
Colton, California 92324
This High-Potential Investment Opportunity is a turnkey multi-dwelling asset listed at $739,000, positioned above the $701,084 Fair Market Value. Despite the premium, the property offers significant stability through its Mint Condition Rating and dual-income potential. Featuring a fully renovated 4-bedroom main house and a brand-new 2026 ADU, this property eliminates deferred maintenance costs. With separate garages and private yards, it is a premier choice for Buy-and-Hold Investors seeking immediate cash flow or Owner-Occupants utilizing house-hacking strategies to offset mortgage expenses.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1161 N La Cadena Subject | $739,000* List Price | 6 | 4 | 2,364 | $297 | - |
A 1844 Alston Avenue Sold | $565,000 | 4 | 2 | 1,487 | $380 | 1.0 mi |
B 243 W C St. Active | $695,000 List Price | 4 | 3 | 2,594 | $268 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete top-to-bottom renovation including brand-new HVAC, electrical wiring, plumbing, and roofing. The interior features modern kitchens and bathrooms with contemporary finishes, and the listing includes a brand-new ADU built in 2026, meeting the criteria for mint condition with no maintenance required.
The property features two completely detached residences with separate entrances, private yards, and dedicated garages, making it an ideal turnkey investment for house-hacking or multi-generational living.
Beyond cosmetic updates, the property boasts brand-new roofing, electrical wiring, plumbing lines, and energy-efficient HVAC systems for both units, significantly reducing near-term maintenance costs.
The main home is fully remodeled with contemporary finishes, while the brand-new 2026 ADU offers high rental demand appeal with its own private alley access and modern amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2364, other record living area = 1590. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 2.
Despite the extensive renovations, the main residence was originally built in 1927, which may present long-term structural considerations inherent to century-old properties compared to new builds.
The property does not offer any significant views, which may limit its appeal to buyers prioritizing aesthetic surroundings or panoramic vistas.
Prime Income-Producing Turnkey Property | Main Home + Permitted ADU Unlock immediate cash-flow potential with this turnkey, fully renovated multi-dwelling property! Featuring two completely detached residences—each complete with its own private yard, dedicated garage space, and independent access—this property offers maximum versatility for savvy investors, house-hackers, or multi-generational living. Front Residence (1161 N. La Cadena Dr - Main House) approzimately 1,690 sqft : Spacious 4-bedroom, 3-bathroom layout, fully remodeled from top to bottom. Brand-new kitchen featuring updated cabinetry and modern countertops. Completely updated bathrooms with stylish contemporary finishes. Direct access to a spacious 2-car garage and private yard space. Back Residence (1171 N. La Cadena Dr. - Permitted ADU - Built 2026) Approximately 674 sqft for an estimated total of 2,364 sqft: Brand-new 2-bedroom, 1-bathroom Accessory Dwelling Unit with high rental demand. Separate, private alley entrance offering total independence for tenants. Includes its own private single-car garage and cozy, low-maintenance yard space. Major Capital Expenditures & Infrastructure Upgrades Already Complete: Roofing & Exterior: Brand-new roofs, dual-pane energy-efficient windows, and fresh interior/interior paint on both structures. Electrical System: Entirely re-wired throughout; brand-new main electrical meter panel plus subpanels. Plumbing: Brand-new plumbing supply and waste lines servicing both structures. HVAC Systems: Front house features a brand-new Central A/C system with all-new ductwork; back house is equipped with a brand-new high-efficiency Mini-Split A/C system. Parking & Storage: Approximately 600+ sq. ft. of combined garage space. ( This property is also cross-listed in the Residential income section under MLS # AR26179062 )
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.5 |
| Baths | 4.0 | 2.3 |
| Square foot | 2,364 | 1,390.308 |
| Lot Size | 7,500 | 7,463.462 |
| Price | $739.0K | $529.5K |
| Price per sq ft | $313 | $371 |
| Built year | 1927 | 1977 |
| HOA | $0 | $141 |
| Days on market | 25 | 62 |
Aug 15, 2026
$739,000
Initial Listing
Mar 5, 2025
$495,000
Public Record
Oct 8, 2024
$330,000
Public Record