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Listing 15 out of 1,005
$1,250,000 For Sale

572 N La Cadena Drive
Colton, CA 92324

5 units | Multi Family Home
15002 sq ft lot - MLS# IV19084994
Property Photo
1/56

Description

PRICE DROP!! PRICE DROP!!Cash Flow! Cash Flow! Cash Flow! We have tremendous cash flow property that consist of a FULLY FURNISHED RESTAURANT THAT INCLUDES ALL FURNITURE, EQUIPMENT AND SUPPLIES, FOUR SEPARATE HOMES WHICH INCLUDES A HISTORIC VICTORIAN HOME(MUSEUM CONDITION) BUILT IN 1885. I will run out of characters so you will need to see this in person to appreciate the upside and income potential on this property. Property consist of two separate parcels. The Victorian home sits on its own parcel and the Restaurant and three detached homes are on the other parcel. The three homes each are one bedroom and one bath and have their own separate electric and gas meters and have their own inside laundry room. One of the larger homes has its own two car attached garage and sunroom. The Victorian Home is in impeccable conditions with 3 Bedrooms and 1 1/4 baths, fully fenced backyard and detached garage. The Restaurant is fully equipped and the sale includes ALL items in the Restaurant. The Restaurant features another small area that was used for a barber shop and has its own restroom and entrance. Property is located in historic downtown Colton just three blocks north of the 10 Freeway. Colton is located at the 215/10 Junction. Schedule your appointment for a showing so you can truly appreciate the opportunity that awaits. See you in Escrow!!

Features

  • # of Parking Spaces: 11.00
  • Area: 273 - Colton
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 5157.00
  • Building Area Units: Square Feet
  • Carport Spaces: 1.00
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Cooling: Central Air, Yes
  • Country: US
  • Directions: 10 Freeway, Exit 9th Street, Left on Valley Right on La Cadena-Property on right hand side.
  • Fence: Yes
  • Fencing: Chain Link, Cross Fenced, Masonry
  • Fireplace: Family Room,Living Room, Yes
  • Garage Spaces: 3.00
  • Gross Income: 119700.00
  • Gross Scheduled Income: 139800.00
  • Heating: Central, Yes
  • Inclusions: All restaurant equipment and furniture at 592 North La Cadena Drive
  • Insurance Expense: 2500.00
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Listing Agent License: 01867303
  • Listing Office License: 00531231
  • Listing Status: Active
  • Lot Features: Corner Lot, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size: 0.3444
  • Lot Size Acres: 0.3444
  • Lot Size Area: 15000.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 119700.00
  • New Taxes Expense: 15400.00
  • Number Of Buildings: 6
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 2
  • Operating Expense: 20100.00
  • Parking Features: Carport, Driveway, Public, Street, Uncovered
  • Parking Spaces: 11.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Multi Family Home
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Roof: Composition
  • Sewer: Public Sewer
  • Special Conditions Details: Standard,Trust
  • Stories: Two
  • Stories Total: 2
  • Sub Type: Multi Family Home
  • Total Expenses: 20100.00
  • Trash Expense: 1000.00
  • Uncovered Spaces: 7.00
  • Units: 5
  • Utilities: Sewer Connected
  • Water Sewer Expense: 1200.00
  • Water Source: Public
  • Year Built: 1885
  • Year Built Source: Assessor
  • Zip Code: 92324
  • View: City Lights,Mountain(s),Neighborhood, Yes

Ellie  Dominguez  and  Associates  are ready to help you with any  Legal or  Real Estate Challenges.  San Diego County (619) 723-3383  and/or San Bernardino County  (909) 645-5926.  Text  or email me today for a FREE Consultation.  Ellierealty18@gmail.com

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Testimonials Page

Ellie is so great at communicating! This is a great attribute especially as a realtor. Ellie works around your schedule and works hard to make sure that her clients are happy.
Ellie is a Real Estate professional with down to earth charm. The best thing about working with Ellie is you know exactly what you are going to get. She is direct, precise and leaves you feeling confident.
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Ellie  Dominguez  and  Associates  are ready to help you with any  Legal or  Real Estate Challenges.  San Diego County (619) 723-3383  and/or San Bernardino County  (909) 645-5926.  Text  or email me today for a FREE Consultation.  Ellierealty18@gmail.com