659 S 7th Street, Colton, CA, 92324

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$549,988
40 Days On Site

659 S 7th Street
Colton, CA 92324

For Sale|Duplex|Active
4
Beds
2
Total Baths
2
Full Baths
1,444
SqFt
$381
/SqFt
1925
Built
County:
San Bernardino
Listed by Andrew Poland Villagomez of Real Broker [email protected]
Call Now: 909-750-0222
Is this the listing for you? We can help make it yours.
909-750-0222
659 S 7th Street659 S 7th Street659 S 7th Street
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Monthly Payment (Est.)

$2,509
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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 will be delivered vacant, projected rent is $1,850 per month, and the second unit is rented at $855 per month. The property generates a gross scheduled income of $32,400 per year, with low annual operating expenses of just $4,200. Net operating income is approximately $28,200 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.

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Listing Snapshot
Price 
$549,988
Days On Site 
40 Days
Bedrooms 
4
Inside Area (SqFt) 
1,444 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.153 Acres
Year Built 
1925
MLS® Number 
OC25158157
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoPrice changed to $549,988
2 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.153
Number Of Stories 
1
Parking 
Driveway
Property Sub Type 
Duplex
Sewer 
Public Sewer
Special Circumstances 
Standard
Stories 
One
Water Source 
Public
Interior Features
Fireplace Features 
None
Heating 
Wall Furnace
Laundry Features 
See Remarks
Main Level Bedrooms 
4
EntryFoyer 
Family Room 
Kitchen 
Laundry 
Living Room 
Master Bathroom 
Master Bedroom 
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Exterior Features
Lot Features 
Corner Lot
Pool Features 
None
View 
City LightsNeighborhood
Waterview 
City LightsNeighborhood
Community Features
Building Access 
front
Community Features 
Street LightsSidewalks
Financing Terms Available 
ConventionalFHAVA Loan
MLS Area 
273 - Colton
School District 
Colton Unified
Schools
School District
Colton Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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