340 W Congress, Colton, California 92324, Colton, 92324 - 3 bed, 2 bath
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Colton, California 92324
This Turnkey Multi-Unit Residential Property is listed at $529,000, aligning with its Excellent Condition Rating and unique income-generating potential. While the $497,564 Fair Market Value reflects standard single-family metrics, this property provides significant added utility through a detached 1-bedroom ADU and a fully remodeled 2-bedroom main home. Featuring new LVP flooring, a mini-split HVAC system, and a large backyard, the home is located within the Colton Unified district. This is an ideal acquisition for Owner-Occupants looking to offset mortgage costs or Buy-and-Hold Investors seeking a move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 340 W Congress Subject | $519,000* List Price | 3 | 2 | 1,242 | $395 | - |
A 392 W L Sold | $485,000 | 3 | 2 | 1,248 | $389 | 0.6 mi |
B 140 N 4th Street Sold | $489,000 | 4 | 2 | 1,326 | $369 | 0.8 mi |
C 244 W N Street Active Under Contract | $575,000 List Price | 3 | 3 | 1,320 | $436 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property qualifies as Excellent due to a very recent renovation (less than 1 year old) as noted in the description and confirmed by images showing new LVP flooring, fresh paint, and new carpeting. It features updated systems including a new mini-split HVAC and a refreshed kitchen with new cabinetry and appliances, meeting the <5-year renovation threshold.
The inclusion of a separate 1-bedroom, 1-bathroom ADU provides a versatile opportunity for rental income or multi-generational living, significantly increasing the property's utility.
The home features recent interior remodeling and the addition of a mini-split air conditioning system, offering modern comfort and reducing immediate move-in costs.
The property is explicitly marketed as FHA-welcome, making it an attractive and accessible option for first-time homebuyers utilizing low down-payment programs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1242, other record living area = 620.
The enclosed patio used as an additional room is currently under a pending permit process, which could lead to complications during the appraisal or escrow period.
Originally built in 1926, the property's age may present challenges related to aging plumbing, electrical systems, or foundation typical of homes from this era.
Call for exciting details. Seller concessions available. Beautiful clean home with an ADU in the back. Great for a big family to use both houses or use one for rental income. Front house is 2 bedrooms 1 bath with enclosed patio that can be used as additional room with permit being worked on. Some areas remodeled last year. Mini split air conditioning. Long driveway and big backyard. There is a 1 bedroom 1 bath house in the back yard. FHA welcome.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,242 | 1,326 | 40% |
| Lot Size | 5,750 | 7,176 | 42% |
| Price | $519.0K | $522.0K | 49% |
| Price per sq ft | $418 | $389 | 58% |
| Built year | 1926 | 1984 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 154 | 2% |
May 16, 2026
$519,000
$529,000
-2% Price Drop
Initial Listing
Apr 30, 2026
$529,000
Initial Listing
Oct 16, 2024
$525,000
Public Record
Mar 4, 2024
$399,000
Public Record
Aug 16, 2013
$105,000
Public Record
Mar 18, 2011
$55,000
Public Record
Jan 4, 2005
$223,500
Public Record
Nov 16, 2001
$90,000
Public Record
Mar 6, 1997
$65,000
Public Record