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(951) 579-8806
Century 21 Masters
1046 N La Cadena Drive, Colton, CA 92324
- $625,000
- Sold Price
- $625,000
- List Price
- $625,000
- Closing Date
- Nov 05, 2025
- Status
- CLOSED
- MLS#
- CV25187101
- Year Built
- 1900
- Lot Size
- 7,500
- Acres
- 0.17
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 21
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
We are pleased to present an incredible opportunity to own a fully renovated 2-unit property in Colton—both units will be delivered vacant at the close of escrow! Ideal for investors seeking immediate market rents or owner-users looking to live in one and rent the other. The property features (1) 3-Bed/1-Bath + Office and (1) 3-Bed/1-Bath unit, both upgraded with new flooring, renovated kitchens, updated bathrooms, and more. Situated on a spacious 7,500 sq. ft. gated lot, the property also features xeriscape landscaping for low-maintenance ownership. The large lot allots plenty of room for ADU(s) in the future (Buyer to verify with city authorities). Major capital improvements already completed: new roof, copper plumbing, upgraded electrical wiring, new water main line, and perimeter security gate—allowing investors to focus on cash flow, not repairs. Utilities are separately metered for gas and electricity, further reducing ownership expenses. In unit laundry hookups available. With a projected 6.58% Cap Rate and 10.44 GRM at market rents, this is a rare chance to own a charming duplex with strong potential cash-flow in a high demand rental market.
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Additional Information
- Pool Description
- None
- Heat
- Floor Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $59,880
- Operating Expense
- 17381
Listing courtesy of Listing Agent: Kristopher German (kris@theapartmentdealer.com) from Listing Office: RE/MAX 2000 REALTY.
Listing sold by Monica Perez-Soriano from eHomes
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.