ActiveSingleFamilyResidence

116 Franklin

Redlands, CA, 92373

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$1,148,888

MLS: DW26027937

Beds

5

Baths

3

Sq Ft

2,793

Lot

0.69 ac

Year Built

1948

MLS #

DW26027937

Days on Market

72

Listed

Feb 6, 2026

Description

Welcome to 116 Franklin in the heart of Redlands! This beautiful home offers comfort, style, and convenience in a desirable neighborhood. Featuring spacious living areas, abundant natural light, and a functional floor plan, this property is perfect for everyday living and entertaining. Enjoy close proximity to schools, shopping, dining, and easy freeway access. A wonderful opportunity to own in one of Redlands’ most sought-after communities.

Location

Redlands, San Bernardino County, CA 92373

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Listed by: Maria Alvarez · ROA California Inc.

Payment estimate

$8,281

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $114,889 · Loan: $1,033,999

%
Principal & Interest
$6,353
Property tax (1.25%)
$1,197
Homeowners insurance
$300
Mortgage insurance
$431
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Redlands home with as little as 3.5% down using an FHA loan — roughly $40,211 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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