See all 25 photos
$569,988
Est. payment /mo
4 Beds
2 Baths
1,444 SqFt
New
659 S 7th Street Colton, CA 92324
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Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 1,444 sqft
Price per Sqft $394
MLS Listing ID OC26120368
Bedrooms 4
Full Baths 2
Year Built 1925
Lot Size 6,664 Sqft
Property Sub-Type Townhome
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. Eligible for FHA, Conventional, and VA financing. Ideal for investors or owner-occupants looking for a versatile multi-unit property with immediate income, equity potential, and future appreciation. Please do not disturb the tenants at 659 7th St. Drive-by only.
Location
State CA
County San Bernardino
Direction Cross: Maple
Interior
Heating Wall/Gravity
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Public
View Neighborhood, City Lights
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 0163172500000
Acceptable Financing Conventional, FHA, VA, Cash To New Loan
Listing Terms Conventional, FHA, VA, Cash To New Loan
Special Listing Condition Standard

Listed by Andrew Poland Villagomez, DRE#02185251 Real Broker
NEARBY SCHOOL & BUSINESS
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