1327 North Pennsylvania Avenue

Colton, CA 92324

$2,999,000
Price
24
Beds
20
Baths
12,600 Sq. Ft.
$238 / Sq. Ft.
12,600
Sq. Ft.
$238
per Sq. Ft.

Description

Investment Opportunity: Trio of Fourplexes in Prime Colton Location:
3 Addresses! 1327, 1337 & 1347 Pennsylvania Avenue - Also, being sold separately. 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. Prime Location: Situated
...Investment Opportunity: Trio of Fourplexes in Prime Colton Location:

3 Addresses! 1327, 1337 & 1347 Pennsylvania Avenue - Also, being sold separately. 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. 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. 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. 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. 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. 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. 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. 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.
  1. Listed by Carolyn Vazquez • DRE #01418260 • Brokerage DRE #02216655 • Synergy Real Estate

Property Details for 1327 North Pennsylvania Avenue

Parking Spaces Total
15
Private Pool
No
Cooling Type
Wall/Window
Total Units
12.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
12600
Assessor Parcel Number
0160-234-16-0000

Location

Listing Courtesy of Synergy Real Estate, Carolyn Vazquez, DRE #01418260
Add your commute
LISTING UPDATED: 05/17/2024 05:44 AM

Property Details for 1327 North Pennsylvania Avenue

StatusActive
MLS #PW24093518
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size1.53 AC / 66,460 SF
CountySan Bernardino County

Location

Listing Courtesy of Synergy Real Estate, Carolyn Vazquez, DRE #01418260
Add your commute

Building Information for 1327 North Pennsylvania Avenue

Stories1Residences-Year Built1964Building Size-Lot Size1.53 AC / 66,460 SF

Payment Calculator

$16,935 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,367

Property Taxes

$568

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1327 North Pennsylvania Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $19,190
  • Gross Scheduled Income: $185,082
  • Net Operating Income: $107,502
Expense Details
  • Operating Expense: $77,580
  • Fuel Expense: $0
  • Security Expense: $3,840
  • Electric Expense: $0
  • Insurance Expense: $7,500
  • Professional Management Expense: $0
  • Trash Expense: $19,447
  • Water Sewer Expense: $30,708
  • Total Expenses: $53,995
Tax / Assessment Info
  • Tax Tract Number: 7090
  • Tax Census Tract: 66.03
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 5
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: ground
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Additional Parcels Description: 0160234150000, 0160234140000
  • Lot Features: Lot Over 40000 Sqft
  • Number Of Units: 12
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 0
  • Carport Spaces: 12
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,808
  • Unit Type Total Rent: $1,808
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,520
  • Unit Type Total Rent: $1,520
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 11
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 12
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,658
  • Unit Type Total Rent: $1,658
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 2
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,315
  • Unit Type Total Rent: $1,315
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 3
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,315
  • Unit Type Total Rent: $1,315
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,630
  • Unit Type Total Rent: $1,630
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 5
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 6
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 7
Unit 11
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,628
  • Unit Type Total Rent: $1,628
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 8
Unit 12
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,808
  • Unit Type Total Rent: $1,808
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 9
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 0

Property History for 1327 North Pennsylvania Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1327 North Pennsylvania Avenue

Taxable ValueLand$130,533Additions$414,711Total$545,244
Tax Record2023$6,816 ($568 / month)
Home Facts
Lot Size16,615 SqFtStyleQuadraplexCountySAN BERNARDINOAPN0160-234-16-0000

Schools near 1327 North Pennsylvania Avenue

This home is within Colton Joint Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Ulysses Grant Elementary School
PublicK to 6

Colton Middle School
Public7 to 8

Colton High School
Public9 to 12

Washington High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1327 North Pennsylvania Avenue is a multi-family home for sale in Colton, CA 92324. This property was listed for sale on April 8, 2024 by Synergy Real Estate, it's currently listed at $2,999,000. This listing's school district is Colton Joint Unified School District. Nearby schools include Ulysses Grant Elementary School, Colton Middle School and Colton High School. 1327 North Pennsylvania Avenue is a 24-bed, 20-bath, 12,600 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Synergy Real Estate, Carolyn Vazquez, DRE #01418260

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.