1057 N La Cadena Drive
Colton, CA 92324
- – beds
- – baths
- – sqft
- 9,500 sqft lot
- 1930 build
- – on site
More homes
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.
Last checked:
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Last updated Jan 17, 2025
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MLS# CV24108288 —
The Building
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Year Built:1930
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:4327.00
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Building Area Units:Square Feet
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Total Number Of Units:6
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# of Buildings:2
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:6
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# of Separate Water Meters:1
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# of Separate Electric Meters:6
Interior
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Levels:Two
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Entry Location:1
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Laundry:None
Location
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Directions:North of I-10 & West of I-215; Near the Intersection of W Olive St & N La Cadena Dr
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Lot Features:2-5 Units/Acre, Lot 6500-9999
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Lot Size Area:9500.0000
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Lot Size Acres:0.2181
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Lot Size SqFt:9500.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:13
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Tax Census Tract:67.00
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Tax Tract:10
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Tax Lot:3
The Listing
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Special Listing Conditions:Standard
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Parcel Number:0161184100000
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs, Gutters, Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:10.00
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Garage Spaces:4.00
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Uncovered Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/7/24
Aug 7, 2024
|
Sold | CRMLS_CA | $925,000 | -2.6% |
6/28/24
Jun 28, 2024
|
Pending | CRMLS_CA | $950,000 | |
5/29/24
May 29, 2024
|
Listed / Active | CRMLS_CA | $950,000 |