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Redlands, CA

$555,000

1058 Merced Street, Redlands, CA
3
Beds
2
Baths
1,318
Sq Ft
1990
Built
58
Days listed

About this home

Versatile Redlands Home with Investment Potential Near the University of Redlands. Whether you’re looking for a place to call home or a smart investment, this beautifully maintained Redlands property offers exceptional flexibility and long-term value. Located just minutes from the University of Redlands, this 3-bedroom, 2-bath home is ideal for a variety of buyers—from growing families to investors seeking a high-demand rental opportunity. Step inside to discover brand-new interior paint and carpet, soaring ceilings, abundant natural light, central heating and air conditioning, a cozy fireplace, and stylish finishes that create a warm, inviting atmosphere. The spacious sunroom offers the perfect space for a home office, playroom, fitness area, or additional living space. Outside, you’ll find a generously sized lot with room to relax, entertain, garden, or explore future possibilities such as an ADU. The attached two-car garage and ample outdoor space add even more versatility. Here is why You’ll Love This Home. Its walking distance to Crafton Elementary, Redlands East Valley High School, neighborhood parks, grocery stores, and scenic walking trails. Just minutes from the University of Redlands, making it an excellent option for faculty, staff, students, or investors interested in student housing. Ideal for owner-occupants, multi-generational living, or buyers looking to generate rental income. Move-in ready with recent updates and pride of ownership throughout. Peaceful, established neighborhood with convenient access to shopping, dining, and freeway connections. With its proximity to the University of Redlands and flexible layout, this property presents an excellent opportunity for buyers looking to build long-term wealth. Whether your vision is a primary residence, a rental home for families, housing for university students, or a future ADU, this property offers the flexibility to fit your goals. Opportunities like this in Redlands don’t come along often. Schedule your private showing today and see why this home is the perfect place to live, invest, and grow.

Facts & features

Interior
Bedrooms
3
Bathrooms
2 full
Living area
1,318 sq ft
Interior features
All Bedrooms Down
Appliances
Dishwasher, Disposal, Gas Range
Flooring
Carpet, Tile
Fireplace
Gas, Living Room
Heating
Central
Cooling
Central Air
Laundry
In Garage
Levels
One
Spa
None
Exterior & lot
Lot size
0.189 acres (8,250 sq ft)
Pool
None
Year built
1990
Parking
Driveway, Driveway Up Slope From Street, Garage, On Street
Parking spaces
2
Community
Area
268 - Redlands
County
San Bernardino
Community features
Park, Street Lights, Sidewalks
Listing details
Status
Active
Property type
Single Family Residence
Days on market
58
Listed
2026-05-27
Original price
$595,000
Terms
Cash, Conventional, FHA, Submit
Parcel #
0168691370000
MLS #
IG26115604
Listed by
Frank Wilson III · KELLER WILLIAMS REALTY

Location

Price history

Listed
$595,000 · 2026-05-27
Price reduced
$555,000 (−$40,000)
Days on market
58
Current price
$555,000
Financing

Could this home be yours?

Estimated monthly payment
$3,482
$2,806 principal & interest · $675 taxes & insurance
$111,000
Estimate only
Loan $444,000

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Estimated value range nearby
$546,027$640,989

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of KELLER WILLIAMS REALTY. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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