$475,000
For Sale

1311 E Olive Street

Colton, CA 92324
1236 sqft | 3 beds | 2 baths | 0.22 acres | #IG25048396
Listing OfficeDEBRA HANNA BROKER
Browse 16 photos
Type:Purchase
Structure:House
Zone:Residential

Description

$75K TOTAL PRICE DROP! Two Structures on One Spacious Lot!
This property offers excellent potential with a 3-bedroom, 2-bathroom main house (1236 sqft) PLUS a detached structure that was once a garage and can possibly be permitted as an ADU (Accessory Dwelling Unit)...Another option is the large slab foundation in the back that could be the ADU instead (Much bigger footprint than the garage unit). For either option consult with the City of Colton to determine what is allowed, etc.
Whether you're looking to live in one home and rent out the other, or you’re an investor seeking to create immediate equity, this is a fantastic opportunity! The main house features a charming porch area, a 2-car garage with built-in storage, 3 spacious bedrooms, and a large living room. The expansive 9500+ sqft lot offers ample space for expansion, gardening, or outdoor activities.
Don’t miss out on this opportunity to utilize the full potential of this property with the possibility of two income-generating homes.

  • Property Details
      • Property SubtypeSingleFamilyResidence
      • InteriorAllBedroomsDown
      • School DistrictColton Unified
      • CountySan Bernardino
      • Sewer InformationPublicSewer
      • MLS #IG25048396
      • MLS #IG25048396
      • Property TypePurchase
      • Original List Price$549,000
      • Acres0.2185
      • Utility SourcePublic
      • Cost475000
      • Structure TypeHouse
      • Square Feet1236
      • Year Built1961
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Stories1
      • Parking Spaces2

Location

Gary ElminoufiReal Estate Group
OR

Interested in Purchasing 1311 E Olive Street?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 92324