Colton, CA 92324,1046 N La Cadena Drive

$625,000

Est. payment /mo

$625,000

Est.Price: ?

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1046 N La Cadena Drive Colton, CA 92324

6 Beds

2,538 SqFt

SOLD DATE : 11/05/2025

Key Details

Sold Price $625,000

Property Type Single Family Home

Sub Type OTHER

Listing Status Sold

Purchase Type For Sale

Square Footage 2,538 sqft

Price per Sqft $246

MLS Listing ID CRCV25187101

Bedrooms 6

Year Built 1900

Lot Size 7,500 Sqft

Property Sub-Type OTHER

Property Description

We are pleased to present an incredible opportunity to own a fully renovated 2-unit property in Colton-both units will be delivered vacant at the close of escrow! Ideal for investors seeking immediate market rents or owner-users looking to live in one and rent the other. The property features (1) 3-Bed/1-Bath + Office and (1) 3-Bed/1-Bath unit, both upgraded with new flooring, renovated kitchens, updated bathrooms, and more. Situated on a spacious 7,500 sq. ft. gated lot, the property also features xeriscape landscaping for low-maintenance ownership. The large lot allots plenty of room for ADU(s) in the future (Buyer to verify with city authorities). Major capital improvements already completed: new roof, copper plumbing, upgraded electrical wiring, new water main line, and perimeter security gate-allowing investors to focus on cash flow, not repairs. Utilities are separately metered for gas and electricity, further reducing ownership expenses. In unit laundry hookups available. With a projected 6.58% Cap Rate and 10.44 GRM at market rents, this is a rare chance to own a charming duplex with strong potential cash-flow in a high demand rental market.

Location

State CA

County San Bernardino

Zoning M-UN

Interior

Heating Floor Furnace

Cooling Wall/Window Unit(s)

Laundry Other

Exterior

Exterior Feature Other

Building

New Construction No

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Bridge MLS
Listed by Kristopher German • RE/MAX 2000 REALTY
Bought with MonicaPerez-soriano
Devin Ratoosh

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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