253 E E, Colton, California 92324, Colton, 92324 - 0 bed, 0 bath
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Colton, California 92324
This Turn-Key Residential Income Duplex represents a strategic "house-hack" opportunity, listed at $540,000 and positioned relative to its $487,343 Fair Market Value. Maintaining a Fair Condition Rating, the property features separately metered utilities and recent upgrades like new windows and flooring. The expansive 7,500 sqft lot offers significant upside through ADU Development Potential, already permitted by the city. Located near San Bernardino Valley College, it ensures consistent rental demand. This asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to offset housing costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 253 E E Subject | $540,000* List Price | 0 | 0 | 1,062 | $459 | - |
A 659 S 7th Street Active | $575,000 List Price | 4 | 2 | 1,444 | $398 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1924, this duplex is well-maintained and described as turn-key with recent partial upgrades including new windows, new showers, and flooring in one unit. However, given its century-old age and the description of only 'some upgrades' rather than a full-scale modern renovation of all major systems and both units, it fits the 'fair' criteria. It shows as an aged property kept functional through regular upkeep and targeted improvements rather than a comprehensive contemporary remodel.
The property sits on a generous 7,500 sqft lot that is already city-permitted for an Accessory Dwelling Unit (ADU), offering a significant value-add opportunity to increase density and rental income.
This duplex features separately metered gas and electric panels and is currently generating steady income, making it an ideal, low-friction asset for investors or owner-occupants.
With new windows, updated showers, and new flooring in one unit, the property benefits from reduced immediate maintenance needs and improved energy efficiency.
At only 1,062 total square feet for two units, the individual living areas are exceptionally small, which may limit the tenant pool to smaller households and impact long-term rental rates.
Originally constructed in 1924, the property may require ongoing monitoring and potential upgrades to century-old systems like plumbing and electrical that are common in homes of this era.
Turn-key duplex generating steady rental income every month in the heart of Colton. Great LOCATION!! Two units and room to expand, walking distance to stores, police department just around the corner and surrounded by new homes. Separately metered gas and electric panels. Ideal for investors or owner occupant looking to offset mortgage with rental income. Seller has made some upgrades; new windows, new flooring in one of the units, new showers and well maintained. Low maintenance expenses. The property is big enough for an ADU and permitted by the city. Nice quiet area of Colton, 5 minutes away from San Bernardino Valley College.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,062 | 1,850 | 20% |
| Lot Size | 7,500 | 7,500 | 50% |
| Price | $540.0K | $650.0K | 20% |
| Price per sq ft | $508 | $351 | 80% |
| Built year | 1924 | 1939 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 151 | 20% |
Apr 8, 2026
$540,000
Initial Listing
Nov 23, 2022
$440,000
Public Record
Oct 10, 2008
$130,000
Public Record
Jun 19, 2007
$265,000
Public Record