659 S 7th ST Colton, CA 92324
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
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
HOA Y/N No
Year Built 1925
Lot Size 6,664 Sqft
Property Sub-Type Duplex
Property Description
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
Area 273 - Colton
Rooms
Main Level Bedrooms 4
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry See Remarks
Exterior
Parking Features Driveway
Pool None
Community Features Street Lights, Sidewalks
View Y/N Yes
View City Lights, Neighborhood
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Corner Lot
Dwelling Type Duplex
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Colton Unified
Others
Senior Community No
Tax ID 0163172500000
Acceptable Financing Cash to New Loan, Conventional, FHA, VA Loan
Listing Terms Cash to New Loan, Conventional, FHA, VA Loan
Special Listing Condition Standard
Lease Land No
NEARBY SCHOOL & BUSINESS
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