
Colton, California 92324
This property presents a High-Potential Investment Opportunity with a List Price of $499,999—positioned well below the $489,234 Fair Market Value by -2%. While the home carries a Condition Rating of 5, the 8,000 sq ft lot and 1,788 sq ft layout offer significant value-add potential through modernization or ADU development. Its proximity to major universities like Loma Linda and UC Riverside ensures strong rental demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a project with long-term appreciation upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 838 E G Subject 4 bd · 2 ba · 1,788 sqft · $274 | $499,999* List Price | 4 | 2 | 1,788 | $274 | - |
A 855 Palm Drive Sold 3 bd · 2 ba · 1,520 sqft · $230 · 0.6 mi | $350,000 | 3 | 2 | 1,520 | $230 | 0.6 mi |
B 1415 Wildwood Street Sold 5 bd · 3 ba · 2,021 sqft · $285 · 0.9 mi | $575,000 | 5 | 3 | 2,021 | $285 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 and offered for the first time in decades, the home is in original condition. The kitchen features 60-year-old cabinetry and finishes, while the presence of a wall heater and surface-mounted wiring indicates outdated HVAC and electrical systems that require a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8000, living area = 1788.
With over 1,700 sq ft and four bedrooms, the home offers significant flexibility for multigenerational living, a private home office, or high-capacity rental potential.
The generous 8,000 sq ft lot provides an excellent opportunity for an Accessory Dwelling Unit (ADU) addition or custom outdoor improvements to maximize the property's value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Marketed as a 'sweat equity' project, the home likely requires substantial investment in modernizing finishes and systems to reach its full market potential.
The current 1.5-bathroom configuration for a four-bedroom home is a low ratio that may require additional plumbing investment to satisfy modern buyer expectations.
Exceptional potential awaits in this spacious single-family home offering over 1,700 sq ft of versatile living space. Featuring 4 bedrooms and 1.5 baths, the expansive layout provides flexible options for multigenerational living, a private home office, or income-generating potential. Situated on a generous lot, the property offers fantastic potential for an ADU addition or custom outdoor updates. First time on the market in decades—bring your design ideas and sweat equity to make this home truly shine. Centrally located with convenient freeway access and just a short drive to major universities, including UC Riverside, University of Redlands, Loma Linda University, and CSU San Bernardino.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,788 | 1,413.593 |
| Lot Size | 8,000 | 7,725 |
| Price | $500.0K | $549.4K |
| Price per sq ft | $280 | $362 |
| Built year | 1960 | 1978 |
| HOA | $0 | $125 |
| Days on market | 20 | 61 |
Oct 4, 2026
$499,999
Initial Listing