Exceptional 4-Unit Income Property in the Heart of Colton! Welcome to 1077 N La Cadena Dr, a rare multi-family opportunity offering both strong cash flow potential and versatile living space. Whether you’re an investor seeking consistent returns or an owner-occupant looking to offset your mortgage, this property delivers flexibility and upside. This sizeable main residence which boasts 6 bedrooms and 2 full bathroom can command premium rent or serve as an owner’s unit while the rear units located privately behind the main house are three separate 1-bedroom, 1-bathroom units currently tenant occupied generate steady income. Property needs some TLC and priced ideal for a fix/flip or retained for positive cash flow opportunity.
EXCELLENT BUSINESS OPPORTUNITY! Mobile Home Park for Sale in Colton! Invest in a thriving mobile home park in Colton, offering a unique opportunity for a savvy buyer. This well-established park boasts: - 100% Occupancy: All available spaces are rented, providing a steady stream of income. - Low Management Requirements: Tenants pay their own utilities, simplifying management tasks. - Stable Cash Flow: With a proven track record of occupancy, this park offers a reliable source of revenue. Don't miss this chance to acquire a lucrative business venture. Contact us today to schedule a viewing and take the first step towards owning a successful mobile home park!
The units have curb appeal, a lot of care has gone into these homes, a new AC unit with lifetime warranty, new furnace, some new plumbing, new sewer hook ups, new electrical panel. two units, first unit is a two, bedroom one bath second bedroom is small and does not have a closet, bonus room next to it is used as a closet/storage area. back unit is a studio of about 550 square feet, has large room kitchen bathroom and closet. With bonus rooms this could be a nice three bedroom. Front yard has plenty of room to play or add on, back yard has matured fruit trees with lots of fruit on them, lemons and limes. Has a carport with a separate structure attached that's call the garage 312 sq ft. it could also be used as a workshop needs a garage door Refrigerator and stove included.
Front house is 2 bedrooms 1 bath. with enclosed patio that can be used as additional room, has city approved plans, mini split air conditioning, some areas remodeled last year, long driveway and big backyard. There is a 1 bedroom 1 bath house in the back yard. Great home for a big family to use both houses or use one for rental income. FHA welcome. Call for more exciting details and to discuss financing options.
Colton is located in California. Colton, California has a population of 53,894. Colton is less family-centric than the surrounding county with 30.28% of the households containing married families with children. The county average for households married with children is 33.94%.
The median household income in Colton, California is $60,874. The median household income for the surrounding county is $70,287 compared to the national median of $69,021. The median age of people living in Colton is 31.9 years.
The average high temperature in July is 94.9 degrees, with an average low temperature in January of 42.6 degrees. The average rainfall is approximately 12.2 inches per year, with 0 inches of snow per year.
