Price
$ 198,990

723 Colton Avenue, Colton, CA 92324  
  • 2 beds
  • 1 baths
  • 810 sqft

723 Colton Avenue, Colton, CA 92324  

AGENTS: SEE THE AGENT NOTES PRIOR TO CALLING!!!Attn: AGENTS!! SELLER IS MOTIVATED!! This is a very strong sound home that is non-conforming because of its C-1 Zoning Status. This "cannot" go FHA,VA, and only certain conventional financing will allow this zoning status. THIS PROPERTY HAS BEEN APPRAISED @$215K for residential use and would probably appraise higher for commercial use. This has 2 small bedrooms and 1 average sized full Bathroom, but a very large backyard. House has been fully rehabbed and only needs new carpeting for the final touch. Interior is insulated very well, so the interior is very quiet and cozy. City of Colton will allow most types of business to occupy and do business from this house as commercial use as long as the service or product has nothing to do with automobiles. This property can still be used as a personal residence as well. Residential use can remain as long as the property is not destroyed more than 50% of its structure. If more than 50% is destroyed due to accidental or act of God, then the property has to be rebuilt as strictly and solely for commercial use. THIS IS WHY THE FINANCING HAS BEEN TOUGH! Seller is offering Private Financing @ 9.99% apr with 35-40% down. Seller's lender will finance the rest, as long as it's used for business or non- owner occupied and purchased for a rental and investment. Any questions regarding this property, PLEASE TEXT!!** SUBMIT ALL OFFERS! SELLER WILL CONSIDER ALL OFFERS

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Listing Type
Single Family
Listing ID
EV16754813
Bedrooms
2
Bathrooms
1
House Size
810
Lot Size
6,251.00 sqft
Listing Status
Active
Year Built
1920
County
San Bernardino
Full Bath
1
Floors
1
Garage
1.0
County School District
Colton Unified
Zoning
C1
TaxID
0161253090000
Listing courtesy of ADRIAN ZDAZINSKY~PREMIER PROPERTIES
Price History
Get price alerts on price change
Date Event Change Price
4/14/2017 Price change $-10 (0%) $198,990
12/16/2016 Price change $-21,000 (-9.5%) $199,000
12/8/2016 Price change $11,000 (5.3%) $220,000
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX HORIZON
    6670 Alessando Blvd Ste H Riverside, CA 92506 | Phone: (951) 684-3000
    RE/MAX HORIZON is licensed in the state of California CalBRE License #: 01922283
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.