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$625,000
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Property Description
We are pleased to present an incredible opportunity to own a fully renovated 2-unit property in Colton-both units will be delivered vacant at the close of escrow! Ideal for investors seeking immediate market rents or owner-users looking to live in one and rent the other.
The property features (1) 3-Bed/1-Bath + Office and (1) 3-Bed/1-Bath unit, both upgraded with new flooring, renovated kitchens, updated bathrooms, and more. Situated on a spacious 7,500 sq. ft. gated lot, the property also features xeriscape landscaping for low-maintenance ownership. The large lot allots plenty of room for ADU(s) in the future (Buyer to verify with city authorities).
Major capital improvements already completed: new roof, copper plumbing, upgraded electrical wiring, new water main line, and perimeter security gate-allowing investors to focus on cash flow, not repairs.
Utilities are separately metered for gas and electricity, further reducing ownership expenses. In unit laundry hookups available. With a projected 6.58% Cap Rate and 10.44 GRM at market rents, this is a rare chance to own a charming duplex with strong potential cash-flow in a high demand rental market.
Full Property Details
Full Property Details for 1046 N La Cadena Dr
General
- Sold For: $625,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: CV25187101
- Added to Site: 150 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Gas & Electric Dryer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Assigned, Driveway
- Parking: Assigned, Driveway
Location
- Area: 273 - Colton
- County: San Bernardino
- Development Name: 273 - Colton
- Driving Directions: South of Olive Street. West of Mt Vernon Avenue
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Floor Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,538
- Year Built: 1900
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.1722
- Lot Size Source: Assessor
- Zoning: M-UN
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $246.26
- Price Per Unit: 312500
Listed by Re/Max 2000 Realty, Kristopher German
Sold by eHomes, Monica Perez-Soriano
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Schools
Schools serving 1046 N La Cadena Dr
School District:Colton Joint Unified School District
| Name | Grades | Distance |
|---|---|---|
Abraham Lincoln Elementary School, Colton, CA 444 East Olive Street, Colton, CA 92324 | K-6 | 0.3 mi |
Colton Middle School 670 West Laurel Street, Colton, CA 92324 | 7-8 | 0.7 mi |
Colton High School 777 West Valley Boulevard, Colton, CA 92324 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1046 N La Cadena Dr
Date
Details
Price
Change
Source
11/05/2025
Sold
$625,000
—
MLS
8/20/2025
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1046 N La Cadena Drive, Colton, CA 92324 (MLS# CV25187101) is a Multi-Family property that was sold at $625,000 on November 05, 2025. Want to learn more about 1046 N La Cadena Drive? Do you have questions about finding other Multi-Family real estate for sale in Colton? You can browse all Colton real estate or contact a Coldwell Banker agent to request more information.

