We are pleased to exclusively present the opportunity to acquire 1317 Pennsylvania Avenue, a single-story fourplex multifamily investment property located in the city of Colton, California. The property sits on a 0.38-acre parcel and has an approximate building size of 4,000 square feet. The property is comprised of four spacious two-bedroom/two-bathroom floor plans. Each unit offers their own assigned carport parking, new HVAC unit, and a front patio. Selected units are renovated. The apartment features a new composition roof and an on-site laundry facility (owned). The apartments are individually metered for gas and electricity and have individual hot water heaters.
The property is conveniently located near the intersection of Interstate 10 and 215 Freeway, providing commuters with easy access to cities in the Inland Empire. The property is surrounded by numerous elementary, middle, and high schools within the Colton Joint Unified School District in addition to the several higher education institutions including San Bernardino Valley College, Loma Linda University, and University of California Riverside, thus having the potential to attract long-term residents. The property is within a three-mile radius of multiple department stores and shopping centers including Target, Walmart, Sprouts Farmers Market, and Inland Center Mall. For outdoor recreational activities, residents enjoy golfing at Colton Golf Course and San Bernardino Public Golf Club, as well as hiking or biking at the Santa Ana River Trail, a popular trail that spans over fifty miles and connects three counties.
Sold for $940,000 on 02/26/24
Listing Provided by:
David Covarrubias DRE #01941403 626-319-2479,
MARCUS & MILLICHAP,
Douglas McCauley DRE #01155706 909-456-3493,
MARCUS & MILLICHAP
$940,000
1317 N Pennsylvania Ave, Colton, CA 92324
--beds
--baths
4,000sqft
Quadruplex
Built in 1960
-- sqft lot
$948,700 Zestimate®
$235/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 26, 2024 at 03:39pm
Listing Provided by:
David Covarrubias DRE #01941403 626-319-2479,
MARCUS & MILLICHAP,
Douglas McCauley DRE #01155706 909-456-3493,
MARCUS & MILLICHAP
Bought with:
NICHOLE DIAZ, DRE #01912228
BARR REALTY
Source: CRMLS,MLS#: CV23202142
Originating MLS: California Regional MLS

Facts & features
Interior
Cooling
- Central Air
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: Side
- Pool features: None
Lot
- Size: 0.38 Acres
- Features: Rectangular Lot
Details
- Parcel number: 0160234170000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Suburban, Sidewalks
Location
- Region: Colton
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Services availability
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
$948,700
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
$948,700