Homes for sale - 659 S 7th Street, Colton, CA 92324

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Leo Peak

leo@leopeak.com +1(415) 816-1469

$ 549,988

Est. payment | -/mo

4 Beds

2 Baths

1,444 SqFt

Save

$ 549,988

Est. payment | -/mo

Save

4 Beds

2 Baths

1,444 SqFt

Key Details

Property Type Commercial

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 1,444 sqft

Price per Sqft $380

MLS Listing ID CROC25158157

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1925

Lot Size 6,664 Sqft

Acres 0.153

Property Sub-Type Duet

Property Description

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.

Location

State CA

County San Bernardino

Interior

Interior Features Family Room

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry See Remarks

Exterior

Pool None

View Y/N true

View City Lights, Other

Private Pool false

Building

Lot Description Corner Lot, Street Light(s)

Story 1

Level or Stories One Story

New Construction No

Schools

School District Colton Joint Unified

Others

Tax ID 0163172500000

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Andrew Poland Villagomez • Real Broker

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(415) 816-1469

leo@leopeak.com

39899 Balentine Dr # 200, Newark, CA, 94560, United States

659 S 7th Street Colton, CA 92324