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555 S Center St, Redlands, CA 92373

Sale Price: $550,000
May 30, 20251,702 sqft3 beds2 baths
Listed by: Melissa Perez
License #: 01803254
Phone #: 619-663-8680
REAL BROKERAGE TECHNOLOGIES
Source:
CRMLS Logo
MLS #: CV25118356

Property Description

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.
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,713

TurboHome Estimated Value

$521,600

$306 sqft

High Valuation
$547,680
$322/sqft
Normal Valuation
$521,600
$306/sqft
Low Valuation
$495,520
$291/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$306/sqft$521,600

Neighborhood

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Comparative Value

$529K

$550K

$660K

$673K

$705K

$725K

555 S Center St, Redlands, CA 92373

List Price: $529,000

Subject Property

555 S Center St, Redlands, CA 92373

Sale Price: $550,000

Selected Comparable

644 W Palm Ave, Redlands, CA 92373

Sale Price: $660,000

Selected Comparable

727 Esther Way, Redlands, CA 92373

Sale Price: $673,000

Selected Comparable

735 Esther Way, Redlands, CA 92373

Sale Price: $705,000

Selected Comparable

604 W Fern Ave, Redlands, CA 92373

Sale Price: $725,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
555 S Center St, Redlands, CA 92373

555 S Center St, Redlands, CA 92373

List: $529,000

Listed: 5/30/2025

Area:1,702 sqft
Price/sqft:$311
Beds:3
Baths:2
Year Built:
Lot Size:8,400

Comparable Properties

COMPARABLE
Choose comps
555 S Center St, Redlands, CA 92373

555 S Center St, Redlands, CA 92373

Sale: $550,000

6/30/20250.00 mi

Area:1,702 sqft
Price/sqft:$323
Beds:3
Baths:2
Year Built:
Weight:22.5%
727 Esther Way, Redlands, CA 92373

727 Esther Way, Redlands, CA 92373

Sale: $673,000

6/26/20250.24 mi

Area:1,481 sqft
Price/sqft:$454
Beds:3
Baths:2
Year Built:
Weight:20.0%
644 W Palm Ave, Redlands, CA 92373

644 W Palm Ave, Redlands, CA 92373

Sale: $660,000

5/2/20250.24 mi

Area:1,526 sqft
Price/sqft:$433
Beds:3
Baths:2
Year Built:
Weight:19.7%
604 W Fern Ave, Redlands, CA 92373

604 W Fern Ave, Redlands, CA 92373

Sale: $725,000

7/31/20250.26 mi

Area:1,581 sqft
Price/sqft:$459
Beds:3
Baths:1
Year Built:
Weight:19.0%
735 Esther Way, Redlands, CA 92373

735 Esther Way, Redlands, CA 92373

Sale: $705,000

11/1/20240.23 mi

Area:1,570 sqft
Price/sqft:$449
Beds:3
Baths:2
Year Built:
Weight:18.9%

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