2255 Cahuilla Street 133, Colton, California 92324, Colton, 92324 - 1 bed, 2 bath
ACTIVE$255,000
2255 Cahuilla Street 133, Colton, California 92324
1Bed
2Baths
792Sqft
792Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Immediate Income Generation: The property is currently occupied by a reliable tenant paying strong rent, providing immediate income from day one for an investor.
Top Cons:
Age of Property: Built in 1972, the property is over 50 years old, which may imply aging infrastructure (plumbing, electrical, HVAC) that could require future maintenance or upgrades.
Compared to the nearby listings
Price:$255.0K vs avg $319.0K ($-64,000)20%
Size:792 sqft vs avg 914 sqft13%
Price/sqft:$322 vs avg $29560%
More Insights
Built in 1972 (53 years old).
Condition: Built in 1972, this condo is 52 years old. While described as 'well-maintained,' the kitchen features very outdated laminate countertops, old-style cabinets, and dated tile flooring, suggesting it has not been significantly renovated in over 30 years. The living room has laminate flooring and the bedroom has tile, which may be updates, but the overall aesthetic, particularly in the kitchen, indicates the property is aged and functional but shows clear signs of being outdated. It is move-in ready but would benefit from cosmetic updates, especially in the kitchen and likely the bathrooms (though not pictured).
Year Built
1972
Close
-
List price
$255K
Original List price
$255K
Price/Sqft
$322
HOA
$270
Days on market
-
Sold On
-
MLS number
IG25185838
Home ConditionFair
Features
Patio
View-
About this home
Investor’s Dream! Excellent opportunity to own an income-producing property in the highly desirable gated community of Canon Bluff. This immaculate downstairs 1-bedroom, 1.5-bath condominium features a spacious living room, a well-designed kitchen with ample cabinets and dining space, and a generous master suite with its own private bath. Currently occupied by a reliable tenant paying strong rent, this property is already generating income from day one. Its prime location near shopping, freeway access, and Loma Linda University & Medical Center makes it especially attractive to students, faculty, and medical professionals seeking a convenient and comfortable place to live. Whether you’re a first-time investor or adding to your portfolio, this well-maintained condo offers both stability and long-term potential. Don’t miss out on this opportunity!
Condition Rating
Fair
Built in 1972, this condo is 52 years old. While described as 'well-maintained,' the kitchen features very outdated laminate countertops, old-style cabinets, and dated tile flooring, suggesting it has not been significantly renovated in over 30 years. The living room has laminate flooring and the bedroom has tile, which may be updates, but the overall aesthetic, particularly in the kitchen, indicates the property is aged and functional but shows clear signs of being outdated. It is move-in ready but would benefit from cosmetic updates, especially in the kitchen and likely the bathrooms (though not pictured).
Pros & Cons
Pros
Immediate Income Generation: The property is currently occupied by a reliable tenant paying strong rent, providing immediate income from day one for an investor.
Prime Location: Its strategic location near shopping, freeway access, and Loma Linda University & Medical Center ensures a consistent demand from students, faculty, and medical professionals.
Gated Community: Being situated in the highly desirable gated community of Canon Bluff offers enhanced security and potentially better amenities, increasing its appeal to tenants.
Investor-Ready: Explicitly marketed as an 'Investor’s Dream' with 'stability and long-term potential,' making it attractive for both first-time and experienced investors.
Well-Maintained Condition: Described as 'immaculate' and 'well-maintained,' suggesting lower immediate repair or upgrade costs for a new owner.
Cons
Age of Property: Built in 1972, the property is over 50 years old, which may imply aging infrastructure (plumbing, electrical, HVAC) that could require future maintenance or upgrades.
Limited Unit Size/Bed Count: As a 1-bedroom, 792 sqft condominium, its appeal is limited primarily to single occupants or couples, narrowing the potential tenant pool compared to larger units.
Ongoing HOA Fees: The monthly association fee of $270 is an additional ongoing cost that reduces the net rental income for an investor and must be factored into profitability calculations.