2981 South La Cadena Drive

Colton, CA 92324

$1,150,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

An incredible opportunity to own a C-2 General Commercial zoned property on a premium freeway frontage location. Great Investment or Business Opportunity! (Price is based on land value) This property offers a 1.755-acre lot, an opportunity to live and/ or operate your own business in a separate building and earn additional rental income. This property is strategically situated near the freeway entrance, next to four proposed new development projects (Two multifamily projects that consist of approx....An incredible opportunity to own a C-2 General Commercial zoned property on a premium freeway frontage location. Great Investment or Business Opportunity! (Price is based on land value) This property offers a 1.755-acre lot, an opportunity to live and/ or operate your own business in a separate building and earn additional rental income. This property is strategically situated near the freeway entrance, next to four proposed new development projects (Two multifamily projects that consist of approx. 130 total units, a Gas Station, shopping center next to the freeway entrance). Minutes away from the 60, 91, 10 freeways. It is comprised of three buildings: Bar, SFR, Duplex, and an open area of land in the back. All tenants are month to month. The property will be SOLD AS-IS and with tenants.
  1. Listed by Jose Lemus • DRE #01322658 • Brokerage DRE #02125616 • Salem Realty Group, Inc.
  2. Listed by Ozzy Acosta • DRE #02103646 • Brokerage DRE #02125616 • Salem Realty Group, Inc.

Property Details for 2981 South La Cadena Drive

Lot Size Source
Assessor
Building Area Total
3238
Building Area Units
Square Feet
Stories Total
1
Parcel Number
1167021170000
Area
Colton (273)
Directions
Freeway Frontage Property
LISTING UPDATED: 04/01/2022 01:47 AM

Property Details for 2981 South La Cadena Drive

StatusClosed
MLS #OC21023886
Days on Market346
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1947
Lot Size1.76 AC / 76,467 SF
CountySan Bernardino County

Building Information for 2981 South La Cadena Drive

Stories1Residences-Year Built1947Lot Size1.76 AC / 76,467 SF

Property Information for 2981 South La Cadena Drive

Income / Expense / Tax Details
Income Details
  • Current Financing: None
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Lot Over 40000 Sqft, Near Public Transit
  • Current Use Comments: Retail/SFR/Duplex/Yard
  • Land Use: Other
  • Lease Considered: No
  • Land Lease: No
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit Information
  • Number Of Units Leased: 3
  • Number Of Buildings: 3

Property History for 2981 South La Cadena Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2981 South La Cadena Drive

Taxable ValueLand$1,146,735Additions$70,380Total$1,217,115
Tax Record2024$15,199 ($1,267 / month)
Home Facts
Total Finished SqFt900 SqFtAbove Grade Finished SqFt900 SqFtStories1Lot Size76,467 SqFtStyleRestaurantYear Built1947CountySAN BERNARDINOAPN1167-021-17-0000

Schools near 2981 South La Cadena Drive

This home is within Colton Joint Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Grand Terrace Elementary School
PublicK to 6

Terrace Hills Middle School
Public7 to 8

Grand Terrace High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Salem Realty Group, Inc., Jose Lemus, DRE #01322658; Salem Realty Group, Inc., Ozzy Acosta, DRE #02103646

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.