Skip main navigation
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

    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!

    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#: PW22159196MLS LogoOriginating 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