
Colton, California 92324
This duplex represents a Strong Value Opportunity, listed at $695,000—positioned above the $661,896 Fair Market Value. While priced slightly above market, the property offers immediate stability as a Buy-and-Hold Investor asset, featuring long-term tenants and newer HVAC systems. With a Condition Rating of 4, the interior provides a canvas for cosmetic updates to drive future appreciation. Its dual-unit layout and attached garages ensure consistent rental demand in the Inland Empire. This is an ideal acquisition for Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 E B Street Subject 5 bd · 4 ba · 2,240 sqft · $292 | $695,000* List Price | 5 | 4 | 2,240 | $292 | - |
A 453 E F Sold 5 bd · 3 ba · 1,942 sqft · $257 · 0.3 mi | $500,000 | 5 | 3 | 1,942 | $257 | 0.3 mi |
B 818 E C St Sold 0 bd · 0 ba · 1,638 sqft · $366 · 0.3 mi | $600,000 | 0 | 0 | 1,638 | $366 | 0.3 mi |
C 560 N 2nd Street Active 4 bd · 4 ba · 2,400 sqft · $323 · 0.9 mi | $775,000 List Price | 4 | 4 | 2,400 | $323 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, this 37-year-old property retains its original kitchen cabinetry, laminate countertops, and popcorn ceilings. While the listing highlights newer HVAC systems and functional living conditions for long-term tenants, the interior finishes are significantly dated and require cosmetic updates and minor repairs to meet modern market standards.
The property features long-term tenants in both units, offering a turnkey investment opportunity with reliable income from day one.
Both units are equipped with newer HVAC systems, significantly reducing potential maintenance costs and immediate capital expenditures for the new owner.
Each unit includes an attached two-car garage, a highly desirable feature that enhances tenant retention and adds significant value compared to standard carports.
With long-term tenants in place, current rental rates may be below market value, potentially requiring a longer timeline to maximize the property's full income potential under local regulations.
The property lacks any significant views, which may limit its appeal to owner-occupants seeking aesthetic surroundings compared to other residential options in the Inland Empire.
Investment Opportunity: Income-Producing Duplex at 420 East B Street, Colton, CA 92324Welcome to this solid 1987-built duplex offering reliable cash flow in the heart of Colton. Situated on a spacious 7,500 sq ft lot, the property totals roughly 2,240 square feet and features two well-maintained units with long-term tenants already in place--ideal for an investor seeking turnkey income from day one.Unit Details:Front Unit: Spacious 3-bedroom, 2-bathroom residence, attached two car garage.Rear Unit: Comfortable 2-bedroom, 2-bathroom residence, attached two car garage.Both units are equipped with newer HVAC systems, providing modern comfort and reduced maintenance concerns for the new owner. The long-term tenants underscore the property's stability and appeal in a desirable Inland Empire location.Located in Colton--known as the 'Hub City'--these duplex benefits from convenient access to major freeways (I-10 and I-215), nearby employment centers including Arrowhead Regional Medical Center, shopping, parks, and San Bernardino Valley College. Colton continues to offer relative affordability within Southern California while supporting strong rental demand.This is a rare chance to acquire a well-kept duplex with existing occupancy and recent mechanical upgrades. Perfect for an investor looking to expand a portfolio or an owner-occupant seeking to offset housing costs with rental income.Contact us today for additional details, current rent rolls, or to schedule a private showing. Don't miss this opportunity in a growing Inland Empire market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 5.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,240 | 1,790 |
| Lot Size | 7,500 | 7,500 |
| Price | $695.0K | $581.0K |
| Price per sq ft | $310 | $287 |
| Built year | 1987 | 1934 |
| HOA | $0 | $0 |
| Days on market | 32 | 81 |
Sep 22, 2026
$695,000
Initial Listing
Aug 1, 2000
$128,500
Public Record