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1311 E Olive Street

Colton, CA 92324
  • $475,000
  • STATUS: Active Under Contract
  • ON SITE: 44 Days
  • ID#: IG25048396
Under Contract
UPDATED: 225 min ago
$475,000
  • 3
    BEDS
  • 0.22
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,236
    SQFT
  • $384
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1961
County:
Area:

School Ratings & Info

School District:
Listing Agent(s): Debra Hanna of DEBRA HANNA BROKER (909-528-2512)


Description

$75K TOTAL PRICE DROP! Two Structures on One Spacious Lot!This property offers excellent potential with a 3-bedroom, 2-bathroom main house (1236 sqft) PLUS a detached structure that was once a garage and can possibly be permitted as an ADU (Accessory Dwelling Unit)...Another option is the large slab foundation in the back that could be the ADU instead (Much bigger footprint than the garage unit). For either option consult with the City of Colton to determine what is allowed, etc. Whether you're looking to live in one home and rent out the other, or youre an investor seeking to create immediate equity, this is a fantastic opportunity! The main house features a charming porch area, a 2-car garage with built-in storage, 3 spacious bedrooms, and a large living room. The expansive 9500+ sqft lot offers ample space for expansion, gardening, or outdoor activities.Dont miss out on this opportunity to utilize the full potential of this property with the possibility of two income-generating homes.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-19T00:28:39.76. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/161134116
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1311 E Olive Street Colton, CA 92324

  • Price: $475,000
  • Status: Active Under Contract
  • On Site: 44 Days
  • Updated: 225 min ago
  • ID#: IG25048396
3
Beds
2
Baths
0
½ Baths
0.22
Acres
1,236
SQFT
$384
$/SQFT
1961
Built
Neighborhood:
273 - Colton
County:
San Bernardino
Area:
273 - Colton
School District:
Colton Unified
Property Description
$75K TOTAL PRICE DROP! Two Structures on One Spacious Lot!This property offers excellent potential with a 3-bedroom, 2-bathroom main house (1236 sqft) PLUS a detached structure that was once a garage and can possibly be permitted as an ADU (Accessory Dwelling Unit)...Another option is the large slab foundation in the back that could be the ADU instead (Much bigger footprint than the garage unit). For either option consult with the City of Colton to determine what is allowed, etc. Whether you're looking to live in one home and rent out the other, or youre an investor seeking to create immediate equity, this is a fantastic opportunity! The main house features a charming porch area, a 2-car garage with built-in storage, 3 spacious bedrooms, and a large living room. The expansive 9500+ sqft lot offers ample space for expansion, gardening, or outdoor activities.Dont miss out on this opportunity to utilize the full potential of this property with the possibility of two income-generating homes.
Exterior Features

Attached Garage YN Yes Entry Level 1 Entry Location side Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Interior Features All Bedrooms Down Main Level Bathrooms 3 Main Level Bedrooms 3

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSuburban Garage YN Yes Land Lease YN No Laundry Features In Garage Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type House Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-19T00:28:39.76. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Debra Hanna of DEBRA HANNA BROKER (909-528-2512)