1046 N La Cadena Drive, Colton, CA 92324 - MLS#CV25187101

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 625,000

Est. payment | -/mo

6 Beds

2 Baths

Save

$ 625,000

Est. payment | -/mo

Save

6 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25187101

Bedrooms 6

Property Sub-Type Res Income 2-4 Units

Property Description

We are pleased to present an incredible opportunity to own a fully renovated 2-unit property in Coltonboth 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 gateallowing 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

Zoning Assessor

Direction South of Olive Street. West of Mt Vernon Avenue

Interior

Heating Floor Furnace

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 0161191060000

Listed by Kristopher German RE/MAX 2000 REALTY

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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1046 N La Cadena Drive Colton, CA 92324