Four-Unit Quadplex with Private
New
For Sale
$775,000
560 N 2nd St, Colton, CA 92324
Four matching residences combine individual outdoor areas with kitchens, laundry hookups, and a private garage.
Property Size2,400 SF
Lot Size0.19 Acres
Days on Market3
Property Features for 560 N 2nd St
General Information
Standard status
Active
Size
2,400 SF
Net Rentable
2,400 SF
Total Parking Spaces
1
Lot size
0.19 Acres
Property subtype
Investment
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Additional Details
Cap Rate
4.62%
Amenities
fully equipped kitchen
built-in cabinetry
wood-look vinyl flooring
ceiling fans
wall air conditioning and heating
washer and dryer hook-ups
security screen doors
private outdoor space
front porches
grassy front yards
fenced-in grassy back yards
mature landscaping
Building Details
Building Size
2,400 SF
Year Built
1956
Stories
1
Units
4
Construction
mid-century
Listing Agency:
CB RICHARD ELLIS
Listed By:
Eric Chen · License #01489184
(909) 418-2071
Source:
Elliman
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CB RICHARD ELLIS
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Investment Insights
Based on property information with market context.
This Colton quadplex contains four 1-bedroom/1-bathroom residences built in 1956. The property totals approximately 2,400 rentable square feet on an approximately 8,400-square-foot lot, with units averaging approximately 600 square feet. Each residence has a stove, built-in cabinetry, wood-look vinyl flooring, ceiling fans, wall air conditioning and heating, washer and dryer hookups, and a security screen door. Front porches, grassy front yards, and fenced rear yards provide private outdoor areas. A private garage offers a dedicated parking space, with street parking also available.
Tenants pay electricity and gas; the owner pays water, sewer, and trash. The property is near the 10 and 215 Freeways, with the 210 Freeway also nearby. Regional destinations identified in the surrounding area include Arrowhead Regional Medical Center, Loma Linda University Medical Center, California State University, San Bernardino, and the Inland Empire logistics and rail corridor.
Tenants pay electricity and gas; the owner pays water, sewer, and trash. The property is near the 10 and 215 Freeways, with the 210 Freeway also nearby. Regional destinations identified in the surrounding area include Arrowhead Regional Medical Center, Loma Linda University Medical Center, California State University, San Bernardino, and the Inland Empire logistics and rail corridor.
Key Highlights
- Four 1‑bedroom/1‑bathroom units
- Approximately 2,400 rentable square feet on an approximately 8,400‑square‑foot lot
- Units average approximately 600 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,475
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,500
$489.5K
Cap Rate 7%
$349,643
$349.6K
Cap Rate 9%
$271,944
$271.9K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$37.2K $15.48/SF
− Vacancy
−$2.2K −$0.91/SF
EGI
$35.0K $14.57/SF
− OpEx
−$10.5K −$4.37/SF
NOI
$24.5K $10.20/SF
Area
San Bernardino County, CA
Vacancy
5.89%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,500
Cap Rate 7%
$349,643
Cap Rate 9%
$271,944
Alternative Uses
Best Use
Multifamily LT 5
$349.6K
$305.9K – $407.9K
NOI $24,475 @ 7.0% cap · market cap 3.16%
Second Best
Apartment 5plus
$303.5K
$265.6K – $354.1K
NOI $21,247 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$506.2K
$443.0K – $590.6K
NOI $35,437 @ 7.0% cap · market cap 4.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
627
Businesses Nearby
Explore this area
Business Placement
Demographics for 92324, CA
58,626
Population
19,150
Households
3.1
Avg Household Size
33
Median Age
16%
College-Educated
75%
High-School Grad
27.8 sq mi
ZIP Area
2,109
Density / Sq Mi
$69,419
Median Household Income
$36,956
Median Earnings
$1,600
Median Rent
$413,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four matching residences combine individual outdoor areas with kitchens, laundry hookups, and a private garage.
Where is this quadplex located?
The property is located at 560 N 2nd St Colton, CA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Four 1‑bedroom/1‑bathroom units; Approximately 2,400 rentable square feet on an approximately 8,400‑square‑foot lot; Units average approximately 600 square feet
