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.
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
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#: CV25118356
Originating 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