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Sold for $550,000 on 06/30/25
  • Listing Provided by: 

    Melissa Perez DRE #01803254 951-741-8441,

    REAL BROKERAGE TECHNOLOGIES

    $550,000

    555 S Center St, Redlands, CA 92373

    3beds
    1,702sqft
    Single Family Residence
    Built in 1941
    8,400 Square Feet Lot
    $549,900 Zestimate®
    $323/sqft
    $3,263 Estimated rent

    What's special

    Investor Opportunity in Prime Redlands Location – Welcome To The Cornerstone on Center! Positioned on a highly visible 8,400 sq ft corner lot along prestigious Center Street, this 3-bedroom, 2-bath single-family home presents a compelling opportunity for investors seeking value-add potential in one of Redlands’ most sought-after neighborhoods. Surrounded by beautifully preserved historic homes and located directly across from the iconic Gerrards Market, this 1,702 sq ft property offers unbeatable location with long-term upside. The home includes an 80 sq ft basement, a 468 sq ft detached garage, and a charming 208 sq ft covered front porch—providing added utility and future potential. Its proximity to the Packing House District, Downtown Redlands, and the Arrow Rail commuter line makes it ideal for short-term rental strategies or long-term appreciation plays. Redlands continues to show strong fundamentals: rising home values, low vacancy rates, and a robust local economy anchored by a median household income nearing $100K. Zoned for Redlands Unified School District and walkable to schools, shops, and transit, this property offers a strategic footprint in a high-demand market. Sold as-is. Ideal for cash buyers or investors looking to renovate, reposition, or hold. With strong rental comps and increasing demand, The Cornerstone on Center is a rare acquisition opportunity in a city where inventory remains tight and appreciation trends are on the rise.

    Zillow last checked: 7 hours ago

    Listing updated: June 30, 2025 at 05:03pm

    Listing Provided by:

    Melissa Perez DRE #01803254 951-741-8441,

    REAL BROKERAGE TECHNOLOGIES

    Bought with:

    Michael Gutierrez, DRE #00979300

    Signature R.E. And Financial

    Source: CRMLS,MLS#: CV25118356MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Bathtub, Separate Shower
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Ceiling Fan(s), Separate/Formal Dining Room, Tile Counters, All Bedrooms Down
    • Flooring: Concrete, Vinyl, Wood
    • Windows: Wood Frames
    • Basement: Finished
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,702 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front door
    • Patio & porch: Covered, Patio
    • Pool features: None
    • Spa features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 8,400 sqft
    • Dimensions: 70 Fr x 120 Depth
    • Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Street Level, Yard
    Details
    • Additional structures: Storage
    • Parcel number: 0173012030000
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence
    Materials
    • Concrete, Plaster
    Condition
    • Fixer
    • New construction: No
    • Year built: 1941

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Redlands

    Other

    Other facts
    • Listing terms: Cash
    Services availability
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    Estimated market value

    $549,900