223 Olive Ave, Redlands, CA 92373
OFF MARKET

223 Olive Ave
Redlands, CA 92373

  • 3 Beds
  • 4,257 sqft (on 0.26 acres)

$808,600

Trulia Estimate
as of Jun 4, 2026
Est. Refi. Payment $4,922/mo*
Refinance Your Home

$808,600

Trulia Estimate
as of Jun 4, 2026
Est. Refi. Payment $4,922/mo*
Refinance Your Home
3 Beds
4,257 sqft
(on 0.26 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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!!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 223 Olive Ave

Interior Features

Heating & Cooling
Heating: Other, Electric, GasHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2Floors: Other
Interior Details
Number of Rooms: 22

Exterior Features

Exterior Home Features
Roof: OtherExterior: Other

Property Information

Year Built
Year Built: 1903Year Updated: 1940
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 7

Lot Information

Lot Area: 0.26 acres

Price History for 223 Olive Ave

DatePriceEventSource
01/17/2020$475,000Sold
CRMLS #EV19193942
12/06/2019$475,000PendingAgent Provided
11/14/2019$475,000PriceChange
Agent Provided
10/09/2019$595,000PriceChange
Agent Provided
08/16/2019$675,000Listed For SaleAgent Provided
11/12/2003$151,200Sold
N/A
02/25/2000$142,500Sold
N/A

Market trends in Redlands

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$644K
$18.83KMoM
Sale-to-List Price
99.9%
Price per sq ft
$383
$1MoM
Available listings
142
7MoM
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Property Tax and Assessment

Year2025
Tax$6,457
Assessment$519,482
Home facts updated by county records

Comparable Sales for 223 Olive Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
108 W Olive Ave, Redlands, CA
0.10
Multi-Family Home
$970,000
10/22/25
4
4
3,172
305 W Olive Ave, Redlands, CA
0.02
Multi-Family Home
$1,150,000
11/18/25
5
7
3,800
120 W Olive Ave, Redlands, CA
0.09
Multi-Family Home
$1,200,000
02/13/26
4
2
3,080
316 S 4th St, Redlands, CA
0.17
Multi-Family Home
$625,000
03/05/26
5
-
2,873
24 Grant St, Redlands, CA
0.16
Multi-Family Home
$1,500,000
12/23/25
6
7
4,618
101 W Fern Ave, Redlands, CA
0.27
Multi-Family Home
$1,320,000
12/05/25
6
7
4,517
316 Sonora St, Redlands, CA
0.34
Multi-Family Home
$651,900
10/22/25
3
2
1,488
28 N Michigan St, Redlands, CA
0.43
Multi-Family Home
$745,000
10/31/25
4
2
1,634
230 S Buena Vista St, Redlands, CA
0.19
Multi-Family Home
$1,060,000
10/30/25
-
3,396
1002 Lombard Dr, Redlands, CA
1.08
Multi-Family Home
$757,000
12/19/25
8
8
4,360

Nearby homes

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Assigned Schools

These are the assigned schools for 223 Olive Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

  • 62 % 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

  • 30 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Friendly neighborhood. Mature trees and most minors take good care of their home. Every store and restaurant is relatively close by. "
    0
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  • Izzyrodri0810
    "They would like that there isn’t loose dogs around . I always take my dogs for walks. and I’m happy I don’t have to be worried about a loose dog coming unexpectedly "
    0
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  • Cynthia Cardona
    "I live in the neighborhood for 1 year and I like it, it feels safe and I love the parks around and the entertainment that the city offers. I also work in the area"
    1
    Flag
  • Laura Jimenez
    "Such a family oriented city people are close with each other. Take care of each other’s home and also let each other food if they need to or give each other produce and food. I love this city and I love my neighbors"
    1
    Flag
  • Jessi Flores
    "Quiet and clean, you can tell the community cares about how their community is kept. 10/10 recommend if you have little ones "
    1
    Flag
  • Hector Gonzalez
    "Nice people , that walk their dogs around and seem to pick up their dogs droppings. Friendly folk , safe neighborhoods. "
    1
    Flag
  • Nbrokaw
    "Best neighborhood EVER. Everyone watches out everyone else. Several neighbors have been here since 1986. We’re third family and have been here 25 years."
    1
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  • Trulia User
    "It’s a wonderful community with really cool people. Highly recommend it’s very welcoming with a sense of community. "
    1
    Flag
  • Trulia User
    "I would love to see us neighbors join together and keep our neighborhood safe and come together on the holidays ."
    1
    Flag
  • Hippiekaylee
    "Nice calm environment. Middle to high class. Safe and my favorite neighborhood I’ve had the pleasure to live in. "
    5
    Flag
  • Stephahughes18
    "Depends on where but sometimes the freeways sucks going west in the morning. Mondays being the absolute worst , unless you can carpool. "
    0
    Flag
  • Katelyn G.
    "Friendly neighbors and very beautiful neighborhood. Close to downtown and lots of shopping and restaurants. "
    10
    Flag
  • Valanteena J.
    "It quite safe and a great school district. I lived in Redlands more than once and I keep coming back. "
    3
    Flag
  • Miranda V.
    "A huge Halloween event where the streets are closed by law enforcement and the fire department. Kids are safe and most houses for blocks and blocks are decorated in spectacular fashion. Market night on Thursdays in downtown Redlands. "
    0
    Flag
  • Danielle F.
    "good smooth always easy driving to work and home 700 am 330 pm are my normal travel times hjjjsnjsbhdjndnnf "
    0
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  • Katelyn G.
    "I’ve lived in Redlands for 36 years. Beautiful town, great community:) I feel very lucky to have grown up here, and now raise my children here. "
    5
    Flag
  • Adelaide
    "Great neighborhood, never had any issues and neighbors are always respectful. Fireworks go off almost nightly though so that can get obnoxious. "
    0
    Flag
  • Jessica
    "The Redlands Farmers Market on Thursday and Saturday morning, youth athletics, parks and recreation."
    1
    Flag
  • Adelaide
    "Safe neighborhood and facilities such as parks are well maintained. I’ve never had issues walking alone in downtown or any other areas within the city/residential areas. "
    0
    Flag
  • Gabrielle B.
    "I love it here. Just took a job at Loma Linda and am looking at finding a place in Redlands. It’s super cute. "
    0
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  • Gilency
    "Great town to raise your kids. Market night (farmers market on Thursdays) is great. The gem of the Inland Empire."
    0
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  • Natalie D.
    "Park for dogs. Great areas for walking dogs. Not busy traffic. Friendly people in neighborhood. Hiking trails nearby. "
    0
    Flag
  • Aurora S.
    "The area is very safe, and has many bike lanes for bike rides around town. There are many little mom and pop shops, and all my time living in Redlands I have never gotten a package stolen."
    5
    Flag
  • Arianna M.
    "Not every street is well lit, so ensuring your children are home before dark is important. Redlands is active on the neighborhood app. "
    2
    Flag
  • Margaret W.
    "We have lots of events, Christmas. Parade, huge Halloween activities and close the streets down for the children to have a safe Trick or Treat. Thursday nights we have activities in downtown Redlands "
    0
    Flag
  • Carlos R.
    "The amount of homeless in my immediate area make my neighborhood unique. It’s close to downtown, I could walk to everything "
    0
    Flag
  • Brittany D.
    "It's a little rough lots a traffic as surrounding areas grow. hopefully it opens up a bit after they finish widening the freeway. "
    2
    Flag
  • Stiflekelsey
    "There are many families in Redlands as well as lots of parks, kid-friendly spaces, and a quaint downtown."
    1
    Flag
  • Patty H.
    "Market night Redlands Bowl Events Holiday Parades Downtown! Love Redlands! Not much crime! Great police officers! A walking town! So many events in our town!"
    2
    Flag
  • Edalsey
    "Nice sidewalks. It is a dog friendly area. There are always good places to walk the dogs. I wish I had more dogs."
    2
    Flag
  • Bigfern63
    "There’s a few dog parks. Most owners seem to be able to handle their pets. I haven’t seen a lot of dog poop laying around."
    3
    Flag
  • Haldineitor
    "is a nice place to live, quieted and everyone is friendly, clean and organized parks are very good maintain and they are pretty good to look at "
    1
    Flag
  • Dgonzales98
    "Safe, beautiful, fun downtown, and great schools. Also only 30 mins from the snow. Can’t wait for the train to start running."
    2
    Flag
  • Jeanette F.
    "There are many friendly people in the neighborhood, kids are all so nice and approachable. Everyone cleans up after there dogs as well"
    0
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  • Austin S.
    "Easy and simple. Little to no traffic to and from my house. I love living in Redlands as it’s a quiet and quaint town. "
    0
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  • Kyria M.
    "There is a lot of neighbors walking their dogs dog parks is a very family oriented well kept city with lots of things to do and places to go restaurant are very dog friendly "
    0
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  • Irena A.
    "We have lived here in Redlands for 10 years. My son went to Elementary, Middle, and now High school with all his friends. "
    0
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  • Wendebug
    "Friendly, quiet and close to a lot of fun activities. Parks are nearby, amusement parks, mountains and beaches are within an hour drive. Love the schools and the area very much! "
    1
    Flag
  • Wendebug
    "We don’t have great public transportation here in Redlands. But you can car pool with co-workers. Great access to the freeway. Our why’s are congested in southern ca."
    0
    Flag
  • Stacie l
    "Buses are near by. My commute is less than 15 miles. It is easy with very little traffic. I have many routes to take. "
    0
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223 Olive Ave, Redlands, CA 92373 is a 3 bedroom, 4,257 sqft multi-family built in 1903. This property is not currently available for sale. 223 Olive Ave was last sold on Jan 17, 2020 for $475,000. The current Trulia Estimate for 223 Olive Ave is $808,600.