
Colton, California 92324
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $449,000—positioned well below the $426,893 Fair Market Value by -5%. Featuring a complete top-to-bottom remodel and a Condition Rating of 2, this home offers modern-chic finishes and a move-in-ready experience. The expansive 7,500-square-foot lot and finished two-car garage provide significant ADU and income potential. This versatile property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-utility asset in the Colton Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 515 W L Subject 2 bd · 1 ba · 640 sqft · $667 | $449,000* List Price | 2 | 1 | 640 | $667 | - |
A 410 W M Street Sold 2 bd · 1 ba · 576 sqft · $677 · 0.2 mi | $390,000 | 2 | 1 | 576 | $677 | 0.2 mi |
B 390 N 4th Street Sold 2 bd · 1 ba · 580 sqft · $707 · 0.4 mi | $410,000 | 2 | 1 | 580 | $707 | 0.4 mi |
C 410 S Rancho Sold 2 bd · 1 ba · 816 sqft · $533 · 0.2 mi | $435,000 | 2 | 1 | 816 | $533 | 0.2 mi |
D 219 W Maple Street Pending 3 bd · 2 ba · 760 sqft · $658 · 0.5 mi | $499,999 List Price | 3 | 2 | 760 | $658 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete top-to-bottom remodel within the last year. It features a brand-new modern-chic kitchen with stainless steel appliances, a fully updated bathroom, new LVP flooring, recessed lighting, and new windows. Despite the 1919 build date, the recent high-end renovation puts it in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 640.
The home has been completely updated with modern-chic finishes, brand-new LVP flooring, and a stylish kitchen, offering a move-in-ready experience with contemporary appeal.
The finished two-car garage with alley access and the large 7,500-square-foot lot provide an excellent opportunity for a garage conversion or ADU to generate rental income.
With only 640 square feet of living area, the interior footprint is quite small for a two-bedroom home, which may feel restrictive for many buyers.
Originally built in 1919, the property's age may present underlying maintenance considerations typical of older homes that cosmetic renovations might not fully address.
Welcome to 515 W L St, a completely remodeled 2-bedroom, 1-bathroom home offering the perfect blend of modern style, functionality, and future potential. From the moment you step inside, you’ll appreciate the thoughtful updates and fresh, contemporary finishes throughout. The home features brand-new LVP flooring, a stunning modern-chic kitchen with sleek finishes and an inviting layout, and a beautifully remodeled bathroom that feels both stylish and sophisticated. Every detail has been thoughtfully updated, creating a move-in-ready home with nothing left to do but enjoy. Outside, the property sits on an impressive 7,500-square-foot lot, providing plenty of usable space and flexibility. The property also features a finished two-car garage with convenient alley access, adding valuable functionality and opening the door to exciting possibilities for the future. For an investor or owner looking to maximize the property’s potential, the lot and existing garage create an opportunity to explore a garage conversion—potentially allowing for two separate rental opportunities, or the ability to live in the main home while generating rental income from a converted garage unit, subject to applicable city requirements and approvals. Whether you're looking for a beautifully remodeled home to call your own or a property with strong future income potential, 515 W L St offers an exceptional combination of turnkey condition, lot size, and versatility..
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.5 |
| Baths | 1.0 | 2.2 |
| Square foot | 640 | 1,413.593 |
| Lot Size | 7,500 | 7,725 |
| Price | $449.0K | $549.4K |
| Price per sq ft | $702 | $362 |
| Built year | 1919 | 1978 |
| HOA | $0 | $125 |
| Days on market | 39 | 61 |
Sep 15, 2026
$449,000
Initial Listing
May 16, 2025
$150,000
Public Record