1317 Pennsylvania Avenue, Colton, CA 92324

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Property Description

We are pleased to exclusively present the opportunity to acquire 1317 Pennsylvania Avenue, a single-story fourplex multifamily investment property located in the city of Colton, California. The property sits on a 0.38-acre parcel and has an approximate building size of 4,000 square feet. The property is comprised of four spacious two-bedroom/two-bathroom floor plans. Each unit offers their own assigned carport parking, new HVAC unit, and a front patio. Selected units are renovated. The apartment features a new composition roof and an on-site laundry facility (owned). The apartments are individually metered for gas and electricity and have individual hot water heaters. The property is conveniently located near the intersection of Interstate 10 and 215 Freeway, providing commuters with easy access to cities in the Inland Empire. The property is surrounded by numerous elementary, middle, and high schools within the Colton Joint Unified School District in addition to the several higher education institutions including San Bernardino Valley College, Loma Linda University, and University of California Riverside, thus having the potential to attract long-term residents. The property is within a three-mile radius of multiple department stores and shopping centers including Target, Walmart, Sprouts Farmers Market, and Inland Center Mall. For outdoor recreational activities, residents enjoy golfing at Colton Golf Course and San Bernardino Public Golf Club, as well as hiking or biking at the Santa Ana River Trail, a popular trail that spans over fifty miles and connects three counties.


Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Central Air

Listing Information

Address 1317 Pennsylvania Avenue
City Colton
State CA
Zip 92324
County San Bernardino
Listing Agent David Covarrubias DRE #01941403
Co-Listing Agent Douglas McCauley DRE #01155706
Courtesy Of MARCUS & MILLICHAP
Close Price $940,000
Status Closed
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 16,615
Year Built 1960

Listing information courtesy of: David Covarrubias, Douglas McCauley, MARCUS & MILLICHAP. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 26th, 2024 at 3:37 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.