Seller's Agent in 2025
Carolyn Vazquez
Synergy Real Estate
(909) 223-6904
3 in this area
106 Total Sales
1347 Pennsylvania Ave Colton, CA 92324
Estimated Value: $982,000 - $1,083,000
8
Beds
6
Baths
4,107
Sq Ft
$252/Sq Ft
Est. Value
Highlights
- No HOA
- Attached Carport
- 1-Story Property
About This Home
As of January 2025Welcome to 1347 Pennsylvania Avenue, Colton, CA! This well-maintained four-unit property offers an excellent investment opportunity in a desirable neighborhood.
Unit Breakdown:
Unit 1347 & Unit 1353: These spacious units each feature 3 bedrooms and 2 bathrooms. They are designed for comfortable family living and include open living areas, ample storage, and functional kitchens. The generous floor plans provide plenty of space for relaxation and entertainment.
Unit 1349 & Unit 1351: These cozy units each offer 1 bedroom and 1 bathroom. Ideal for singles or couples, these units provide a warm and inviting living space with all the essentials for modern living.
Property Highlights:
Well-Maintained: Regular maintenance and updates have kept the property in good shape, providing peace of mind to both owner and tenants.
Prime Location: Located in the heart of Colton, this property is close to shopping, dining, schools, and public transportation. Residents will appreciate the convenience and accessibility to all the amenities the area has to offer.
On-Site Parking: Parking is available on-site, providing convenience for residents and their guests.
Investment Potential: This property presents a fantastic investment opportunity with its mix of larger family units and smaller, more affordable options. The well-maintained condition ensures low maintenance costs and high tenant satisfaction, making it an attractive choice for investors looking for reliable rental income.
Don't miss the chance to own this versatile and well-maintained multi-family property at 1347 Pennsylvania Avenue. Contact us today to schedule a viewing and explore the potential this property has to offer!
Last Agent to Sell the Property
Synergy Real Estate Brokerage Phone: 909-223-6904 License #01418260 Listed on: 10/11/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,754
Year Built
- Built in 1964
Lot Details
- 8,025 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,107 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Parking
- Attached Carport
- Parking Available
- Assigned Parking
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 3
- Tax Tract Number 7090
- Assessor Parcel Number 0160234140000
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 1 Separate Electric Meter
- Fuel Expense $9,471
- Insurance Expense $2,502
- Trash Expense $1,620
- Water Sewer Expense $2,161
- Operating Expense $15,754
- Gross Income $62,527
- Net Operating Income $37,758
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 22, 2024
Sold by
Paul Kelly Lefler Living Trust and Lefler Paul Kelly
Bought by
Ma Ailan
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,800
Interest Rate
6.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 2014
Sold by
Waters Dora P
Bought by
The Paul Kelly Lefler Living Trust
Purchase Details
Closed on
Aug 26, 2014
Sold by
Waters Dora P
Bought by
Waters Dora P and The E David G & Dora P Waters
Purchase Details
Closed on
Nov 18, 2010
Sold by
Kinslow Pennsylvania Management
Bought by
Waters E David G and Waters Dora P
Purchase Details
Closed on
Mar 10, 2003
Sold by
Waters E David G and Waters Dora P
Bought by
Waters E David G and Waters Dora P
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ma Ailan | $1,038,000 | Fidelity National Title Compan | |
| The Paul Kelly Lefler Living Trust | -- | First American Title Company | |
| Waters Dora P | -- | First American Title Company | |
| Waters E David G | $250,000 | Chicago Title Company | |
| Waters E David G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ma Ailan | $622,800 | |
| Previous Owner | Lefler Paul Kelly | $408,000 | |
| Previous Owner | Lefler Paul Kelly | $324,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/07/2025 01/07/25 | Sold | $1,038,000 | -7.7% | $253 / Sq Ft |
| 10/14/2024 10/14/24 | Price Changed | $1,125,000 | +4.2% | $274 / Sq Ft |
| 10/12/2024 10/12/24 | Pending | -- | -- | -- |
| 10/11/2024 10/11/24 | For Sale | $1,080,000 | -- | $263 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,754 | $567,272 | $135,807 | $431,465 |
| 2024 | $6,754 | $556,149 | $133,144 | $423,005 |
| 2023 | $6,773 | $545,244 | $130,533 | $414,711 |
| 2022 | $6,720 | $534,553 | $127,974 | $406,579 |
| 2021 | $6,857 | $524,072 | $125,465 | $398,607 |
| 2020 | $6,887 | $518,699 | $124,179 | $394,520 |
| 2019 | $6,701 | $508,528 | $121,744 | $386,784 |
| 2018 | $6,593 | $498,557 | $119,357 | $379,200 |
| 2017 | $6,364 | $488,782 | $117,017 | $371,765 |
| 2016 | $6,523 | $479,198 | $114,723 | $364,475 |
| 2015 | $6,317 | $472,000 | $113,000 | $359,000 |
| 2014 | $1,398 | $100,827 | $20,165 | $80,662 |
Source: Public Records
Agents Affiliated with this Home
-
Carolyn Vazquez
-
Rita Chang
R
Buyer's Agent in 2025
Rita Chang
Pinnacle Real Estate Group
(909) 861-2800
5 in this area
40 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24211294
APN: 0160-234-14
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including 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
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