1046 N La Cadena Drive, Colton, California 92324
  • $625,000

Overview

Property ID: CV25187101
  • Apartment, Residential Income
  • Property Type
  • 2538 Sqft
  • Area Size
  • 1900
  • Year Built

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.

  • Address: 1046 N La Cadena Drive
  • State/county: CA
  • Zip/Postal Code: 92324
  • Country: US

Details

Updated on November 6, 2025 at 1:13 am
  • Property ID CV25187101
  • Price $625,000
  • Property Size 2538 Sqft
  • Land Area 0.1722 Acres
  • Year Built 1900
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash to New Loan
  • Utilities Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Floor Furnace
  • County San Bernardino
  • Property Type Residential Income
  • Pool None
  • Parking Assigned, Driveway
  • Community Features Street Lights, Sidewalks

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