Property · 2 recorded sales since 2015
Listing Agent: Eddie Hsu (DRE #00514782) · Listing Office: New Century Commercial · Contact: 626-291-5800 · Bought with: Daniel Hernandez · United Home Realty · MLS #AR17151098 · Source: CRMLS
$90,120 per year scheduled income for a cash generating property located in the HIGH DEMAND good part of Colton, yes this part is considered good and the streets are nice clean streets. See for yourself! Rents were previously low and property was in need of dire attention when first bought, BUT luckily for you, Landlord made the right changes here and made life EASY for you. Now rents are HEALTHY with room to increase in its current condition. Very easy location to rent out and to RAISE RENTS high...high...and HIGHER! Schools are walking distance, freeways and stores a minute away. *** Furthermore, current land use allows for 5-14 units on this largely unused 36,000 sqft lot. There are only 9 right now. Perhaps you are the one to make full use of all the space here?
Listing description from the September 2017 sale, as reported to CRMLS.