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1327 Pennsylvania Avenue
Colton, CA 92324

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Property Details


List Price: $2,999,000
Beds: 24
Baths: 20
Status: Active
SqFt: 12600
Agency: Realty ONE Group Synergy

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Description/Comments


Lot Size: 66,460 sqft
Property Type: MultiFamily
Year Built: 1964
Notes: Investment Opportunity: Trio of Fourplexes in Prime Colton Location<br /> <br /> Presenting an exceptional investment opportunity in Colton, California, this offering comprises three meticulously maintained fourplexes, each boasting its own Assessor Parcel Number (APN). With a total of 12 units, this portfolio presents an attractive prospect for investors seeking stable income and long-term growth potential.<br /> <br /> Prime Location: Situated in a sought-after area of Colton, these fourplexes enjoy proximity to schools, parks, shopping centers, and major transportation routes, providing residents with convenience and accessibility.<br /> <br /> Well-Maintained Units: All 12 units are in great condition, meticulously cared for by conscientious owners. Each unit offers comfortable living spaces, featuring modern amenities and tasteful finishes throughout. Residents appreciate the convenience of community laundry facilities and carport parking, enhancing their overall living experience.<br /> <br /> Individual APNs: With each building having its own Assessor Parcel Number, investors benefit from added flexibility and potential tax advantages. This arrangement allows for separate financing options and streamlined management processes.<br /> <br /> Income Potential: With a total of 12 units, this portfolio presents a lucrative income opportunity for savvy investors. The strong rental market in Colton ensures consistent demand, providing a stable revenue stream and favorable cash flow potential.<br /> <br /> Upside Potential: While already in excellent condition, these fourplexes offer potential for further value enhancement. With strategic upgrades or rent optimization strategies, investors can capitalize on additional rental income and increased property appreciation over time.<br /> <br /> Turnkey Investment: Whether you're a seasoned investor or exploring your first investment property, this portfolio of fourplexes offers a turnkey solution. With well-maintained units, desirable amenities, and a prime location, these properties are primed for immediate income generation and long-term success.<br /> <br /> Don't miss out on this rare opportunity to acquire a trio of fourplexes in Colton's thriving real estate market. Contact us today to schedule a viewing and take the next step towards building your investment portfolio.
MlsNumber: PW24093518


Listing Provided By: Realty ONE Group Synergy, original listing
Name: Realty ONE Group Synergy
Phone: (562) 696-6515
Office Name: Synergy Real Estate
Office Phone: (562) 696-6515
Agent Name: Carolyn Vazquez
Disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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