0 Placer St, Redlands, CA 92374

Pleased to present the opportunity to acquire vacant land for multi-family development. This exceptional 1-acre parcel is located in the heart of downtown Redlands, California, offering a rare infill opportunity in one of the Inland Empire’s most desirable and growing markets. Zoned R-S (Suburban Residential), the site is ideally suited for residential development, with flexible options for both single-family and higher-density housing. The property benefits from favorable lot dimensions that support a tentative parcel map for up to four single-family lots—an entitlement anticipated to be easily obtainable. Additionally, the site offers strong potential for multifamily or senior housing development through a Conditional Use Permit (CUP) or zoning change. The land was previously entitled for SFR, making it a viable candidate for similar redevelopment. Potential access constraints may require encroachment permits or easements, which should be evaluated during due diligence. Redlands is experiencing significant downtown revitalization, with an influx of restaurants, breweries, and retail enhancing its walkability and live-work-play appeal. The recently launched Arrow Rail Line connects the city to San Bernardino and the greater Metrolink network, making it increasingly attractive for commuters and supporting transit-oriented development. These improvements are driving both residential and commercial interest in the area. The site is also located near major economic and educational anchors, including the University of Redlands and Loma Linda University Medical Center, along with the VA Hospital. These institutions provide stable employment and consistent housing demand. Redlands' strong demographics, quality schools, and affordability compared to coastal Southern California markets continue to attract families, professionals, and retirees seeking a high quality of life. This offering represents a strategic investment opportunity with multiple development pathways, in a community that supports smart growth and urban infill. With its excellent location, existing zoning, and proximity to key infrastructure and amenities, this site is well-positioned for long-term value creation.