Colton, CA 92324,848 W G ST
Colton, CA 92324,848 W G ST
Colton, CA 92324,848 W G ST
12
$2,085,000
$2,325,000
10.3%
Est.Price: ?

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7,847 SqFt

848 W G ST Colton, CA 92324

Est. payment /mo
SOLD DATE : 06/08/2022

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Key Details

Sold Price $2,085,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 7,847 sqft

Price per Sqft $265

MLS Listing ID CV22076012

Sold Date 06/08/22

HOA Y/N No

Year Built 1955

Lot Size 0.790 Acres

Acres 0.79

Property Description

We are pleased to exclusively present the opportunity to acquire 848-888 West G Street, an 11-units multifamily investment property located in Colton, California. Built in 1955, the property sits on an oversized parcel of 0.79-acre (34,240 square feet) and has an approximate building size of 7,847 square feet. The property features five buildings and is comprised of one two-bedroom/two-bathroom home, four one-bedroom/one-bathroom, and six two-bedroom/one-bathroom units. The units feature enclosed backyards, eight single car garages and one two-car garage. The apartments are individually metered for gas and electricity and have individual hot water heaters.
The property is conveniently located with easy access to the Interstate 10 and 215 freeways, right across the street from Colton High School. The property is in close proximity to 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 walkable distance from bus stops, restaurants, and service stores on Valley Boulevard, one of the main arterials taking commuters east and west of the Inland Empire that has a traffic count of 18,323. For recreation, residents can enjoy the Colton Gold Course and hiking or biking the Santa Ana River Trail that is 2.2 miles away and spans over a hundred miles. Found in the Inland Empire region of San Bernardino, the small town of Colton has grown into a thriving transportation network with a focus on high-quality living for its residents.

Location

State CA

County San Bernardino

Area 273 - Colton

Interior

Laundry None

Exterior

Garage Spaces 12.0

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description Lawn

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Lease Land No

Confidential INFO

BAC 2.0

TERMS Cash,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW INSTRUCTIONS Drive By Only Do not disturb tenants Please contact agent for offering memorandum

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CRMLS Plus
Listed by MARCUS & MILLICHAP
Bought with MARCUS & MILLICHAP
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agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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