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1057 N La Cadena Drive, Colton, CA 92324
$950,000Just Listed
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- Multi-Family
- Updated 18 hours ago
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1057 N La Cadena Drive, Colton, CA 92324View this property at 1057 N La Cadena Drive, Colton, CA 92324
1057 N La Cadena DriveColtonCA92324
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Property Description
1057 N. La Cadena is a unique multi-family investment property, situated on a desirable corner lot, boasting a total of six spacious units spread across two buildings. The property includes four oversized 1-bedroom/1-bath units and two additional 1-bedroom/1-bath units, offering a versatile and attractive living arrangement for tenants. The four oversized units have the potential to be utilized as two bedroom units given the additional square footage. Each unit is individually metered for gas and electricity, ensuring efficient and fair utility management. The property features ample onsite parking, including six open-space and four garage spaces, catering to the needs of all residents. The onsite garages may serve as an opportunity to convert to ADU(s) (buyer to verify with city.) The stunning Spanish-style architecture adds a unique charm, while the second-floor units benefit from private balconies, providing a personal outdoor space for relaxation. With a remarkable 60% upside in rental income, this property represents a true value-add opportunity for savvy investors looking to maximize their returns.
Full Property Details
Full Property Detailsfor 1057 N La Cadena Dr
General
- Price: $950,000
- Status: Active
- Type: Multi-Family
- MLS ID: CV24108288
- Updated: 5/29/2024
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: 273 - Colton
- County: San Bernardino
- Development Name: 273 - Colton
- Driving Directions: North of I-10 & West of I-215; Near the Intersection of W Olive St & N La Cadena Dr
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 6
- # Electric Meters: 6
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,327
- Year Built: 1930
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.2181
- Lot Size (Sq. Ft.): 9,500
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre, Lot 6500-9999
Financial Considerations
- Price Per Sq. Ft.: $219.55
- Price Per Unit: 158333
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Quickly Find Out More
Listed by Re/Max 2000 Realty, Kristopher German
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Listing agent
— 1057 N La Cadena Dr —
Kristopher German
Re/Max 2000 Realty
909-645-0443
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NMLS#: 1598647
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Schools
Schoolsserving 1057 N La Cadena Dr
School District:Colton Joint Unified School District
| Rating | Name | Grades | Distance |
|---|---|---|---|
550 W Olive St, Colton, CA 92324 | K-6 | 0.4 mi | |
670 W Laurel St, Colton, CA 92324 | 7-8 | 0.6 mi | |
777 W Valley Blvd, Colton, CA 92324 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided byGreatSchools. Ratings are on a scale of 1-10.Learn more about GreatSchools ratings.School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales Historyfor 1057 N La Cadena DrGet Price Alerts and Save Property
Date
Details
Price
Change
Source
5/29/2024
Listed
$950,000
80.95%
MLS
10/12/2006
Sold
$525,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax Historyfor 1057 N La Cadena Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,610
1%
$369,430
2%
2022
$4,544
-2%
$362,186
2%
2021
$4,637
—
$355,085
1%
2020
$4,658
3%
$351,444
2%
2019
$4,531
2%
$344,553
2%
2018
$4,459
4%
$337,797
2%
2017
$4,303
-2%
$331,173
2%
2016
$4,411
3%
$324,679
2%
2015
$4,272
4%
$319,802
2%
2014
$4,124
-1%
$313,537
—
2013
$4,181
—
$312,120
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Costfor 1057 N La Cadena Dr
Listed by Re/Max 2000 Realty, Kristopher German
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- Single Family
- Active
- Updated 12 hours ago
2
Beds
2
Total Baths
1,140
Sq. Ft.
Save
- Single Family
- Active
- Updated 18 hours ago
4
Beds
2
Total Baths
1,621
Sq. Ft.
Save
- Single Family
- Active
- Updated 4 days ago
3
Beds
2
Total Baths
1,337
Sq. Ft.
Save
- Lots/Land
- Active
- Updated 1 day ago
0.2927
Acres
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Price Reducednear 1057 N La Cadena Dr
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- Single Family
- Active
- Updated 6 days ago
5
Beds
3
Total Baths
2,331
Sq. Ft.
Save
- Single Family
- Active
- Updated 16 hours ago
3
Beds
2
Total Baths
1,170
Sq. Ft.
Save
- Single Family
- Active
- Updated 2 days ago
3
Beds
1
Total Bath
1,292
Sq. Ft.
Save
- Single Family
- Active
- Updated 13 hours ago
4
Beds
3
Total Baths
2,400
Sq. Ft.
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Save
- Multi-Family
- Closed
Save
- Single Family
- Closed
8
Beds
4
Total Baths
3,080
Sq. Ft.
Save
- Single Family
- Closed
5
Beds
3
Total Baths
3,106
Sq. Ft.
Save
- Multi-Family
- Closed
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1057 N La Cadena Drive, Colton, CA 92324 (MLS# CV24108288) is aMulti-Family property with 6 units containing 0 bedrooms and 0 full bathrooms.1057 N La Cadena Drive is currently listed for $950,000 and was received on May 29, 2024.Want to learn more about 1057 N La Cadena Drive?Do you have questions about finding otherMulti-Familyreal estate for salein Colton?You can browse all Colton real estate orcontact a Coldwell Banker agent to request more information.
Tour this property
Based on information from California Regional Multiple Listing Service, Inc. as of 5/30/2024 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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