659 S 7th Street, Colton, California 92324, Colton, 92324 - 4 bed, 2 bath
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Colton, California 92324
This Versatile Residential Income Duplex is listed at $575,000, representing a stable and fair entry point near its $571,425 Fair Market Value. The property offers a high-impact "house-hack" configuration, featuring one completely reimagined 2-bedroom unit with quartz countertops and new flooring, alongside a second income-generating unit. Boasting a Good Condition Rating and situated on a 6,664 sq ft lot, the asset benefits from a lack of rent control and strong rental demand within the Colton Unified School District. This is an ideal acquisition for Owner-Occupants looking to offset mortgage costs or Buy-and-Hold Investors seeking a turnkey-plus-value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 659 S 7th Street Subject | $575,000* List Price | 4 | 2 | 1,444 | $396 | - |
A 450 454 W D Street Sold | $685,000 | 4 | 2 | 1,730 | $396 | 1.0 mi |
B 725 W K Sold | $650,000 | 0 | 0 | 1,850 | $351 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a duplex where one unit has been completely renovated with modern finishes, including quartz countertops, new cabinetry, updated lighting, and tiled bathrooms. While the second unit is noted as needing some cosmetic TLC, the overall property is move-in ready with newer roofs and separate updated utility meters, placing it in the 'Good' category despite its 1925 build date.
This legal duplex features two separate 2-bedroom homes with individual utility meters, making it an ideal candidate for house-hacking or a high-yield investment strategy.
One unit has been completely reimagined with high-end finishes, including quartz countertops, new flooring, and updated cabinetry, allowing for immediate occupancy or top-of-market rental income.
The property is eligible for FHA, VA, and Conventional financing and is located in a non-rent-controlled area, offering significant long-term appreciation and management flexibility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1444, other record living area = 684. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The second unit is currently occupied at $900 per month, which is significantly below the projected market rate of $1,850, limiting immediate total cash flow potential.
While one unit is renovated, the 1925-built occupied unit requires cosmetic upgrades and TLC, indicating a need for future capital expenditure to maximize the property's value.
Excellent investment and house-hack opportunity in the growing city of Colton. This legal two-unit property features two separate 2-bedroom, 1-bath homes, each with its own gas, water, and electric meters, offering flexibility for investors or owner-occupants seeking rental income and long-term upside. 201 W Maple will be delivered vacant and completely reimagined, showcasing new flooring, baseboards, updated kitchen cabinetry, quartz countertops, a beautifully tiled bathroom, and new lighting throughout. This beautifully upgraded unit is ready for immediate occupancy or rental, with a projected market rent of $1,850 per month. Perfect for a primary buyer to move in and offset their mortgage by collecting rent from the second home. The second unit at 659 7th St is currently tenant-occupied at $900 per month, creating immediate cash flow from day one. Combined, the property offers a gross scheduled income of approximately $33,000 per year, with low operating expenses and strong long-term upside. Both homes feature newer roofs, and while the occupied unit offers room for light cosmetic upgrades and TLC, the property presents outstanding value-add potential. Situated on a 6,664 sq ft lot, the property includes driveway parking and a storage shed. No rent control. Eligible for FHA, Conventional, and VA financing. Ideal for investors or owner-occupants looking for a versatile multi-unit property with immediate income, equity potential, and future appreciation. Please do not disturb the tenants at 659 7th St. Drive-by only.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,444 | 1,850 | 20% |
| Lot Size | 6,664 | 7,500 | 20% |
| Price | $575.0K | $650.0K | 20% |
| Price per sq ft | $398 | $351 | 80% |
| Built year | 1925 | 1939 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 151 | 40% |
Feb 19, 2026
$575,000
Initial Listing
Oct 24, 2024
$499,000
Public Record
Apr 14, 2016
$165,000
Public Record