NOT LISTED FOR SALE
4 Beds
2 Baths
1,808 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: January 13, 2023

Last sale price $585,000 $324 Per Sq Ft

138 Days on Market

Highlights

  • RV Access or Parking
  • 0.46 Acre Lot
  • No HOA
  • All Bedrooms Downstairs
  • Corner Lot
  • 5-minute walk to Central Park

About This Home

As of January 2023

Duplex with Commercial Development Potential! This great 19,900 sq.ft. corner property consists of 2 units on 3 commercial lots.

This property is now zoned light commercial / mixed-use. Currently a duplex per prior zoning rules and fully occupied, so you can earn rental income until you are ready to break ground and build!

Unit One is 3 bedroom / 1 bath; Unit Two is 1 bedroom / 1 bath with upgraded kitchen. Central air conditioning and heating in both units. Large spacious green play area in the front of the units. There is plenty of parking for several cars including RV parking.

This property is located near the commercial district of the city of Colton.

Last Agent to Sell the Property

Sabina Kelly

Coldwell Banker Realty License #01755880 Listed on: 05/05/2022

Coldwell Banker Realty

Last Buyer's Agent

Susana Del Hierro

eXp Realty of Southern California, Inc. License #02120238

eXp Realty of Southern California, Inc.
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 19,900 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Front Yard

Home Design

  • Property Attached
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,808 Sq Ft Home
  • Double Pane Windows
  • Living Room with Fireplace
  • Tile Flooring
  • Laundry Located Outside

Kitchen

  • Gas Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Parking Available
  • Driveway
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1-3
  • Assessor Parcel Number 0161255150000
  • $2,999 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $250
  • Water Sewer Expense $300
  • Operating Expense $1,550
  • Net Operating Income $31,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0.46 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Maloney
  • Water Sewer Expenses: 300.00
  • Property Type: Residential Income
  • Parcel Number: 0161255150000
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 323.56
  • Room Type: All Bedrooms Down, Kitchen
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Oversized, RV Access/Parking, Uncovered
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Central, Fireplace(s), Forced Air
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 250.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Level with Street
  • Lot Size Sq Ft: 19900.00
  • Lot Size Acres: 0.4568

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 19900.0000 Square Feet
  • Net Operating Income: 31400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 7600.00
  • Rent Control: No
  • Total Actual Rent: 1700.00
  • Total Expenses: 1550.00

Tax Info

  • Tax Census Tract: 70.02
  • Tax Lot: 1-3
  • TaxOtherAnnualAssessmentAmount: 2999.00

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Colton, CA

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2023 01/13/23 Sold $585,000 -4.1% $324 / Sq Ft
07/29/2022 07/29/22 Price Changed $610,000 -3.9% $337 / Sq Ft
07/08/2022 07/08/22 Price Changed $635,000 -6.5% $351 / Sq Ft
06/02/2022 06/02/22 Price Changed $679,000 -9.3% $376 / Sq Ft
05/12/2022 05/12/22 Price Changed $749,000 -6.3% $414 / Sq Ft
05/05/2022 05/05/22 For Sale $799,000 +60.1% $442 / Sq Ft
12/28/2021 12/28/21 Sold $499,000 -10.9% $276 / Sq Ft View Prior Sale
07/18/2021 07/18/21 For Sale $560,000 -- $310 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22092000

California Regional Multiple Listing Service (CRMLS)
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