Welcome to this absolutely stunning income producing property for sale in the quiet and rural town of Colton, CA where you are collecting a total of $7,375/month!! Property shows great pride of ownership as the entire exterior has been fully updated. You can own this 5-unit property with the potential for a 6th unit. This building comes with 6 electrical meters and 6 gas meters and with approved plans for a 6th unit. This cash cow consists of four 2 bed 1 bath units and one 3-bed 1 bath unit. You have the potential for major upside while collecting very healthy rents. Located in a very desirable location, within walking distance to shopping centers, restaurants, and much more. Colton, referred to as the hub of the Inland Empire, is located in a suburb 60 mins from Los Angeles, Palm Springs, and Big Bear. Strategically located next to the I-10 and the I-215 freeways connecting destinations in every direction. Adjacent is the California University of Science and Medicine (CUSM) with Loma Linda University Medical Center and Kaiser Permanente less than six miles away. This will not last!
Sold for $1,100,000 on 08/24/22
Listing Provided by:
Andrew Munoz DRE #01989243 562-261-0900,
Keller Williams Pacific Estate,
Jovani Pina DRE #01959832 562-457-9490,
Keller Williams Pacific Estates Cerritos
$1,100,000
1428 Bordwell Ave, Colton, CA 92324
--beds
--baths
3,800sqft
Multi Family
Built in 1958
-- sqft lot
$1,147,300 Zestimate®
$289/sqft
$1,713 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 25, 2022 at 10:56am
Listing Provided by:
Andrew Munoz DRE #01989243 562-261-0900,
Keller Williams Pacific Estate,
Jovani Pina DRE #01959832 562-457-9490,
Keller Williams Pacific Estates Cerritos
Bought with:
Will Quanstrom, DRE #02014095
Shaw Real Estate Brokers
Source: CRMLS,MLS#: PW22159196
Originating MLS: California Regional MLS

Facts & features
Interior
Appliances
- Laundry: Common Area, In Kitchen
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,800
- Total interior livable area: 3,800 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Garage spaces: 5
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.40 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 0160261310000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Street Lights, Sidewalks
Location
- Region: Colton
HOA & financial
Other financial information
- Total actual rent: 7375
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,Submit
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
$1,147,300
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
$1,147,300