659 7th Street, Colton, CA 92324

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
#1#2#3
659 7th Street,Colton, CA 92324
$549,988
  • 4 Beds
  • 2 Baths
  • 1,444 sq. ft.
  • Multi-family
  • Active
Listed by:andrew poland villagomez
Office:real broker
MLS#:OC25158157
Source:CAREIL

Price summary

  • Price:$549,988
  • Price per sq. ft.:$380.88

About this home

Excellent investment opportunity in the city of Colton. This legal two-unit property features two separate 2 bedroom, 1 bathroom units, each with its own gas, water, and electric meter. Live in one unit and rent out the other, or rent out both for steady cash flow. One unit will be delivered vacant, projected rent is $1,850 per month, and the second unit is rented at $855 per month. The property generates a gross scheduled income of $32,400 per year, with low annual operating expenses of just $4,200. Net operating income is approximately $28,200 annually. Both homes have new roofs, and while the interiors could use some cosmetic upgrades and general TLC, the property offers strong value-add potential. Situated on a 6,664 square foot lot, the property includes driveway parking and a storage shed. No rent control. Eligible for FHA, Conventional, and VA financing. Do not disturb occupants. Drive by only. Ideal for investors or owner-occupants looking for a multi-unit property

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Home facts

  • Year built:1925
  • Listing Id #:OC25158157
  • Added:29 day(s) ago
  • Updated:August 14, 2025 at 11:42 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,444 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1925
  • Building area:1,444 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$549,988
  • Price per sq. ft.:$380.88
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