572 N La Cadena Drive

    Colton, CA 92324
    • $1,250,000
    • STATUS: Active
    • ON SITE: 388 days
    • ID#: IV19084994
    UPDATED: 26 min ago
    $1,250,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,157
      SQFT
    • $242
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1885
    County:
    Area:

    School Ratings & Info

    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!!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-24T17:26:09.353. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.

    www.twissrealty.com/homes/94270818

    572 N La Cadena Drive Colton, CA 92324

    • Price: $1,250,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: IV19084994
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    5,157
    SQFT
    $242
    $/SQFT
    1885
    Built
    Neighborhood:
    273 - Colton
    County:
    San Bernardino
    Area:
    273 - Colton
    Property 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!!
    Exterior Features

    Carport Spaces 1.00 Fence YN Yes Fencing Chain LinkCross FencedMasonry Garage Spaces 3.00 Lot Features Corner LotLevel With StreetLot 10000-19999 SqftRectangular Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Features CarportDrivewayPublicStreetUncovered Parking Total 11.00 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Maintained Roof Composition View City LightsMountain(S)Neighborhood View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Family RoomLiving Room Fireplace YN Yes Heating Central Heating YN Yes Laundry Features Individual Room Levels Two

    Property Features

    Additional Parcels Description 0162-052-19 Additional Parcels YN Yes Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsGuttersSidewalksStreet Lights Country Us Elevation Units Feet Exclusions Piano And Household Furniture in Victorian Home At 572 North La Cadena Drive Gross Income 119700.00 Gross Scheduled Income 139800.00 Inclusions All Restaurant Equipment And Furniture At 592 North La Cadena Drive Insurance Expense 2500.00 Land Lease YN No Laundry YN Yes Net Operating Income 119700.00 New Construction YN No New Taxes Expense 15400.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 2 Number Of Units Leased 0 Operating Expense 20100.00 Professional Management Expense 0.00 Property Condition Repairs Cosmetic Property Sub Type Commercial/Residential Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Tenant Pays All Utilities Total Actual Rent 0.00 Total Expenses 20100.00 Trash Expense 1000.00 Utilities Sewer Connected Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Kenneth Adkins of Century 21 Lois Lauer Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-24T17:26:09.353. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.

     
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