (7) apartments. Sits on a prominent corner in the heart of the downtown historic district. The building has been under renovation since 2010 & is completely gutted inside. A new foundation and ornate masonry staircase was completed and approved by the City of Redlands on December 2012 with a cost of $85,000. Current owner has taken it to the next step of renovation by contracting for architectural drawings and getting approval through the Historic and Scenic Preservation Commission. HSPC approved the plans on October 5, 2017. Architectural Construction Plans were approved through the City of Redlands on October 30, 2018. The approved plans include 7 units- One 2 bedroom/2 bath, five 1 bedroom/1 bath, and one studio apartment for a total of 4,640 sq. ft. Amazing location provides walkability and cycling to downtown dining and entertainment, A.K. Smiley Library, Redlands Bowl, the Lincoln Shrine, University of Redlands and other points of interest. Redlands is a highly desirable place to live with easy commute to U of R, ESRI, and easy access to I-10. Seller has completed a structure and pricing analysis for this multi-unit income producing complex. If you are an investor with vision and courage call for an appointment to view the property and architectural plans today!!
223 Olive Ave, Redlands, CA 92373 is a 3 bedroom, 4,257 sqft multi-family built in 1903. It last sold for $475,000 on Jan 17, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $847,100, with a rent estimate of $1,844/month.
Home Details for 223 Olive Ave
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Heating & Cooling Heating: Electric, GasHeating Fuel: Electric |
Levels, Entrance, & Accessibility Stories: 2Floors: Other |
Interior Details Number of Rooms: 22 |
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Exterior Home Features Roof: OtherExterior: Other |
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Year Built Year Built: 1903Year Updated: 1940 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 7 |
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Lot Area: 0.26 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 17, 2020 Source: CRMLS #EV19193942 | Sold | $475,000 |
Dec 6, 2019 Source: Agent Provided | Pending | $475,000 |
Nov 14, 2019 Source: Agent Provided | PriceChange | $475,000 Price decreased by 20% |
Oct 9, 2019 Source: Agent Provided | PriceChange | $595,000 Price decreased by 12% |
Aug 16, 2019 Source: Agent Provided | Listed For Sale | $675,000 |
Nov 12, 2003 Source: N/A | Sold | $151,200 |
Feb 25, 2000 Source: N/A | Sold | $142,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $529,871 |
Home facts updated by county records
Market trends in Redlands
Last updated July 2026
Avg. sale price
$665K
$17.17KMoM
Sale-to-List Price
99.8%
Price per sq ft
$377
$4MoM
Available listings
160
2MoM
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 223 Olive Ave
- What is 223 Olive Ave estimated to be worth?Trulia's estimated value for 223 Olive Ave in Redlands, CA is $847,100.
- What is the price history for 223 Olive Ave?223 Olive Ave in Redlands, CA last sold for $475,000 in January 2020.
- Is Redlands a buyer's or seller's market?Redlands is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Redlands?The median sale price in Redlands is $665K. That is down $17.17K from the prior month.

