1311 E Olive St - Specialty FOR SALE


Colton, CA 92324
$475,000 USD
909-528-2512
1311 E Olive St, Colton, CA for Sale
$475,000 USD
Specialty - FOR SALE
1/15
null | Request Cap Rate

1311 E Olive St
Colton, CA 92324


OVERVIEW

$75K PRICE DROP! Two Structures on One Spacious Lot! This property offers excellent potential with a 3-bedroom, 2-bathroom main house (1236 sqft) PLUS a detached structure that was once a garage and can possibly be permitted as an ADU (Accessory Dwelling Unit)...Another option is the large slab foundation in the back that could be the ADU instead (Much bigger footprint than the garage unit). For either option consult with the City of Colton to determine what is allowed, etc. Whether you're looking to live in one home and rent out the other, or you’re an investor seeking to create immediate equity, this is a fantastic opportunity! The main house features a charming porch area, a 2-car garage with built-in storage, 3 spacious bedrooms, and a large living room. The expansive 9500+ sqft lot offers ample space for expansion, gardening, or outdoor activities. Don’t miss out on this opportunity to utilize the full potential of this property with the possibility of two income-generating homes.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$386 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

SFR + Large pad + Garage (possible ADU)

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,540 SF

ZONING

R

APN/PARCEL ID

0164-024-27

ASK ABOUT THIS PROPERTY

Debbie Hanna| Commercial | Land | Multifamily | InvestmentsMore Info
909-528-2512

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Debbie Hanna| Commercial | Land | Multifamily | InvestmentsMore Info
909-528-2512

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.