Colton, CA 92324,1046 N La Cadena Drive
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Colton, CA 92324,1046 N La Cadena Drive
Colton, CA 92324,1046 N La Cadena Drive
Colton, CA 92324,1046 N La Cadena Drive
Colton, CA 92324,1046 N La Cadena Drive
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Listed by Kristopher German • RE/MAX 2000 REALTY
$ 625,000
Est. payment /mo
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Active Under Contract

1046 N La Cadena Drive Colton, CA 92324

2,538 SqFt


UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,538 sqft

Price per Sqft $246

MLS Listing ID CRCV25187101

HOA Y/N No

Year Built 1900

Lot Size 7,500 Sqft

Property Sub-Type OTHER

Source Datashare California Regional

Property Description

We are pleased to present an incredible opportunity to own a fully renovated 2-unit property in Colton-both units will be delivered vacant at the close of escrow! Ideal for investors seeking immediate market rents or owner-users looking to live in one and rent the other. The property features (1) 3-Bed/1-Bath + Office and (1) 3-Bed/1-Bath unit, both upgraded with new flooring, renovated kitchens, updated bathrooms, and more. Situated on a spacious 7,500 sq. ft. gated lot, the property also features xeriscape landscaping for low-maintenance ownership. The large lot allots plenty of room for ADU(s) in the future (Buyer to verify with city authorities). Major capital improvements already completed: new roof, copper plumbing, upgraded electrical wiring, new water main line, and perimeter security gate-allowing investors to focus on cash flow, not repairs. Utilities are separately metered for gas and electricity, further reducing ownership expenses. In unit laundry hookups available. With a projected 6.58% Cap Rate and 10.44 GRM at market rents, this is a rare chance to own a charming duplex with strong potential cash-flow in a high demand rental market.

Location

State CA

County San Bernardino

Interior

Heating Floor Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Other


Bay East Association of Realtors
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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