Description
Excellent investment opportunity in the city of colton. this legal two-unit property features two separate 2 bedroom, 1 bathroom units, each with its own gas, water, and electric meter.
live in one unit and rent out the other, or rent out both for steady cash flow. one unit is currently leased to a long-time tenant at $1,850 per month, and the second unit is rented at $700 per month. the property generates a gross scheduled income of $25,500 per year, with low annual operating expenses of just $4,200. net operating income is approximately $21,300 annually.
both homes have new roofs, and while the interiors could use some cosmetic upgrades and general tlc, the property offers strong value-add potential. situated on a 6,664 square foot lot, the property includes driveway parking and a storage shed. no rent control. eligible for fha, conventional, and va financing.
do not disturb occupants. drive by only. ideal for investors or owner-occupants looking for a multi-unit property with income, equity potential, and long-term upside.
Property Type
ResidentialCounty
San BernardinoStyle
ResidentialAD ID
50437468
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 2
- Full Baths: 2
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1925
Pool Features
- None
Laundry Features
- See Remarks
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.153
- Lot Size Source: Assessor
- Lot Size Square Feet: 6664
-
Listing Information
Listing Price Information
- Original List Price: 575,000
- Listing Contract Date: 2025-07-15
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 0163172500000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Driveway
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 273 - Colton
- Postal Code Plus 4: 3571
- Directions: Cross: Maple
- Source Property Type: Residential
- Area: 273 - Colton
- Property SubType: Duplex
Building and Construction
- Property Age: 100
- Common Walls: No Common Walls
- Structure Type: Duplex
- Year Built Source: Public Records
- Total Square Feet Living: 1444
- Entry Level: 1
- Entry Location: front
- Levels or Stories: One
- Building Total Stories: 1
- Structure Type: Duplex
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BuyOwner last updated this listing 07/23/2025 @ 22:47
- MLS: OC25158157
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 1,444 sqft, 6,664 sized lot, and 0 parking. are nearby neighborhoods.