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About the Listing 51247 - CV33418
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.
Listing Highlights for 1046 N La Cadena Dr
Status
Active
Days on Site
17
Property Type
Multi-Family
MLS ®
CV25187101
Year Built
1900
Total Square Footage
2,538
Lot/Acreage
0.17
County
San Bernardino
Area
273 - Colton
Interior Details
- Bedrooms: 6
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Floor Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: M-UN
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 0161191060000
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1046 N La Cadena Dr Colton, CA 92324
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