Colton, CA 92324,1317 N Pennsylvania Avenue
Listed by David Covarrubias • MARCUS & MILLICHAP
Bought with NICHOLE DIAZ • BARR REALTY

$940,000

$974,000

3.5%
Est.Price: ?

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Est. payment /mo

4,000 SqFt


SOLD DATE : 02/26/2024

Key Details

Sold Price $940,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $235

MLS Listing ID CRCV23202142

Sold Date 02/26/24

HOA Y/N No

Year Built 1960

Lot Size 0.381 Acres

Property Sub-Type Quadruplex

Source Datashare California Regional

Property Description

We are pleased to exclusively present the opportunity to acquire 1317 Pennsylvania Avenue, a single-story fourplex multifamily investment property located in the city of Colton, California. The property sits on a 0.38-acre parcel and has an approximate building size of 4,000 square feet. The property is comprised of four spacious two-bedroom/two-bathroom floor plans. Each unit offers their own assigned carport parking, new HVAC unit, and a front patio. Selected units are renovated. The apartment features a new composition roof and an on-site laundry facility (owned). The apartments are individually metered for gas and electricity and have individual hot water heaters. The property is conveniently located near the intersection of Interstate 10 and 215 Freeway, providing commuters with easy access to cities in the Inland Empire. The property is surrounded by numerous elementary, middle, and high schools within the Colton Joint Unified School District in addition to the several higher education institutions including San Bernardino Valley College, Loma Linda University, and University of California Riverside, thus having the potential to attract long-term residents. The property is within a three-mile radius of multiple department stores and shopping centers including Target, Walmar

Location

State CA

County San Bernardino

Interior

Cooling Central Air

Fireplace No

Laundry Community Facility

Building

Lot Description Other

Water Public

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