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Closed
- Listed price
- $849,900
- Listed Apr 30, 2014
- Sold price
- $799,000
- Sold Oct 31, 2014
18,600 sqft lot|1939 Built|187 MLS days on market
481 N 9th St, Colton, CA 92324
Property Description
Two properties for the price of one!!! Amazing Investment Opportunity on this Beautiful Garden Style Apartment Complex. It has an large Court Yard and sits on an extra large corner lot, Five Buildings total. Four single story homes in the front with a 2 story apartment building in the back. These units have great curb appeal with well maintained landscaping. All units have a one car garage. Some units have been freshly painted and remodeled with new tile, laminated & wood floors, remodeled kitchen & baths as well. Nine Units Total! Each one bedroom unit is an extra large unit with approx 650 SF. Extra income with Laundry facilities on site. It's currently being serviced by an outside Co. Great investment with a Current Cap Rate of 8% and Potential Cap Rate 14.21%. Total rental income: $6785/mo. (All Below Market Value at this time) Proforma Income $11,160/mo. Lots of parking. Extra lot holds 3600 sq ft with 5 garages & storage units. 11 garages total. ADDITIONAL LOT INCLUDED IN SALE, located at 441 N. 9th St/APN #016210107. Total Sq Ft for both lots 6,932. Lot Sq Footage for both 18,600. New rental development across the Street.. Great desirable Rental Area! These units remain FULLY OCCUPIED!
Listing agent: Irene OlsenDRE #01938608olsen.irene@gmail.com, Listing office: Keller Williams Realty Irvine
MLS data updated 10/31/2026, 8:09:51 AM PT
Source: CRMLSMLS #: OC14099023
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$799,000
Oct 31, 2014
Available records32014
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92324 · Oct 2026
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