NOT LISTED FOR SALE

1428 N Bordwell Ave Colton, CA 92324

11 Beds
5 Baths
3,800 Sq Ft
0.4 Acres

Last Sold August 24, 2022

Last sale price $1,100,000 $289 Per Sq Ft

6 Days on Market

About This Home

As of August 2022

Welcome to this absolutely stunning income producing property for sale in the quiet and rural town of Colton, CA where you are collecting a total of $7,375/month!! Property shows great pride of ownership as the entire exterior has been fully updated. You can own this 5-unit property with the potential for a 6th unit. This building comes with 6 electrical meters and 6 gas meters and with approved plans for a 6th unit. This cash cow consists of four 2 bed 1 bath units and one 3-bed 1 bath unit. You have the potential for major upside while collecting very healthy rents. Located in a very desirable location, within walking distance to shopping centers, restaurants, and much more. Colton, referred to as the hub of the Inland Empire, is located in a suburb 60 mins from Los Angeles, Palm Springs, and Big Bear. Strategically located next to the I-10 and the I-215 freeways connecting destinations in every direction. Adjacent is the California University of Science and Medicine (CUSM) with Loma Linda University Medical Center and Kaiser Permanente less than six miles away. This will not last!

Last Listed By

Andrew Munoz

Keller Williams Pacific Estate License #01989243 Listed on: 07/19/2022

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.4 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • 3,800 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 24 / 10
  • Tax Tract Number 67
  • Assessor Parcel Number 0160261310000

Community Details

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $88,500
  • Net Operating Income $71,880

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Price Per Unit: 240000
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0160261310000
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 289.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 17600.00
  • Lot Size Acres: 0.4040

Multi Family

  • Gross Income: 88500.00
  • Gross Scheduled Income: 88500.00
  • Lot Size Area: 17600.0000 Square Feet
  • Net Operating Income: 71880.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 16620.00
  • Rent Control: No
  • Total Actual Rent: 7375.00

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 86.01
  • Tax Lot: 24
  • Tax Tract Number: 67.00

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $1,100,000 -8.3% $289 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $1,200,000 +84.5% $316 / Sq Ft
10/30/2020 10/30/20 Sold $650,500 0.0% $171 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
10/02/2020 10/02/20 Off Market $650,500 -- --
10/01/2020 10/01/20 For Sale $655,000 -- $172 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andrew Munoz

    Seller's Agent in 2022

    Andrew Munoz

    Keller Williams Pacific Estate

    (562) 261-0900

    1 in this area

    74 Total Sales

    Andrew Munoz
    Section Image
  • Jovani Pina

    Seller Co-Listing Agent in 2022

    Jovani Pina

    Keller Williams Pacific Estate

    (562) 457-9490

    1 in this area

    76 Total Sales

    Jovani Pina
    Section Image
  • Will Quanstrom

    Buyer's Agent in 2022

    Will Quanstrom

    Shaw Real Estate Brokers

    (909) 838-0886

    2 in this area

    139 Total Sales

    Will Quanstrom
    Section Image
  • T.C. Obichang

    Seller's Agent in 2020

    T.C. Obichang

    eXp Realty of California Inc.

    (951) 703-0377

    2 in this area

    31 Total Sales

    Section Image
  • Meg Montefalcon

    Seller Co-Listing Agent in 2020

    Meg Montefalcon

    EXP REALTY OF CALIFORNIA INC.

    (909) 904-2042

    2 in this area

    67 Total Sales

    Meg Montefalcon
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22159196

California Regional Multiple Listing Service (CRMLS)

California San Bernardino County Colton 92324

1428 N Bordwell Ave, Colton, CA

Homes for Sale in Colton, CA

This home is located at 1428 N Bordwell Ave, Colton, CA 92324 since 19 July 2022. This property was built in 1958. 1428 N Bordwell Ave is a home located in San Bernardino County with nearby schools including Abraham Lincoln Elementary School, Colton Middle School, and Colton High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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