560 North 2nd Street
Colton, CA 92324
For Sale
2,400 sqft
Sale Price
$775,000
Brochure
Property Website
Map
Multifamily For Sale - Available October 2026
Colton Fourplex | 23% Rental Upside | Value Add
Four 1-bedroom/1-bathroom units offer immediate rental income with a simple, low-maintenance profile.
$193,750 per unit with a 4.62% current cap rate and a 6.33% pro forma cap rate reflecting 23% rental upside.
Fully equipped kitchens, wood-look vinyl flooring, wall AC and heating, and washer and dryer hook-ups.
Front porches, grassy yards, mature landscaping, and a private garage with a dedicated parking space.
A central Inland Empire hub offering an established, affordable community approximately 55 miles from Downtown Los Angeles.
Positioned near the I-10 and I-215 interchange with the 210 Freeway nearby.
Close to Arrowhead Regional Medical Center, Loma Linda University Medical Center, and California State University, San Bernardino.
Get in touch
Eric Chen
Lic: 01489184
Blake Torgerson
Lic: 01919955
Mikel Dominguez
Lic: 02189109
CBRE, as exclusive advisor, is 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.
Financial Performance & Asset Value
The property delivers immediate income stability at a 4.62% current cap rate, with a 6.33% pro forma cap rate reflecting 23% rental upside. 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.
Strategic Location & Regional Connectivity
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.
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.
Financial Performance & Asset Value
The property delivers immediate income stability at a 4.62% current cap rate, with a 6.33% pro forma cap rate reflecting 23% rental upside. 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.
Strategic Location & Regional Connectivity
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.
Colton is a historic, centrally located Inland Empire city situated in the heart of the San Bernardino Valley at the base of the San Gorgonio Mountains. Long recognized as the “Hub City” of the region, it serves as a crucial residential and logistics connector for the surrounding metro areas. The property is ideally positioned in North Colton along the emerging Valley Boulevard commercial corridor, offering immediate access to the Interstate 10 and Interstate 215 interchange for seamless regional commuting across San Bernardino and Riverside counties.
Colton stands as an essential infrastructure and commercial center, driven by its rich history as a regional transportation crossroad and its modern position as a high-volume logistics and healthcare hub. Home to over 53,000 residents, the city features a diverse economic landscape anchored by a robust industrial base, key medical institutions, and an expanding commercial trade sector. The city’s economic foundation is strongly supported by major institutional employment drivers, most notably the 456-bed Arrowhead Regional Medical Center and the adjacent California University of Science and Medicine.
For an investor, the local market dynamic provides strong demand fundamentals driven by continuous population growth, central regional access, and high tenant retention across residential and commercial assets. The area is anchored by local educational institutions and health science campuses, which generate a reliable consumer base of healthcare workers, medical students, and working families. This stable demographic profile is further strengthened by strategic municipal and commercial initiatives, most notably the 250-acre Hub City Centre master-planned development. By expanding the city’s healthcare, retail, and mixed-use footprint, these catalytic investments solidify Colton as an increasingly vibrant and attractive destination for long-term real estate investment.
Colton offers convenient access to a wide variety of local and regional commercial hubs, recreation areas, and outdoor amenities. Residents and visitors are situated just minutes away from major regional shopping destinations, including the Inland Center Mall and nearby commercial corridors featuring national dining and retail options. Local outdoor spaces are anchored by the historic Fleming Park, Veterans Park, and proximity to the Santa Ana River Trail for recreational biking and walking paths. Additionally, the city’s proximity to downtown San Bernardino, Loma Linda, and Riverside provides a diverse selection of cultural venues, golf courses, and dining hubs within a short commute, while the city’s overall ranking as a “Top Place to Live” supports a vibrant local dining and social scene.
Colton stands as an essential infrastructure and commercial center, driven by its rich history as a regional transportation crossroad and its modern position as a high-volume logistics and healthcare hub. Home to over 53,000 residents, the city features a diverse economic landscape anchored by a robust industrial base, key medical institutions, and an expanding commercial trade sector. The city’s economic foundation is strongly supported by major institutional employment drivers, most notably the 456-bed Arrowhead Regional Medical Center and the adjacent California University of Science and Medicine.
For an investor, the local market dynamic provides strong demand fundamentals driven by continuous population growth, central regional access, and high tenant retention across residential and commercial assets. The area is anchored by local educational institutions and health science campuses, which generate a reliable consumer base of healthcare workers, medical students, and working families. This stable demographic profile is further strengthened by strategic municipal and commercial initiatives, most notably the 250-acre Hub City Centre master-planned development. By expanding the city’s healthcare, retail, and mixed-use footprint, these catalytic investments solidify Colton as an increasingly vibrant and attractive destination for long-term real estate investment.
Colton offers convenient access to a wide variety of local and regional commercial hubs, recreation areas, and outdoor amenities. Residents and visitors are situated just minutes away from major regional shopping destinations, including the Inland Center Mall and nearby commercial corridors featuring national dining and retail options. Local outdoor spaces are anchored by the historic Fleming Park, Veterans Park, and proximity to the Santa Ana River Trail for recreational biking and walking paths. Additionally, the city’s proximity to downtown San Bernardino, Loma Linda, and Riverside provides a diverse selection of cultural venues, golf courses, and dining hubs within a short commute, while the city’s overall ranking as a “Top Place to Live” supports a vibrant local dining and social scene.
Total Space Available
2,400 sqft
Sale Price
$775,000
Get in touch
Eric Chen
Lic: 01489184
Blake Torgerson
Lic: 01919955
Mikel Dominguez
Lic: 02189109