981 W C Street,  Colton CA, 92324 (Residential Income)

4,766 sqft
Status: Active
MLS#: AR16180893
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Last Updated: 12/4/2016 4:03 PM
Description for 981 W C Street Colton, CA 92324
$87,000 per year scheduled income for a cash generating property located in the HIGH DEMAND good part of Colton, yes this part is considered good and the streets are nice clean streets. See for yourself! Rents were previously low and property was in need of dire attention when first bought, BUT luckily for you, Landlord made the right changes here and made life EASY for you. Now rents are HEALTHY with room to increase in its current condition. Very easy location to rent out and to RAISE RENTS high...high...and HIGHER! Schools are walking distance, freeways and stores a minute away. *** Furthermore, current land use allows for 5-14 units on this largely unused 36,000 sqft lot. There are only 9 right now. Perhaps you are the one to make full use of all the space here?
Price
$1,180,000
San Bernardino
4,766 (approx)
AR16180893
Active
Description
$87,000 per year scheduled income for a cash generating property located in the HIGH DEMAND good part of Colton, yes this part is considered good and the streets are nice clean streets. See for yourself! Rents were previously low and property was in need of dire attention when first bought, BUT luckily for you, Landlord made the right changes here and made life EASY for you. Now rents are HEALTHY with room to increase in its current condition. Very easy location to rent out and to RAISE RENTS high...high...and HIGHER! Schools are walking distance, freeways and stores a minute away. *** Furthermore, current land use allows for 5-14 units on this largely unused 36,000 sqft lot. There are only 9 right now. Perhaps you are the one to make full use of all the space here?
Listing Information
Property Type: Cluster, 1 Story
0.75 Acres 3,300,000 sq.ft. 4,766 (approx)
$247.59 1964
1
9 Total
Neighborhood
Room Information
Exterior / Lot Features
None
No Pool
RS
Suburban
Driving Directions
Cross Streets: North Cypress
Financial Considerations
0274152440000
$87,000 Income ,$19,310Expense
Listing Price History

Colton Real Estate

Colton is located in California. Colton, California 92324 has a population of 52,425.

The median household income in Colton, California 92324 is $41,496. The median household income for the surrounding county is $54,750 compared to the national median of $53,046. The median age of people living in Colton 92324 is 28.1 years.

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Courtesy: New Century Eddie Hsu
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Information is deemed reliable but is not guaranteed.

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