659 S 7th ST, Colton, CA 92324
- $549,988
- 4
- BD
- 2
- BA
Listed by Andrew Poland Villagomez, from Real Broker
(If provided) CoList: from
- List Price
- $549,988
- Price Change
- ▼ $20,000 1784240939
- MLS#
- CROC26120368
- Status
- ACTIVE
- Levels
- One Story
- Bedrooms
- 4
- Total Bathrooms
- 2
- Full Bathrooms
- 2
- Lot Size
- 6,664
- Listing Area
- 273 - Colton
- Year Built
- 1925
Property Description
Excellent investment and house-hack opportunity in the growing city of Colton. This legal two-unit property features two separate 2-bedroom, 1-bath homes, each with its own gas, water, and electric meters, offering flexibility for investors or owner-occupants seeking rental income and long-term upside. 201 W Maple will be delivered vacant and completely reimagined, showcasing new flooring, baseboards, updated kitchen cabinetry, quartz countertops, a beautifully tiled bathroom, and new lighting throughout. This beautifully upgraded unit is ready for immediate occupancy or rental, with a projected market rent of $1,850 per month. Perfect for a primary buyer to move in and offset their mortgage by collecting rent from the second home. The second unit at 659 7th St is currently tenant-occupied at $900 per month, creating immediate cash flow from day one. Combined, the property offers a gross scheduled income of approximately $33,000 per year, with low operating expenses and strong long-term upside. Both homes feature newer roofs, and while the occupied unit offers room for light cosmetic upgrades and TLC, the property presents outstanding value-add potential. Situated on a 6,664 sq ft lot, the property includes driveway parking and a storage shed. No rent control. Eligibl
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Additional Information
- Acres
- 0.15
- Bedroom Description
- Primary Suite / Retreat
- Cooling System
- None
- Family Room
- Other
- Fireplace Description
- None
- Garage Parking
- Other
- Heating System
- Wall Furnace
- Levels
- One Story
- Lot Size
- 6,664
- Neighborhood
- 273 - Colton
- Other Rooms
- Formal Entry
- Pool Description
- None
- Unincorporated Yn
- Yes
- View
- Neighborhood View, View of City Lights
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