$530,000
For more information regarding the value of a property, please contact us for a free consultation.
5,401 Sqft Lot
SOLD DATE : 08/30/2022
Key Details
Sold Price $530,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV22150392
Sold Date 08/30/22
HOA Y/N No
Year Built 1943
Lot Size 5,401 Sqft
Property Description
PRICE JUST REDUCED! Great Investment Property! You can either rent out both the main house AND the back studio unit OR live in the main house and get income by rent out the back unit! The main house is about 1,300 sf including 4 bedrooms and 2 baths. The back unit is a 300 sf studio with its own bath. Washer/dryer hookups are in the back of the studio separated and shared by all. Both the main house and back unit have been rentals for years and tenants have been notified of the sale and are cooperative in moving out on time. The large backyard provides enough space and shade for all family gatherings. Living space square footage includes 2 additional bedrooms without permit; the back unit is a detached garage converted to a studio with its own bathroom without permit. Current market rental rate for the 4-bedroom main house is around $2,500 while the back unit at $800. Close to schools, shopping center & grocery store. Easy access to freeways. A rare investment opportunity and it won't last! This is an “AS IS” sale and square footage not taped so Buyer to verify and satisfy themselves.
Location
State CA
County San Bernardino
Area 273 - Colton
Interior
Interior Features All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop, Disposal, Gas Oven, Gas Range, Water Heater
Laundry Common Area, Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Concrete, Driveway, Off Street
Fence Block
Pool None
Community Features Curbs
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Shingle
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Front Yard, Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Patio Home
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 0164111290000
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with PHILIP CHANG • DYNASTY REAL ESTATE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States