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Closed
- Listed price
- $1,597,000
- Listed Oct 19, 2014
- Sold price
- $1,540,000
- Sold Dec 29, 2014
66,460 sqft lot|1964 Built|72 MLS days on market
1327 Pennsylvania Ave, Colton, CA 92324
Property Description
What a golden goose! Current CAP 6.22%, Pro Forma 6.97%! Located in an excellent, convenient location in a "bedroom community", the property is in close proximity to Ontario, Fontana, Rialto, Bloomington, Loma Linda, Redlands, San Bernardino, Grand Terrace, Riverside, Moreno Valley, a center serving these cities. Investors will find this complex of three 4-plex buildings are easy to rent, easy to manage, lower cost to maintain and higher return for investment. Three buildings, three seperate parcels. Stable, quality tenants profile. Good mix of the units and large sizes of each unit type, attractive for family renters. Water-saving desert garden with wrought iron fence and gates around the buildings, appealing and practical. Since the purchase over 40 years ago, these three buildings are finally ready to change hands. 100% OCCUPIED with durable lease terms. The properties sold "as it is" in their current condition. Buyer and buyer's agent satisfy themselves for any and all things they want to know. FULLY OCCUPIED! DO NOT DISTURB TENANTS! DO NOT TALK WITH THE TENANTS! TENANTS DO NOT KNOW THE INTENDED SALE TILL IT IS RIGHT TIME! Rare investment opportunity. This deal will not last long!
Listing agent: DORA WATERSDRE #01495616RedlandsRealEstateExchange@verizon.net, Listing office: REDLANDS REAL ESTATE EXCHANGE
MLS data updated 11/4/2026, 5:09:13 PM PT
Source: CRMLSMLS #: EV14224040
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,540,000
Dec 29, 2014
Available records22014
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92324 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92324 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
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MLS records may be incomplete. Earlier asking prices are not sale prices.