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Redlands, CA 92374 923 E Colton Avenue

$799,000

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Presented By: William Soto with Redfin;
  • MLS# OC24076299
  • 04/19/2024
  • Request Tour
  • Request Info
  • BedBeds • 2
  • BathBaths • 1
  • FootageSQFT • 1,707
  • GarageGarage • 3

Home Details

Here's your chance to own an INVESTMENT property, 2 HOMES on ONE lot, in the great city of Redlands. The 10,000+ sq. ft. lot accommodates both homes easily. The front home, located at 923 E Colton Ave., has 2 bedrooms, 1 bath, a 1 car garage and a private rear yard. This unit faces the street and the elementary school nearby. The long driveway can easily park 2+ cars and features a front yard and porch area. The second unit, 921 E Colton Ave., can be accessed by the rear alley and also has plenty of space to park 2 or more cars. This unit also features 2 beds, 1 bath, a 2 car garage, separate laundry room (outside), plus a carport, a huge shed for storage and a private rear yard. BONUS OPPORTUNITY: The detached 2 car garage may be (must check with the city first) converted to an ADU and provide additional revenue. Located just 2 blocks away for the University of Redlands and a bike ride away to the historic downtown, this property is in a prime location for many years to come. Don't miss out on the chance to grow your investment portfolio or even buy it as an owner-investor and have built-in income from the start.
Presented By: William Soto with Redfin;

Interior Features for 923 E Colton Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Laundry FeaturesLaundryRoom
Street SuffixAvenue
Total Stories1
Window FeaturesWoodFrames

Other Rooms

Entry Level1

General for 923 E Colton Avenue

Additional Parcels Y/NNo
AppliancesFreeStandingRange, GasCooktop, Refrigerator, WaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces2.0
Carport Y/NYes
CityRedlands
Community FeaturesBiking, StreetLights, Sidewalks
ContingencyBuyer to cooperate with seller's 1031 Exchange at NO COST to buyer. Unit 923 will be vacant in early JUNE.
CoolingNone
CountySan Bernardino
Days on Market11
DirectionsChurch St, N University St
Entry Location1
ExclusionsAll personal property is excluded
Garage Spaces3.0
Garage Y/NYes
Gross Income0.0
HOA0.0
HOA / Comm AssnNo
HeatingNaturalGas, WallFurnace
Home Warranty Y/NNo
Insurance Expense0.0
Interior FeaturesCeilingFans, TileCounters
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan, Conventional
Lot Size Square Feet10620.0
MLS Area268 - Redlands
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number of Units Leased1
Open Parking Spaces2.0
Operating Expense0.0
Other StructuresSecondGarage, Sheds, Storage, TwoOnALot
Pool FeaturesNone
PossessionCloseOfEscrow, SeeRemarks
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories1
Street NameColton
Tax Lot27
Total Actual Rent1950.0
Total Units2
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNeighborhood, None
View Y/NNo
Virtual TourClick here
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1939
Year Built SourceAssessor

Exterior for 923 E Colton Avenue

Building Area Total1707.0
Crops Included Y/NNo
FencingWood
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, FrontYard, Lawn, Yard
Lot Size Acres0.2438
Lot Size Area10620.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings4
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDoorMulti, DoorSingle, Driveway, Garage
Road Frontage TypeAlley, CityStreet
SpaNo
Total Parking7.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $799,000
MLS#OC24076299
List Date 04/19/2024
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors