1428 North Bordwell Avenue

Colton, CA 92324

$1,100,000
Last Sold Price
11
Beds
5
Baths
3,800 Sq. Ft.
$289 / Sq. Ft.
3,800
Sq. Ft.
$289
per Sq. Ft.

Description

Welcome to this absolutely stunning income producing property for sale in the quiet and rural town of Colton, CA where you are collecting a total of $7,375/month! Property shows great pride of ownership as the entire exterior has been fully updated. You can own this 5-unit property with the potential for a 6th unit. This building comes with 6 electrical meters and 6 gas meters and with approved plans for a 6th unit. This cash cow consists of four 2 bed 1 bath units and one 3-bed 1 bath unit. You...Welcome to this absolutely stunning income producing property for sale in the quiet and rural town of Colton, CA where you are collecting a total of $7,375/month! Property shows great pride of ownership as the entire exterior has been fully updated. You can own this 5-unit property with the potential for a 6th unit. This building comes with 6 electrical meters and 6 gas meters and with approved plans for a 6th unit. This cash cow consists of four 2 bed 1 bath units and one 3-bed 1 bath unit. You have the potential for major upside while collecting very healthy rents. Located in a very desirable location, within walking distance to shopping centers, restaurants, and much more. Colton, referred to as the hub of the Inland Empire, is located in a suburb 60 mins from Los Angeles, Palm Springs, and Big Bear. Strategically located next to the I-10 and the I-215 freeways connecting destinations in every direction. Adjacent is the California University of Science and Medicine (CUSM) with Loma Linda University Medical Center and Kaiser Permanente less than six miles away. This will not last!
  1. Listed by Andrew Munoz • DRE #01989243 • Brokerage DRE #01952507 • Keller Williams Pacific Estate
  2. Listed by Jovani Pina • DRE #01959832 • Brokerage DRE #01952507 • Keller Williams Pacific Estates Cerritos

Property Details for 1428 North Bordwell Avenue

Parking Spaces Total
5
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3800
Assessor Parcel Number
0160-261-31-0000
Property Attached YN
true

Location

Listing Courtesy of Keller Williams Pacific Estate, Andrew Munoz, DRE #01989243; Keller Williams Pacific Estates Cerritos, Jovani Pina, DRE #01959832

Sold By RITA SHAW BROKER & ASSOCIATES, WILL QUANSTROM, DRE #02014095

Add your commute
LISTING UPDATED: 08/25/2022 03:55 AM

Property Details for 1428 North Bordwell Avenue

StatusClosed
MLS #PW22159196
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.40 AC / 17,600 SF
CountySan Bernardino County

Location

Listing Courtesy of Keller Williams Pacific Estate, Andrew Munoz, DRE #01989243; Keller Williams Pacific Estates Cerritos, Jovani Pina, DRE #01959832

Sold By RITA SHAW BROKER & ASSOCIATES, WILL QUANSTROM, DRE #02014095

Add your commute

Building Information for 1428 North Bordwell Avenue

Stories1Residences-Year Built1958Building Size-Lot Size0.40 AC / 17,600 SF

Payment Calculator

$7,142 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$1,139

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1428 North Bordwell Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $88,500
  • Gross Scheduled Income: $88,500
  • Net Operating Income: $71,880
  • Financing: Cash
Expense Details
  • Operating Expense: $16,620
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 10
  • Tax Tract Number: 67.00
  • Tax Census Tract: 86.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 24
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community, In Kitchen
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,425
  • Unit Type Total Rent: $1,425
  • Unit Type Pro Forma: 1425
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 1428 North Bordwell 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 1428 North Bordwell Avenue

Taxable ValueLand$275,000Additions$825,000Total$1,100,000
Tax Record2023$13,665 ($1,139 / month)
Home Facts
Total Finished SqFt3,800 SqFtAbove Grade Finished SqFt3,800 SqFtLot Size17,600 SqFtStyleMulti-Family Res (5+ Units)Year Built1958CountySAN BERNARDINOAPN0160-261-31-0000

Schools near 1428 North Bordwell 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
Abraham Lincoln 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

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Similar Sold Homes

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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 Keller Williams Pacific Estate, Andrew Munoz, DRE #01989243; Keller Williams Pacific Estates Cerritos, Jovani Pina, DRE #01959832

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.