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659 7th Street S Colton CA 92324
Price $ 549,988
Listing ID OC26120368
Status Active
Property Type Duplex
County San Bernardino
Beds 4
Baths 2
House Size 1444
Year Built 1925
Days on website 47
Description
Excellent investment and house-hack opportunity in the growing city of Colton. This legal two-unit property features two separate 2-bedroom, 1-bath homes, each with its own gas, water, and electric meters, offering flexibility for investors or owner-occupants seeking rental income and long-term upside.

201 W Maple will be delivered vacant and completely reimagined, showcasing new flooring, baseboards, updated kitchen cabinetry, quartz countertops, a beautifully tiled bathroom, and new lighting throughout. This beautifully upgraded unit is ready for immediate occupancy or rental, with a projected market rent of $1,850 per month. Perfect for a primary buyer to move in and offset their mortgage by collecting rent from the second home.

The second unit at 659 7th St is currently tenant-occupied at $900 per month, creating immediate cash flow from day one. Combined, the property offers a gross scheduled income of approximately $33,000 per year, with low operating expenses and strong long-term upside.

Both homes feature newer roofs, and while the occupied unit offers room for light cosmetic upgrades and TLC, the property presents outstanding value-add potential. Situated on a 6,664 sq ft lot, the property includes driveway parking and a storage shed.

No rent control. Eligible for FHA, Conventional, and VA financing.

Ideal for investors or owner-occupants looking for a versatile multi-unit property with immediate income, equity potential, and future appreciation.

Please do not disturb the tenants at 659 7th St. Drive-by only.
Location
Financial Information
List Price: $ 549988
Property Features
Community Features: Sidewalks
High School District: Colton Unified
Levels: One
Parking Features: Driveway
Senior Community YN: false
Structure Type: Duplex
View: Neighborhood
Water Source: Public
High School District: Colton Unified
Senior Community YN: false
MLS Area Major: 273 - Colton
City: Colton
Listed By:   Andrew Poland Villagomez   Real Broker 
CA Lic#
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