1046 N La Cadena Drive new Save Request In-Person Tour Request Virtual Tour
Colton,CA 92324
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,538 sqft
Price per Sqft $246
MLS Listing ID CRCV25187101
HOA Y/N No
Year Built 1900
Lot Size 7,500 Sqft
Property Sub-Type OTHER
Source Datashare California Regional
Property Description
We are pleased to present an incredible opportunity to own a fully renovated 2-unit property in Colton—both units will be delivered vacant at the close of escrow! Ideal for investors seeking immediate market rents or owner-users looking to live in one and rent the other. The property features (1) 3-Bed/1-Bath + Office and (1) 3-Bed/1-Bath unit, both upgraded with new flooring, renovated kitchens, updated bathrooms, and more. Situated on a spacious 7,500 sq. ft. gated lot, the property also features xeriscape landscaping for low-maintenance ownership. The large lot allots plenty of room for ADU(s) in the future (Buyer to verify with city authorities). Major capital improvements already completed: new roof, copper plumbing, upgraded electrical wiring, new water main line, and perimeter security gate—allowing investors to focus on cash flow, not repairs. Utilities are separately metered for gas and electricity, further reducing ownership expenses. In unit laundry hookups available. With a projected 6.58% Cap Rate and 10.44 GRM at market rents, this is a rare chance to own a charming duplex with strong potential cash-flow in a high demand rental market.
Location
State CA
County San Bernardino
Interior
Heating Floor Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Other