NOT LISTED FOR SALE

818 E C St Colton, CA 92324

Estimated Value: $579,000 - $665,000

4 Beds
2 Baths
1,638 Sq Ft
$374/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $540,000 $330 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,973/month

5 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Neighborhood Views
  • Tile Countertops
  • Tile Flooring

About This Home

As of June 2023

Opportunity Knocks!! Here is an excellent opportunity to own an Investment Property! This wonderful duplex sits on a large 7,500sf lot with separate garages in the back and is close to freeways, schools, a park, shopping and restaurants. There are two bedrooms and 1 bath in each unit as well as tile flooring throughout, white kitchen cabinets, and some new windows. You can live in one and rent out the other or rent them both out! Great for first
time buyers or multi-generational living. Schedule your showing today, this one won't last!

Last Listed By

Brenda Gomez

Berkshire Hathaway Homeservices California Realty License #02076492 Listed on: 04/12/2023

Berkshire Hathaway Homeservices California Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,557

Year Built

  • Built in 1960

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall
  • Masonry wall
  • Wrought Iron Fence
  • Level Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Neighborhood Views
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, trash collection
  • Legal Lot and Block 8 / A
  • Assessor Parcel Number 0164142180000
  • $214 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $480
  • Water Sewer Expense $720
  • Operating Expense $2,400
  • Gross Income $45,600
  • Net Operating Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,557

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 275000
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 720.00
  • Architectural Style: Ranch
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0164142180000
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Entry Location: front of house
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 329.67

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Masonry, Wrought Iron
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Rear
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection

Multi Family

  • Average2 Bed Area: 820 Square Feet
  • Gross Income: 45600.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 43200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Rent Control: No
  • Total Expenses: 2400.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 70.02
  • Tax Lot: 8
  • TaxOtherAnnualAssessmentAmount: 214.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Jul 21, 2023
Sold by
Gong Jessica Hai and Chan Yuk Kwong
Bought by
Great Max Llc
Seller's Agent
Brenda Gomez
Berkshire Hathaway Homeservices California Realty
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Total Days on Market
5
Views
18
Current Estimated Value
$612,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,308
Avg. Annual Appreciation
5.94%

Range of Values:

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Average Value
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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
Great Max Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Arthur $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $540,000 -1.8% $330 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $550,000 -- $336 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $6,557 $540,000 $160,000 $380,000
2023 $4,792 $384,948 $124,848 $260,100
2022 $925 $377,400 $122,400 $255,000
2021 $943 $69,748 $16,412 $53,336
2020 $947 $69,033 $16,244 $52,789
2019 $923 $67,679 $15,925 $51,754
2018 $908 $66,352 $15,613 $50,739
2017 $878 $65,051 $15,307 $49,744
2016 $899 $63,776 $15,007 $48,769
2015 $872 $62,818 $14,782 $48,036
2014 $843 $61,587 $14,492 $47,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV23053099

California Regional Multiple Listing Service (CRMLS)

APN: 0164-142-18