ActiveSingleFamilyResidence

323 E Colton

Redlands, CA, 92374

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$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

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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
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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 $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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