659 S 7th St Colton, CA 92324
Property details
About 659 S 7th St
Excellent investment opportunity in the city of Colton. This legal two-unit property features two separate 2 bedroom, 1 bathroom units, each with its own gas, water, and electric meter. Live in one unit and rent out the other, or rent out both for steady cash flow. One unit is currently leased to a long-time tenant at $1,850 per month, and the second unit is rented at $700 per month. The property generates a gross scheduled income of $25,500 per year, with low annual operating expenses of just $4,200. Net operating income is approximately $21,300 annually. Both homes have new roofs, and while the interiors could use some cosmetic upgrades and general TLC, the property offers strong value-add potential. Situated on a 6,664 square foot lot, the property includes driveway parking and a storage shed. No rent control. Eligible for FHA, Conventional, and VA financing. Do not disturb occupants. Drive by only. Ideal for investors or owner-occupants looking for a multi-unit property with income, equity potential, and long-term upside.
Highlights
Summary
- Full Bathrooms: 2
- Fireplace: None
- Total Bedroom Count: 4
- Private Pool: No
- Parking: Driveway
- View: City Lights, Neighborhood
- Heating: Wall Furnace
- Cooling: None
- List Price: $575,000
- Price/SqFt: $398
- HOA Amount: $0
- Annual Tax Amount: $2,354
- Tax Year: 2024
- Lot: Corner Lot
- Directions: Cross: Maple
- Year Built: 1925
- Stories: 1
- Living Area: 1,444 SqFt
- Lot Size: 0.153 Acres
- MLS Number: OC25158157
- MLS Name: CRMLS
- Office Name: Real Broker
- Office Phone: (760) 686-3725
- Listing Agent: Andrew Poland Villagomez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 3:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 14, 2016 | Home Sold | $165,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $191,498 | $2,354 |
| 2023 | $187,743 | $2,354 |
| 2022 | $184,061 | $2,321 |
| 2021 | $180,452 | $2,368 |
| 2020 | $178,601 | $2,315 |
| 2019 | $175,099 | $2,278 |
| 2018 | $171,666 | $2,199 |
| 2017 | $168,300 | $2,205 |
History based on county public records data.
Nearby schools
5
Woodrow Wilson Elementary School
Public District KG-6
0.1 mi
•750 S 8th St
5
Ulysses S. Grant Elementary School
Public District KG-6
1.3 mi
•550 W Olive St
3
Abraham Lincoln Elementary School
Public District KG-6
1.4 mi
•444 E Olive St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,611. Residents of Colton, CA typically earn less than $<35k each year. The most common type of family is single, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing
Basketball
Where do the neighbors shop?
Burlington
Big Lots
Ross Dress For Less
Where do the neighbors go to eat?
Popeyes
Golden Corral
Jasons Deli
What do the neighbors drive?
Dodge
Kia
Acura
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Rhythmic Contemporary Hits
Frequently asked questions
About 659 S 7th St
The listing price of 659 S 7th St property is $575,000.
The property 659 S 7th St is a multi located in Colton, California, 92324.
Active Listing: 659 S 7th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 659 S 7th St are: Woodrow Wilson Elementary School (GreatSchools Rating 5/10), Ulysses S. Grant Elementary School (GreatSchools Rating 5/10), Abraham Lincoln Elementary School (GreatSchools Rating 3/10), Colton Middle School (GreatSchools Rating 2/10), Terrace Hills Middle School (GreatSchools Rating 3/10), Jehue Middle School (GreatSchools Rating 5/10), Colton High School (GreatSchools Rating 4/10), Mojave River Academy - National Trails (GreatSchools Rating 3/10), Washington High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $2,354 (source: MLS/based on county public records data).
The last sale was on April 14, 2016 for $165,000 (source: MLS/tax record).
The property 659 S 7th St is 1,444 SqFt (source: MLS/tax record).
The year of construction for 659 S 7th St is 1925.
This home is located at 659 S 7th St in Colton, CA and zip code 92324. This 1,444 square foot home, which was built in 1925, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $575,000.
In June 2025, from all listings sold in Colton, CA there were more than 8 sold above asking price, over 2 sold below and more than 4 were sold right at the asked price. The number of homes for sale in Colton, CA increased by 18.4% between May and June 2025. While the average time on the market in June 2025 was 46 days, the median list price was $520,000.