$6,750,000

1002 Tribune St Redlands, CA 92374

1.7 acres
Condo

Property details

About 1002 Tribune St

We are proud to present an unique investment opportunity in the heart of Redlands: The Los Arboles Apartments. This 25-unit property, located at 1002, 1006, 1016, 1022, and 1028 Tribune Street and 1001 and 1007 Post Street, offers a rare advantage – it comprises seven individually parceled buildings (three triplexes and four fourplexes) situated on a spacious 1.66-acre lot. Built in 1965, the well-maintained complex features pitched composition roofs, and secure iron fencing with entry gates around all but one of the building clusters. The desirable unit mix includes primarily single-story two-bedroom/two-bathroom units, supplemented by townhouse-style two-bedroom/two-bathroom units and three-bedroom/two-bathroom units within two of the fourplexes. Residents benefit from ample parking with 23 garages, 4 carports, and 13 open spaces. The properties boast mature landscaping with lovely mountain views, courtyards, laundry facilities, individual porches or patios, and ample street parking. Units feature fully equipped kitchens with oven ranges, horizontal blinds, AC/ heating, storage space, carpet flooring, spacious floorplans, ample closet space and select units have dishwashers. Strategically positioned near vibrant Downtown Redlands and the University of Redlands, Los Arboles offers investors a stabilized asset with significant structural flexibility and strong location fundamentals. Redlands benefits from a diverse and resilient economy, anchored by major employers in technology (like global GIS leader Esri), logistics (including large distribution centers), healthcare, and education (University of Redlands). This robust employment base consistently attracts a strong workforce, driving sustained demand for rental housing throughout the city. The Los Arboles Apartments offers a central location with convenient access to the Metrolink Downtown Redlands Commuter Rail Station. The property is also nearby to shopping centers, theaters, restaurants, and trendy shops, catering to diverse needs and providing excellent entertainment options. The Los Arboles Apartments is a stable income-producing asset in the Inland Empire, promising a strong return on investment. Whether you’re a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.

Highlights

Home typeCondominium
HeatingCentral, Wall Furnace
StatusActive
CoolingCentral Air, Wall/Window Unit(s)
Lot size1.689 Acres
Year built1964
MLS #CV25088667
Garage25 spaces

Summary

  • MLS Number: CV25088667
  • MLS Name: CRMLS
  • Office Name: CB RICHARD ELLIS
  • Office Phone: (626) 757-5717
  • Listing Agent: Eric Chen

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2025, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

drone / aerial view with a residential view

$6,750,000

1002 Tribune St

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$497,402$5,960
2023$487,649$5,960
2022$478,087$5,875
2021$468,712$5,981
2020$463,905$5,730
2019$454,809$5,589
2018$445,891$5,543
2017$437,148$5,481

History based on county public records data.

Nearby schools

5

Franklin Elementary School

Public District KG-5

0.4 mi

850 E Colton Ave

3

Lugonia Elementary School

Public District KG-5

0.6 mi

202 E Pennsylvania Ave

6

McKinley Elementary School

Public District KG-5

1.2 mi

645 W Olive Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,331. The majority of Redlands, CA residents have income between $35k-100k annually. The most common type of family is single, with kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

25%
<35k
65%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

25%
Single, No Kids
33%
Single, with Kids
15%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
12%
12-17 yrs old
27%
18-34 yrs old
31%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1002 Tribune St

This home is located at 1002 Tribune St in Redlands, CA and zip code 92374 in the North Redlands neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $6,750,000.

In March 2025, from all listings sold in Redlands, CA there were more than 10 sold above asking price, over 18 sold below and more than 14 were sold right at the asked price. Between February and March 2025, Redlands, CA real estate market has seen increase in the number of listings by 8.8%. In March 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $638,285.

From Rocket Homes Real Estate and based on county public records data.

More resources