659 S 7th St Colton, CA 92324
Estimated payment $3,169/month
Total Views
283,091
4
Beds
2
Baths
1,444
Sq Ft
$381
Price per Sq Ft
Highlights
- Hot Property
- Corner Lot
- Living Room
- City Lights View
- No HOA
- Laundry Room
About This Home
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.
Listing Agent
Real Broker Brokerage Phone: 760-686-3725 License #02185251 Listed on: 07/15/2025
Co-Listing Agent
Real Brokerage Technologies Brokerage Phone: 760-686-3725 License #02235487
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,348
Year Built
- Built in 1925
Lot Details
- 6,664 Sq Ft Lot
- No Common Walls
- Corner Lot
- Density is up to 1 Unit/Acre
Property Views
- City Lights
- Neighborhood
Home Design
- Duplex
Interior Spaces
- 1,444 Sq Ft Home
- 1-Story Property
- Entryway
- Family Room
- Living Room
- Laundry Room
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- Parking Available
- Driveway
Additional Features
- Exterior Lighting
- Wall Furnace
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Legal Lot and Block 3 / 33
- Assessor Parcel Number 0163172500000
- $433 per year additional tax assessments
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,348 | $499,000 | $106,000 | $393,000 |
| 2024 | $2,348 | $191,498 | $58,030 | $133,468 |
| 2023 | $2,355 | $187,743 | $56,892 | $130,851 |
| 2022 | $2,322 | $184,061 | $55,776 | $128,285 |
| 2021 | $2,369 | $180,452 | $54,682 | $125,770 |
| 2020 | $2,379 | $178,601 | $54,121 | $124,480 |
| 2019 | $2,315 | $175,099 | $53,060 | $122,039 |
| 2018 | $2,278 | $171,666 | $52,020 | $119,646 |
| 2017 | $2,199 | $168,300 | $51,000 | $117,300 |
| 2016 | $2,206 | $10,538 | $4,928 | $5,610 |
| 2015 | $175 | $10,380 | $4,854 | $5,526 |
| 2014 | $170 | $10,177 | $4,759 | $5,418 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Price Changed | $549,988 | -4.3% | $381 / Sq Ft |
| 07/15/2025 07/15/25 | For Sale | $575,000 | +15.0% | $398 / Sq Ft |
| 10/25/2024 10/25/24 | Sold | $499,999 | +0.2% | $346 / Sq Ft |
| 10/25/2024 10/25/24 | Pending | -- | -- | -- |
| 08/01/2024 08/01/24 | For Sale | $499,000 | +202.4% | $346 / Sq Ft |
| 04/14/2016 04/14/16 | Sold | $165,000 | 0.0% | $114 / Sq Ft |
| 02/01/2016 02/01/16 | Pending | -- | -- | -- |
| 02/01/2016 02/01/16 | For Sale | $165,000 | -- | $114 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $499,000 | Wfg Title Company | |
| Grant Deed | $165,000 | Wfg National Title Company | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $80,000 | First American Title Ins Co | |
| Quit Claim Deed | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $374,250 | New Conventional | |
| Previous Owner | $115,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $12,800 | Stand Alone Second |
Source: Public Records
About the Listing Agent
Andrew Villagomez is a dedicated, top producing Real Estate Agent in Southern California with a multifaceted background. Alongside his career in real estate, he also serves as a fireman, displaying a strong sense of discipline, compassion, and a commitment to serving others.
With several years of experience in the real estate industry, Andrew has developed a deep understanding of the local market and a keen eye for identifying opportunities. His primary goal is to assist clients in
Andrew's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25158157
APN: 0163-172-50
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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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