580 W E Street, Colton

$3,000,000

0 Beds
0 Baths
12,030 Sqft
22,500 Lot Sqft
0 Garages

580 West E Street is located in a mature, highly desirable, low-traffic neighborhood of Colton. It is a short drive from a variety of shopping venues, restaurants, and medical facilities near historic Colton. The property is centrally located within Colton and offers easy access to the I-10 freeway. Its location offers convenient access to the neighboring cities of Ontario, Rancho Cucamonga, San Bernardino, Redlands and Riverside. Orange County, Los Angeles County, mountain ski resorts and beach cities are all within a 1-hour drive. 580 West E Street is a rare, 2-story, 22-unit property. Built in 1963, the property is situated on a single parcel with a total of ±22,500 square feet of land, with a total building size of ±12,030 square feet. It features an excellent unit mix of studio, one-bed/one-bathroom and two-bedroom/ one-bathroom units averaging 547 square feet. There is significant rental upside of approximately 13% to be captured by raising rents to market levels, and additional upside is available through interior and exterior renovations. This property features spacious units arranged in a courtyard layout around the central swimming pool.

Essential Information
MLS® #CV20004356
Price$3,000,000
Bathrooms0.00
Square Footage12,030
Lot Sqft22,500
Acres0.52
Year Built1963
TypeResidential Income
StatusPending
No of Units22
Community Information
Address580 W E Street
AreaColton (273)
CityColton
CountySan Bernardino
StateCA
Zip Code92324
Amenities
Has PoolYes
Interior
HeatingWall Heater
CoolingWall or Window Units
StoriesTwo
Exterior
Lot Description21-25 Units/Acre
Additional Information
Date ListedJanuary 7th, 2020
Days on Market85
Listing Details
AgentEric Chen(01489184)
OfficeCB RICHARD ELLIS
Property History
Status Changed from Active to Pending
LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of June 2nd, 2020 at 12:26pm CDT. 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.

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