NOT LISTED FOR SALE

804 Grand Ave Colton, CA 92324

Estimated Value: $668,000 - $714,000

3 Beds
3 Baths
2,100 Sq Ft
$327/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $480,000 $229 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,123/month

88 Days on Market

Highlights

  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Wood Fence
  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

As of November 2020

RARE FIND! Triplex sitting on a corner lot in the rapidly growing City of Colton. This triplex consists of three occupied one bedroom, one bath units. Each unit has its own backyard and laundry hook ups. Unit 808 has a one car garage with access from inside the unit. This is the perfect opportunity to start investing, expand your portfolio, or even live in one unit and rent out the other two. Tons of employers nearby including Arrowhead Regional Hospital, Amazon, and Walmart. Don't miss out on this opportunity to invest in the City of Colton!

Last Agent to Sell the Property

MARTIN CEJA ANDRADE

REAL BROKER License #02045875 Listed on: 06/15/2020

Last Buyer's Agent

Teri Robles-Dunaway

Dunaway Real Estate Group License #01088198

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 7,600 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Corner Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Shared Driveway
  • RV Potential

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 23
  • Tax Tract Number 66
  • Assessor Parcel Number 0274161060000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $2,400
  • Professional Management Expense $2,952
  • Trash Expense $1,344
  • Water Sewer Expense $1,920
  • New Taxes Expense $7,700
  • Operating Expense $17,216
  • Gross Income $3,075
  • Net Operating Income $2,475

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • CapRate: 5.40
  • Professional Management Expense: 2952.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1920.00
  • Zoning: RS
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 0274161060000
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 228.57

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage - Single Door, RV Potential, Shared Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1344.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard
  • Lot Size Sq Ft: 7600.00
  • Lot Size Acres: 0.1745

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Gross Income: 3075.00
  • Gross Scheduled Income: 3075.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 7600.0000 Square Feet
  • Net Operating Income: 2475.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 600.00
  • Rent Control: Yes
  • Total Actual Rent: 3075.00
  • Total Expenses: 17216.00

Tax Info

  • New Taxes Expense: 7700.00
  • Tax Census Tract: 66.01
  • Tax Lot: 23
  • Tax Tract Number: 66.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2025
Sold by
Elias Celia A
Bought by
Mario And Celia Elias Revocable Trust and Elias
Current Estimated Value
$687,302

Purchase Details

Listed on
Jun 15, 2020
Closed on
Oct 28, 2020
Sold by
Elias Mario
Bought by
Elias Celia A
Seller's Agent
MARTIN CEJA ANDRADE
REAL BROKER
Buyer's Agent
Teri Robles-Dunaway
Dunaway Real Estate Group
List Price
$549,999
Sold Price
$480,000
Premium/Discount to List
-$69,999
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$360,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2020
Closed on
Sep 16, 2020
Sold by
Catto Ross Edward
Bought by
Elias Celia A
Seller's Agent
MARTIN CEJA ANDRADE
REAL BROKER
Buyer's Agent
Teri Robles-Dunaway
Dunaway Real Estate Group
List Price
$549,999
Sold Price
$480,000
Premium/Discount to List
-$69,999
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2011
Sold by
S & S Homes Llc
Bought by
Catto Ross Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2010
Sold by
Zamora Ignacio
Bought by
S & S Homes Llc

Purchase Details

Closed on
Aug 28, 2006
Sold by
Zamora Ignacio
Bought by
Zamora Ignacio and Zamora Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,400
Interest Rate
6.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 18, 2006
Sold by
Mendoza Miguel Cesar
Bought by
Zamora Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,400
Interest Rate
6.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 28, 2006
Sold by
Mendoza Josefa
Bought by
Mendoza Miguel Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.85%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 14, 2005
Sold by
Ramos Miguel and Ramos Beatriz
Bought by
Ramos Miguel and Ramos Beatriz

Purchase Details

Closed on
Feb 6, 2004
Sold by
Damato Ruth E
Bought by
Ramos Miguel and Ramos Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2003
Sold by
Damato Ruth E
Bought by
Damato Ruth E and Ruth E Damato Trust

Purchase Details

Closed on
May 30, 2002
Sold by
Holloway John William and Holloway Jodi Leigh
Bought by
Damato Ruth E and Ruth E Damato Trust

Purchase Details

Closed on
May 24, 1996
Sold by
Damato Ruth E
Bought by
Damato Ruth E and The Ruth E Damato Trust

Purchase Details

Closed on
Feb 6, 1996
Sold by
Holloway John William and Holloway Jodi Leigh
Bought by
Damato Ruth E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Mario And Celia Elias Revocable Trust -- None Listed On Document
Elias Celia A -- Old Republic Title
Elias Celia A $480,000 Old Republic Title
Catto Ross Edward $209,000 Chicago Title Company
S & S Homes Llc $115,100 Cr Title Services Inc
Zamora Ignacio -- Accommodation
Zamora Ignacio -- Financial Title Co
Zamora Ignacio $397,000 Financial Title Co
Mendoza Miguel Cesar -- Financial Title Co
Mendoza Miguel Cesar -- Financial Title Co
Ramos Miguel -- Socal-Diversified
Mendoza Miguel -- Socal-Diversified
Ramos Miguel $230,000 First American
Damato Ruth E -- --
Damato Ruth E -- --
Damato Ruth E -- --
Damato Ruth E -- --
Damato Ruth E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elias Celia A $360,000
Previous Owner Catto Ross Edward $156,750
Previous Owner Zamora Ignacio $79,400
Previous Owner Zamora Ignacio $317,600
Previous Owner Mendoza Miguel Cesar $315,000
Previous Owner Ramos Miguel $184,000
Closed Ramos Miguel $34,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2020 11/03/20 Sold $480,000 -9.4% $229 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
08/14/2020 08/14/20 Price Changed $529,900 -3.7% $252 / Sq Ft
06/15/2020 06/15/20 For Sale $549,999 -- $262 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,646 $519,567 $97,419 $422,148
2024 $6,343 $509,380 $95,509 $413,871
2023 $6,355 $499,392 $93,636 $405,756
2022 $6,262 $489,600 $91,800 $397,800
2021 $2,476 $177,544 $53,264 $124,280
2020 $2,481 $175,724 $52,718 $123,006
2019 $2,419 $172,278 $51,684 $120,594
2018 $2,225 $168,900 $50,671 $118,229
2017 $2,147 $165,588 $49,677 $115,911
2016 $2,201 $162,341 $48,703 $113,638
2015 $2,131 $159,902 $47,971 $111,931
2014 $2,042 $156,769 $47,031 $109,738
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20114619

California Regional Multiple Listing Service (CRMLS)

APN: 0274-161-06

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