1290 1292 Fairview AVE, Colton, CA 92324
1290 1292 Fairview AVE, Colton, CA 92324
1290 1292 Fairview AVE, Colton, CA 92324
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$595,000
Est. payment /mo
6,181 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP26195996

HOA Y/N No

Year Built 1958

Lot Size 6,181 Sqft

Property Sub-Type Duplex

Property Description

A rare opportunity: a fully vacant duplex with plans already in place for two brand-new ADUs - offered on its own, with an identical neighboring parcel available separately. 1290-1292 Fairview Ave is a single-story duplex on its own legal parcel, delivered 100% vacant. Each of the two units offers a comfortable 1 bedroom, 1 bathroom layout with a full kitchen, inside laundry, a dedicated carport and private storage, and each is separately metered. With no tenants in place, the next owner can begin improvements immediately and establish market rents without waiting on a lease or a relocation. The groundwork for the expansion is already complete. Plans have been drawn and engineered for two brand-new detached accessory dwelling units on this parcel, each with two bedrooms, all-electric systems, fire sprinklers and solar. More than a year of city planning is behind them - approvals secured, addresses assigned, utility clearances issued, and the plans now in final building review. The buyer inherits the progress rather than starting from scratch. At completion, this parcel supports 4 total units (2) 1bd 1ba & (2) 2bd 1ba. The adjacent parcel, 1284-1286 Fairview, is an identical vacant duplex with its own set of ADU plans and is offered separately. Vacant income property with the planning work already done rarely comes to market! Buyer to verify all information, permits, fees and feasibility.

Location

State CA

County San Bernardino

Area 273 - Colton

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Inside

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 0164041140000

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Gabriel Gonzales La Placa Properties 9498122592, DRE #02103278

NEARBY SCHOOL & BUSINESS

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