659 S 7th Street, Colton, CA 92324
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
659 S 7th Street,Colton, CA 92324
$549,988
- 4 Beds
- 2 Baths
- 1,444 sq. ft.
- Townhouse
- Active
Listed by:andrew poland villagomez
Office:real broker
MLS#:OC25158157
Source:San Diego MLS via CRMLS
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 with income, equity potential, and long-term upside.
Contact an agent
Home facts
- Year built:1925
- Listing ID #:OC25158157
- Added:64 day(s) ago
- Updated:September 28, 2025 at 02:09 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,444 sq. ft.
Heating and cooling
- Heating:Wall/Gravity
Structure and exterior
- Year built:1925
- Building area:1,444 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$549,988
- Price per sq. ft.:$380.88
New listings near 659 S 7th Street
- New$475,000Active10.06 Acres
0 Reche Canyon Road, Colton, CA 92324
MLS# 25596427Listed by: MAHER COMMERCIAL REALTY - New$299,000Active2 beds 2 baths1,172 sq. ft.
936 Fairway #8, Colton, CA 92324
MLS# TR25223246Listed by: CIRCLE REAL ESTATE - New$200,000Active0 Acres
1953 N 8th, Colton, CA 92324
MLS# IV25223016Listed by: PARTNERS 4 LIFE REALTY, INC - New$299,000Active2 beds 2 baths1,172 sq. ft.
936 Fairway #8, Colton, CA 92324
MLS# TR25223246Listed by: CIRCLE REAL ESTATE - New$540,000Active3 beds 2 baths1,190 sq. ft.
1912 W Quartermasterst, Colton, CA 92324
MLS# CV25221813Listed by: ZAMEL REAL ESTATE INC. - New$540,000Active3 beds 2 baths1,190 sq. ft.
1912 W Quartermasterst, Colton, CA 92324
MLS# CV25221813Listed by: ZAMEL REAL ESTATE INC. - $415,000Pending3 beds 2 baths1,440 sq. ft.
700 E Washington #8, Colton, CA 92324
MLS# IV25220752Listed by: PREMIERE HOMES - New$249,500Active0 Acres
0 Laurelwood, Colton, CA 92324
MLS# CV25221447Listed by: NICHOLAS REALTY - New$608,999Active4 beds 2 baths1,222 sq. ft.
1813 Michigan Street, Colton, CA 92324
MLS# HD25220979Listed by: CENTURY 21 DESERT ROCK - New$608,999Active4 beds 2 baths1,222 sq. ft.
1813 Michigan Street, Colton, CA 92324
MLS# CRHD25220979Listed by: CENTURY 21 DESERT ROCK