
Colton, California 92324
This High-Potential Investment Opportunity is a Quadruplex listed at $880,000, positioned slightly above the $841,140 Fair Market Value. While the property requires capital expenditure due to its Fair Condition Rating, the 800 sq. ft. detached structure and Zoning for ADU conversion provide significant value-add potential. Featuring separate utility meters and a deck, this asset is well-positioned within the Downtown Colton revitalization corridor. This project is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to maximize rental income through strategic redevelopment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 129 E G Subject 0 bd · 0 ba · 3,100 sqft · $271 | $880,000* List Price | 0 | 0 | 3,100 | $271 | - |
A 420 E B Street Active 5 bd · 4 ba · 2,240 sqft · $310 · 0.4 mi | $695,000 List Price | 5 | 4 | 2,240 | $310 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1905, this 120-year-old quadruplex is sold 'AS IS,' suggesting significant deferred maintenance. The lack of mentioned renovations to kitchens, baths, or core systems (HVAC/Electric) in a century-old structure indicates a high likelihood of safety or structural defects requiring a full rehab.
The property includes a detached 800-square-foot structure with zoning that allows for an easy ADU conversion, offering significant potential to increase rental income and overall property value.
Ideally situated within Downtown Colton’s revitalization corridor, the property is positioned to benefit from local economic growth and future appreciation.
The units feature separate meters for utilities, which simplifies property management and reduces owner overhead by shifting utility costs to tenants.
Built in 1905 and sold in 'AS IS' condition, the property likely requires substantial capital expenditure for repairs, modernization, or structural updates.
All four units share a common hallway and staircase, which may limit tenant privacy and appeal compared to multi-family layouts with private individual entrances.
Perfectly positioned near the core of Downtown Colton’s revitalization corridor. This prime value-investment opportunity features a versatile 4-unit residential building. All units are in one building share common hallway and stair case, back yard and front yard. 2 units upstairs offers a deck, and 2 units lower level. with separate meters. Gas stove top, Microwave and refrigerator. Close to public transport plenty of off street parking. with a detached 800 square foot structure ,Zoning allows ADU to added, easy to convert into an ADU. Sold AS IS
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,100 | 1,790 |
| Lot Size | 9,375 | 7,500 |
| Price | $880.0K | $581.0K |
| Price per sq ft | $284 | $287 |
| Built year | 1905 | 1934 |
| HOA | $0 | $0 |
| Days on market | 31 | 81 |
Sep 23, 2026
$880,000
Initial Listing
Apr 22, 2019
$475,000
Public Record
Aug 30, 2017
$455,000
Public Record
Mar 2, 2016
$358,000
Public Record
Aug 2, 2013
$265,000
Public Record
Apr 8, 2011
$170,000
Public Record