610 W Olive, Colton, California 92324, Colton, 92324 - 3 bed, 2 bath
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Colton, California 92324
This Versatile Single-Story Pool Home represents a High-Potential Investment Opportunity, listed at $569,000—positioned well below the $636,022 Fair Market Value by 10%. This valuation gap provides $67,022 in Instant Equity for the incoming buyer. Holding a Condition Rating of 3, the residence features a flexible bonus room, a sparkling pool, and an oversized 8,250 sqft lot with significant ADU potential. Located directly next to Grant Elementary School, it balances immediate lifestyle perks with long-term financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 610 W Olive Subject | $569,000* List Price | 3 | 2 | 1,744 | $365 | - |
A 1705 N Jeryl Avenue Sold | $560,000 | 3 | 2 | 1,638 | $342 | 0.7 mi |
B 1075 Leslie Court Sold | $440,000 | 3 | 2 | 1,379 | $319 | 0.8 mi |
C 392 W L Sold | $485,000 | 3 | 2 | 1,248 | $389 | 1.0 mi |
D 951 W C Street W Sold | $522,000 | 3 | 2 | 1,452 | $360 | 0.5 mi |
E 1063 W Long Beach Drive Sold | $574,450 | 3 | 3 | 1,587 | $362 | 0.7 mi |
F 1150 N 2nd Pending | $559,000 List Price | 3 | 2 | 1,637 | $341 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready, featuring significant cosmetic updates including modern wood-look flooring, fresh interior paint, and updated light fixtures. While the kitchen retains a vintage aesthetic with older cabinetry and appliances, it appears functional and clean. The exposed beam ceilings and brick fireplace add character, and the exterior pool and patio areas are in excellent condition for the home's age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8250, living area = 1744.
The property features an oversized 8,250-square-foot lot with a sparkling pool, a large covered patio, and a diverse private orchard of mature fruit trees, perfect for entertaining.
Beyond the three standard bedrooms, the inclusion of a flexible bonus room/office provides essential space for remote work or the potential for a fourth bedroom conversion.
Originally built in 1951, the home may require ongoing maintenance or modernization of older systems to meet contemporary energy efficiency and building standards.
Being situated directly next to Grant Elementary School likely results in increased noise and significant vehicular congestion during peak morning drop-off and afternoon pick-up hours.
Rare single-story pool home with an oversized backyard, mature fruit trees, and a versatile BONUS ROOM / OFFICE in an established Colton neighborhood next to Grant Elementary School. This well-maintained 3-bedroom, 2-bath residence offers a functional layout with spacious living and family areas highlighted by a custom brick fireplace, creating a warm and inviting space for relaxing or entertaining. The flexible BONUS ROOM / OFFICE provides the perfect space for remote work, a playroom, gym, guest room, or potential 4th bedroom. Step outside to the true highlight of the property, an expansive backyard featuring a sparkling pool and oversized covered patio, ideal for gatherings, summer BBQs, or enjoying Southern California’s indoor-outdoor lifestyle. The yard is enhanced by mature fruit trees including avocado, lime, guava, arrayan and grapefruit, creating a private garden-like setting. The generous lot offers ample space for outdoor living and potential future expansion such as an ADU, guest house, or additional living space. Additional features include an attached 2-car garage, single-story layout, and convenient proximity to shopping, parks, schools, and major commuter routes. Homes offering a pool, oversized backyard, mature fruit trees, and flexible bonus space rarely come available in this area, making this an exceptional opportunity for first-time buyers, growing families, or anyone seeking move-in-ready comfort with room to enjoy inside and out.
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 | 1,744 | 1,344 | 81% |
| Lot Size | 8,250 | 7,207.5 | 76% |
| Price | $569.0K | $507.5K | 73% |
| Price per sq ft | $326 | $388 | 28% |
| Built year | 1951 | 1981 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 185 | 1% |
Mar 11, 2026
$569,000
Initial Listing
Nov 26, 2014
$199,000
Public Record