1057 N. La Cadena is a unique multi-family investment property, situated on a desirable corner lot, boasting a total of six spacious units spread across two buildings. The property includes four oversized 1-bedroom/1-bath units and two additional 1-bedroom/1-bath units, offering a versatile and attractive living arrangement for tenants. The four oversized units have the potential to be utilized as two bedroom units given the additional square footage. Each unit is individually metered for gas and electricity, ensuring efficient and fair utility management. The property features ample onsite parking, including six open-space and four garage spaces, catering to the needs of all residents. The onsite garages may serve as an opportunity to convert to ADU(s) (buyer to verify with city.) The stunning Spanish-style architecture adds a unique charm, while the second-floor units benefit from private balconies, providing a personal outdoor space for relaxation. With a remarkable 60% upside in rental income, this property represents a true value-add opportunity for savvy investors looking to maximize their returns.
Sold for $925,000 on 08/07/24
Listing Provided by:
Kristopher German DRE #01800021 909-645-0443,
RE/MAX 2000 REALTY
$925,000
1057 La Cadena Dr, Colton, CA 92324
--beds
--baths
4,327sqft
Multi Family
Built in 1930
-- sqft lot
$923,900 Zestimate®
$214/sqft
$2,542 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 04, 2024 at 09:17pm
Listing Provided by:
Kristopher German DRE #01800021 909-645-0443,
RE/MAX 2000 REALTY
Bought with:
Kristopher German, DRE #01800021
RE/MAX 2000 REALTY
Source: CRMLS,MLS#: CV24108288
Originating MLS: California Regional MLS

Facts & features
Interior
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,327
- Total interior livable area: 4,327 sqft
Property
Parking
- Total spaces: 10
- Parking features: Garage
- Garage spaces: 4
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 9,500 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 0161184100000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Gutter(s), Sidewalks
Location
- Region: Colton
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Services availability
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Estimated market value
$923,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$923,900