
Colton, California 92324
This Hybrid Single Family Residence is a High-Potential Investment Opportunity, listed at $725,000—positioned well below the $749,412 Fair Market Value by 3%. This valuation gap offers $24,412 in Instant Equity. Featuring a Condition Rating of 3, the property includes a brand-new 2026 roof and a detached living unit, providing immediate rental income potential. With over half an acre of land and abundant parking, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 487 Jackson Subject | $689,000* List Price | 4 | 2 | 1,802 | $402 | - |
A 938 W Laurel Sold | $680,000 | 3 | 2 | 1,598 | $426 | 0.7 mi |
B 530 W C St Active Under Contract | $649,000 List Price | 3 | 2 | 1,396 | $465 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1945 build date, the property is well-maintained and move-in ready. It features a brand-new roof (2026), fresh interior paint, and a recently renovated kitchen with modern white shaker cabinets, stone countertops, and stainless steel appliances. While some systems like the wall heaters and certain flooring elements remain dated, the major recent updates elevate the condition significantly.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23100, living area = 1802.
The property features a detached second living unit and a utility-ready garage, providing immediate rental income potential or flexible multigenerational living arrangements.
Sitting on over half an acre with a semi-circular driveway, the lot offers rare space for RV, boat, and trailer parking alongside significant room for outdoor development.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1802, other record living area = 1354. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The main three-bedroom residence is served by only one bathroom, which may present logistical challenges for larger families or multi-occupant living.
Built in 1945, the property may necessitate further investment in aging electrical or plumbing systems beyond the recent roof replacement and interior paint.
Rare multigenerational property with a detached one-bedroom, one-bath residence on over 1/2 acre of usable land. 487 Jackson Street offers flexibility, abundant parking, and two separate living spaces. Main residence: Three bedrooms, one bathroom, a den, fresh interior paint, and a new roof installed in June 2026 with a transferable 30-year warranty. Detached residence: A separate one-bedroom, one-bath living area ideal for multigenerational living, extended family, guests, or a private home office. Parking & outdoor space: Large circular driveway, gated access, expansive paved areas, abundant off-street parking, mature shade and fruit trees, garden space, a private courtyard, and plenty of room to enjoy the outdoors. The detached garage is equipped with water, gas, and electrical service, offering additional workshop, hobby, or storage space. Conveniently located near shopping, dining, schools, and freeway access, this unique property combines land, privacy, parking, and separate living space in a package that is increasingly difficult to find in Southern California.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,802 | 1,390.308 |
| Lot Size | 23,100 | 7,463.462 |
| Price | $689.0K | $529.5K |
| Price per sq ft | $382 | $371 |
| Built year | 1945 | 1977 |
| HOA | $0 | $141 |
| Days on market | 59 | 62 |
Aug 26, 2026
$689,000
$700,000
-2% Price Drop
Initial Listing
Aug 11, 2026
$700,000
$725,000
-3% Price Drop
Initial Listing
Jul 12, 2026
$725,000
Initial Listing
Aug 15, 2016
$175,000
Public Record
Nov 8, 2011
$135,000
Public Record
Nov 14, 2006
$440,000
Public Record