659 S 7th Street, Colton, CA 92324

Local realty services provided by:ERA Excel Realty
#1#2#3
659 S 7th Street,Colton, CA 92324
$549,988
  • 4 Beds
  • 2 Baths
  • 1,444 sq. ft.
  • Multi-family
  • Active
Listed by:andrew poland villagomez
Office:real broker
MLS#:OC25158157
Source: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

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Home facts

  • Year built:1925
  • Listing Id #:OC25158157
  • Added:33 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,444 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1925
  • Building area:1,444 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$549,988
  • Price per sq. ft.:$380.88
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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