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(951) 760-6027

$299,000 880 W C Street, Colton, CA 92324

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This is a great opportunity you can't miss. It's located close to fwy 10 and all large lot single family home area. No apartment complex nearby. Updated interiors with upgraded new cabinets , new water heater and newer furnace.Rent low with potiional room for increase. You can't find such great money making machine anywhere else.This property has three houses a total of five units in the same lot. The first building is 3 bedrooms 1 bath detached; the second building is two units __ a unit of 3 bedrooms 1 bath down stairs, 1 bedroom 1 bath in another unit; building3 is 2 units : a 3 bedroom 1 bath, another unit is 2 bedroom 1 bath. The property total lot size is 32 800 sqft.

  • Exterior Features

    Levels

    • Two Level

    Number Electric Meters

    • 4

    Number Gas Meters

    • 4

    Number Water Meters

    • 4

    Open Other Spaces Total

    • 20

    Parking Features

    • Driveway

    Parking Spaces Total

    • 20
  • Interior Features

    Unit Furnished01

    • Unfurnished

    Unit Furnished02

    • Unfurnished

    Unit Furnished03

    • Unfurnished

    Unit Furnished04

    • Unfurnished

    Unit Furnished05

    • Unfurnished

    Unit Number Of Bath01

    • 1.00

    Unit Number Of Bath02

    • 1.00

    Unit Number Of Bath03

    • 1.00

    Unit Number Of Bath04

    • 1.00

    Unit Number Of Bath05

    • 1.00

    Unit Number Of Bed01

    • 3

    Unit Number Of Bed02

    • 3

    Unit Number Of Bed03

    • 3

    Unit Number Of Bed04

    • 2

    Unit Number Of Bed05

    • 1
  • Property Features

    Actual Rent Total

    • 28200.00

    Cap Rate

    • 12.86

    Cross Streets

    • Grand Ave

    Expense Gardener

    • 600.00

    Expense Insurance

    • 972.00

    Expense Operating

    • 10620.00

    Expense Total Annual

    • 10621.00

    Expense Trash

    • 1608.00

    Expense Water

    • 1416.00

    Gross Rent Multiplier

    • 6.09

    Gross Scheduled Income

    • 49080.00

    Land Lease Type

    • Fee

    Lot Size Source

    • Public Records

    Monthly Gross Income

    • 5419.00

    Net Operating Income

    • 38460.00

    Number Leased

    • 4

    Professional Management

    • 2400.00

    Source MLS

    • California Regional MLS (CRMLS)

    Special Conditions

    • Short Pay Subject To Lender

    Unit Monthly Rent01

    • 1100.00

    Unit Monthly Rent02

    • 1250.00

    Unit Monthly Rent03

    • 0.00

    Unit Monthly Rent04

    • 0.00

    Unit Monthly Rent05

    • 0.00

    Units Total In Complex

    • 4
Listing provided courtesy of Jerry Cao of Re/Max Premier Prop Arcadia.

Price History
DATE DAYS AGO EVENT NEW PRICE
Feb 20, 2012 90 days ago New on market $299,000

Ask an Expert :: 880 W C Street

Tom Callaway

Tom Callaway



Allison James Estates and Homes
45100 Redhawk Parkway
Temecula, CA 92592


Office:
(951) 760-6027


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