974 Sperry Dr., Colton, California 92324, Colton, 92324 - 1 bed, 1 bath
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Colton, California 92324
This property presents a High-Potential Investment Opportunity with a List Price of $430,000—positioned well above the $395,826 Fair Market Value by 8%. While the property lacks immediate equity, the 7,450 SF lot offers significant Expansion Potential for an ADU or home addition. With a Condition Rating of 4, the home requires modernization of aging systems. This asset is best suited for Buy-and-Hold Investors or Contractors capable of leveraging the generous lot size to force appreciation in a central Inland Empire location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 974 Sperry Dr. Subject | $399,000* List Price | 1 | 1 | 648 | $581 | - |
A 974 Sperry Sold | $450,000 | 2 | 1 | 648 | $694 | 0.0 mi |
B 845 E H Sold | $430,000 | 2 | 1 | 858 | $501 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, the home shows some cosmetic interior updates such as laminate flooring and a ceiling fan, but the exterior and systems (notably the roof-mounted swamp cooler) appear dated. Given its age and the description's focus on 'expansion potential,' the property likely requires updates to major systems and the kitchen/bath to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7450, living area = 648.
The oversized 7,450 SF lot provides a rare opportunity for future home expansion or the addition of an Accessory Dwelling Unit (ADU), offering substantial value-add potential for investors or growing households.
Situated in the heart of the Inland Empire with immediate access to the I-10 and I-215 freeways, the property offers excellent connectivity to major employment hubs, shopping, and dining.
The property was recently sold within the past year on 2026-04-24. The sold price is $450,000.00.
With only one bedroom and 648 square feet of living area, the current footprint is highly restrictive and may not meet the needs of families or buyers seeking more interior volume.
Built in 1947, the property may require significant capital investment to modernize aging systems and cosmetic finishes to meet contemporary standards and energy efficiency.
Charming 1-bedroom, 1-bath home situated on a spacious 7,450 SF lot with excellent potential for future expansion. The fully fenced property offers a back patio perfect for outdoor relaxation and entertaining. Enjoy two mature fruit trees and a large storage shed, offering ample space. The property currently includes 1-car parking and has the potential to add more parking spaces. With its generous lot size and expansion possibilities, this home presents a great opportunity for homeowners, investors, or anyone looking to create additional living space to suit their needs. Colton's central Inland Empire location offers convenient access to I-10 and I-215, as well as shopping, dining, parks, schools, and major employment centers. Colton combines established neighborhoods with ongoing growth and easy access to surrounding cities throughout Southern California.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.5 |
| Baths | 1.0 | 2.5 |
| Square foot | 648 | 1,544.5 |
| Lot Size | 7,450 | 7,090 |
| Price | $399.0K | $527.3K |
| Price per sq ft | $616 | $378 |
| Built year | 1947 | 1988 |
| HOA | $0 | $179 |
| Days on market | 34 | 57 |
Jul 8, 2026
$399,000
$430,000
-7% Price Drop
Initial Listing
Jun 18, 2026
$430,000
Initial Listing
Apr 24, 2026
$450,000
Public Record
Oct 31, 2023
$320,000
Public Record