Colton, CA 92324,1428 Bordwell Boulevard
Colton, CA 92324,1428 Bordwell Boulevard
Colton, CA 92324,1428 Bordwell Boulevard
Colton, CA 92324,1428 Bordwell Boulevard
Colton, CA 92324,1428 Bordwell Boulevard
Colton, CA 92324,1428 Bordwell Boulevard
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$1,100,000

$1,200,000

8.3%
Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths

0.4 Acres Lot


SOLD DATE : 08/24/2022

Key Details

Sold Price $1,100,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW22159196

Sold Date 08/24/22

Bedrooms 8

HOA Y/N No

Lot Size 0.404 Acres

Property Description

Welcome to this absolutely stunning income producing property for sale in the quiet and rural town of Colton, CA where you are collecting a total of $7,375/month!! Property shows great pride of ownership as the entire exterior has been fully updated. You can own this 5-unit property with the potential for a 6th unit. This building comes with 6 electrical meters and 6 gas meters and with approved plans for a 6th unit. This cash cow consists of four 2 bed 1 bath units and one 3-bed 1 bath unit. You have the potential for major upside while collecting very healthy rents. Located in a very desirable location, within walking distance to shopping centers, restaurants, and much more. Colton, referred to as the hub of the Inland Empire, is located in a suburb 60 mins from Los Angeles, Palm Springs, and Big Bear. Strategically located next to the I-10 and the I-215 freeways connecting destinations in every direction. Adjacent is the California University of Science and Medicine (CUSM) with Loma Linda University Medical Center and Kaiser Permanente less than six miles away. This will not last!
Welcome to this absolutely stunning income producing property for sale in the quiet and rural town of Colton, CA where you are collecting a total of $7,375/month!! Property shows great pride of ownership as the entire exterior has been fully updated. You can own this 5-unit property with the potential for a 6th unit. This building comes with 6 electrical meters and 6 gas meters and with approved plans for a 6th unit. This cash cow consists of four 2 bed 1 bath units and one 3-bed 1 bath unit. You have the potential for major upside while collecting very healthy rents. Located in a very desirable location, within walking distance to shopping centers, restaurants, and much more. Colton, referred to as the hub of the Inland Empire, is located in a suburb 60 mins from Los Angeles, Palm Springs, and Big Bear. Strategically located next to the I-10 and the I-215 freeways connecting destinations in every direction. Adjacent is the California University of Science and Medicine (CUSM) with Loma Linda University Medical Center and Kaiser Permanente less than six miles away. This will not last!

Location

State CA

County San Bernardino

Area Riv Cty-Colton (92324)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional, Exchange

Space Rent $1,400

Listing Terms Cash, Conventional, Exchange

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Andrew Munoz • Keller Williams Pacific Estate
Bought with WILL QUANSTROM • RITA SHAW BROKER & ASSOCIATES
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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