555 N La Cadena Drive

    Colton, CA 92324
    • $523,000
    • STATUS: Active
    • ON SITE: 125 days
    • ID#: IV18061873
    Price Reduced
    UPDATED: 66 min ago
    $523,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,330
      SQFT
    • $224
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1905
    County:
    Area:

    School Ratings & Info

    Description

    Seller will consider carrying with 20%down Wonderful investment if you are looking to generate rental income. Income property located downtown in a growing area City of Colton within walking distance to park, town, city amenities, shopping, easy access to freeway. The property is adjacent to the new Villas A 55+ community and the city park. This 5-Unit Apartment has 4 one bed units one studio unit all fully rented with zoned use R5-14 (Buyer to verify) The city of Colton is full of rich history with aggressive business attraction, retention and expansion program. Colton is proud of their growing role as a center for new business and employment opportunities in the County of San Bernardino. Call to explore this investment opportunity in the city of Colton.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-21T23:27:42.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/81679900

    555 N La Cadena Drive Colton, CA 92324

    • Price: $523,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: IV18061873
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,330
    SQFT
    $224
    $/SQFT
    1905
    Built
    Neighborhood:
    273 - Colton
    County:
    San Bernardino
    Area:
    273 - Colton
    Property Description
    Seller will consider carrying with 20%down Wonderful investment if you are looking to generate rental income. Income property located downtown in a growing area City of Colton within walking distance to park, town, city amenities, shopping, easy access to freeway. The property is adjacent to the new Villas A 55+ community and the city park. This 5-Unit Apartment has 4 one bed units one studio unit all fully rented with zoned use R5-14 (Buyer to verify) The city of Colton is full of rich history with aggressive business attraction, retention and expansion program. Colton is proud of their growing role as a center for new business and employment opportunities in the County of San Bernardino. Call to explore this investment opportunity in the city of Colton.
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features None Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Urban Country Us Electric Expense 1800.00 Elevation Units Feet Fuel Expense 1100.00 Gross Income 48000.00 Gross Scheduled Income 48000.00 Insurance Expense 1800.00 Land Lease YN No Laundry YN No Net Operating Income 38026.00 New Taxes Expense 3955.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 9974.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Expenses 9974.00 Trash Expense 1244.00 Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Harriet Sukuta of California Bankers Rlty & Inve.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-21T23:27:42.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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