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Tamra Frost

[email protected] +1(619) 890-7688

$569,988

Est. payment - /mo

4 Beds

2 Baths

1,444 SqFt

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UPDATED:

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

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Listed by Andrew Poland Villagomez, DRE#02185251 Real Broker

Nearby School & Business

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Tamra Frost

+1(619) 890-7688

Agent | CA BRE #01870290

Agent CA BRE #01870290

San Diego Communities

659 S 7th Street Colton, CA 92324

Tamra Frost

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information