323 E Colton
Redlands, CA, 92374
$599,000
MLS: IV26031317
Beds
3
Baths
2
Sq Ft
1,536
Lot
0.13 ac
Year Built
1891
MLS #
IV26031317
Days on Market
25
Listed
Feb 13, 2026
Description
Fantastic opportunity to purchase a turnkey home plus attached ADU, close to the University of Redlands and downtown. This rare opportunity offers a spacious 2 bedroom, 1 bath downstairs and a completely separate ADU upstairs featuring 1 bedroom, 1 bath and a kitchen. Also includes a garage and a storage room, along with a shared laundry room including 2 washers and 2 dryers. The roof was replaced in 2016. Separate meters for electricity. The units are in great condition and the lot is fully landscaped. Fantastic long term tenants that would love to stay if possible. This is an excellent investment opportunity!
Location
Redlands, San Bernardino County, CA 92374
Open on Google Maps ↗Listed by: DANIEL GRUNER · THE ASSOCIATES REALTY GROUP
Payment estimate
$4,461
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $59,900 · Loan: $539,100
- Principal & Interest
- $3,312
- Property tax (1.25%)
- $624
- Homeowners insurance
- $300
- Mortgage insurance
- $225
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 $20,965 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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