Listed by Eric Chen•DRE #01489184• CB RICHARD ELLIS
Contact: 626-757-5717
For sale
$775,000
Est. $5,310/mo —
4
bd
•
4 ba
•
2,400
sq ft
560 N 2nd St, Colton, CA 92324
About this home
We are pleased to present 560 N 2nd Street, a low-maintenance Colton quadruplex offering investors stable income and a strong foothold in the heart of the Inland Empire. This well-located asset delivers four 1-bedroom/1-bathroom residences built in 1956, totaling ±2,400 rentable square feet on a ±8,400 square-foot lot, with units averaging ±600 square feet. Mid-century construction meets practical, tenant-ready interiors, each unit featuring a fully equipped kitchen with stove, built-in cabinetry, wood-look vinyl flooring throughout, ceiling fans, and wall air conditioning and heating. Washer and dryer hook-ups give residents the in-unit laundry convenience renters look for, while security screen doors add peace of mind. Private outdoor space sets this property apart from typical multifamily, with front porches, grassy front yards, and fenced-in grassy back yards framed by neat, lush mature landscaping. A private garage with a dedicated parking space and ample street parking complete the offering. A uniform mix of four 1-bedroom/1-bathroom units simplifies management, leasing, and underwriting. Tenants pay electricity and gas, limiting the owner’s exposure to variable utility costs, while the landlord covers water, sewer, and trash. Mature landscaping and grassy yards keep the operating profile low-maintenance and budget-friendly. Colton is a central hub of the Inland Empire, offering residents an established, affordable community with direct access to the 10 and 215 Freeways and the 210 Freeway nearby. The location puts tenants close to major employment centers, including Arrowhead Regional Medical Center, Loma Linda University Medical Center, and the region’s expansive logistics and rail corridor, all of which support steady rental demand. Residents also benefit from nearby higher education at California State University, San Bernardino, and from the Colton Joint Unified School District. Located approximately 55 miles east of Downtown Los Angeles, the property gives renters access to the broader Southern California job market at a fraction of coastal housing costs. Whether you are a first-time investor seeking an attainable entry point or a seasoned investor looking for a stable, low-maintenance asset with a 4.62% current cap rate and minimal capital expenditure requirements, 560 N 2nd Street offers an exceptional foothold in the thriving Inland Empire submarket.
Terrace Historic District, located between La Cadena Drive and Mount Vernon Avenue, is a historic and residential Colton neighborhood with early-20th-century homes and palm-lined streets. The neighborhood’s character concentrates around the Colton Avenue and Mount Vernon Avenue corridor, where small storefronts, civic buildings, and steady street activity set the tone. The Colton Area Museum anchors local history with rotating exhibits and archival displays. Fleming Park adds shaded lawns and courts that shape daily routines. Craftsman bungalows and period revivals sit on deep lots, with front porches and mature trees defining the streetscape. Nearby rail lines and the I-10 edge give the district a distinctly Inland Empire geography.
Provided by Walk Score and Local Logic
Offer insights
560 N 2nd St · $775,000
$794K and above
75% chance or better to win
Why $794K+ is a strong offer
DAYS ON MARKET
2 days
The average home goes pending in 49 days.
SALE-TO-LIST
98.0%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Bedroom
Bedrooms
1 bedroom
Bathrooms
1 bathroom
Laundry & utility
Community laundry
Heating & cooling
Wall heater
Wall/window cooling
Exterior features
2–5 units per acre
Curbs
Sidewalks
Home design
One story
Entry level 1
Attached property
Parking
4-car garage
4 uncovered parking spaces
8 total parking spaces
Utilities
Public sewer
District/public water
1 separate water meter
4 separate gas meters
4 separate electric meters
Financial info
4 units, all leased
Gross scheduled income: $60,408
Gross operating income: $57,388
Gross income: $60,408
Actual rent: $60,408
Operating expenses: $21,611
Pest control expense: $2,400
Maintenance expense: $3,000
Insurance expense: $3,000
Water and sewer expense: $2,064
Other expenses: $800 for reserves
Net operating income: $35,777
Gross multiplier: 12.83
Vacancy allowance: $3,020
Electricity and solar
View estimated energy costs and solar savings for this home
We are pleased to present 560 N 2nd Street, a low-maintenance Colton quadruplex offering investors stable income and a strong foothold in the heart of the Inland Empire. This well-located asset delivers four 1-bedroom/1-bathroom residences built in 1956, totaling ±2,400 rentable square feet on a ±8,400 square-foot lot, with units averaging ±600 square feet. Mid-century construction meets practical, tenant-ready interiors, each unit featuring a fully equipped kitchen with stove, built-in cabinetry, wood-look vinyl flooring throughout, ceiling fans, and wall air conditioning and heating. Washer and dryer hook-ups give residents the in-unit laundry convenience renters look for, while security screen doors add peace of mind. Private outdoor space sets this property apart from typical multifamily, with front porches, grassy front yards, and fenced-in grassy back yards framed by neat, lush mature landscaping. A private garage with a dedicated parking space and ample street parking complete the offering. A uniform mix of four 1-bedroom/1-bathroom units simplifies management, leasing, and underwriting. Tenants pay electricity and gas, limiting the owner’s exposure to variable utility costs, while the landlord covers water, sewer, and trash. Mature landscaping and grassy yards keep the operating profile low-maintenance and budget-friendly. Colton is a central hub of the Inland Empire, offering residents an established, affordable community with direct access to the 10 and 215 Freeways and the 210 Freeway nearby. The location puts tenants close to major employment centers, including Arrowhead Regional Medical Center, Loma Linda University Medical Center, and the region’s expansive logistics and rail corridor, all of which support steady rental demand. Residents also benefit from nearby higher education at California State University, San Bernardino, and from the Colton Joint Unified School District. Located approximately 55 miles east of Downtown Los Angeles, the property gives renters access to the broader Southern California job market at a fraction of coastal housing costs. Whether you are a first-time investor seeking an attainable entry point or a seasoned investor looking for a stable, low-maintenance asset with a 4.62% current cap rate and minimal capital expenditure requirements, 560 N 2nd Street offers an exceptional foothold in the thriving Inland Empire submarket.
TURBOTENANT #1
Sep 19, 2026
Listed for Rent
$1,600
$1/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
San Bernardino County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
R-3
Multiple-Family Residential Zone
The R-3 Multiple-Family Zone is intended to accommodate multi-family housing and specifically housing development of a more intensive form, including condominiums, apartments, stacked flats, and senior housing. Higher densities are intended for specialized housing, such as senior housing at locations where adequate support infrastructure exists. Other uses such as mobile home parks and family day care homes may be permitted consistent with the City's R-3 zone regulations.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Garden center
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
6 days above 102° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
25 unhealthy days expected this year, 31 days in 30 years
Provided by First Street
Historical weather
Colton, CA • 92324
Average low and high temperatures (°F)
69
47
72
50
76
52
75
53
80
57
88
61
93
66
96
67
89
67
84
59
73
52
71
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Colton. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 560 N 2nd St
$774,184
$816 under list price of $775K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $565K to $660K.