472 E E, Colton, California 92324, Colton, 92324 - 4 bed, 2 bath
ACTIVE UNDER CONTRACT$1,100,000
472 E E, Colton, California 92324
4Beds
2Baths
1,850Sqft
51,150Lot
Year Built
1905
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$595
HOA
-
Days on market
-
Sold On
-
MLS number
TR25265899
Home ConditionTear down
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
We found 3 Cons,5 Pros. Rank: price - $1.10M(50th), sqft - 1850(50th), beds - 4(50th), baths - 2(50th).
Fantastic opportunity to build multiple properties, from single family homes to possible condo units on this large lot located in Colton. currently has 2 seperate homes, each with 2 bedrooms and 1 bath. Each home is gated seperately with its own yard. Parcel is zoned for commercial/mixed use. Located across the street from a park and surround by multiple business . Located near shopping, markets, and freeway access. A blank slate for something great! A little TLC can go along way!
Price History
Date
Event
Price
11/24/25
Listing
$1,100,000
Condition Rating
Tear down
Built in 1905, this property is 119 years old. The listing description explicitly states that the existing structures are 'very old and likely require substantial renovation or demolition,' and that the property offers a 'fantastic opportunity to build multiple properties' on the large lot, implying the value is in the land for redevelopment. The exterior images show a severely neglected and dilapidated condition, with visible wear, unkempt surroundings, and outdated features. There is no indication of major renovations in the past 50 years. The existing homes are beyond repair for modern living standards and are considered candidates for demolition.
Pros & Cons
Pros
Exceptional Development Potential: The large 51,150 sqft lot offers a fantastic opportunity to build multiple properties, from single-family homes to condo units, maximizing land use and investment return.
Flexible Mixed-Use Zoning: Zoned for commercial/mixed-use, the parcel provides significant flexibility for diverse development projects, catering to various market demands.
Strategic Location & Accessibility: Located across from a park, surrounded by businesses, and near shopping, markets, and freeway access, ensuring high visibility and convenience for future residents or tenants.
Existing Dual Income-Generating Structures: Currently features two separate 2-bed, 1-bath homes, each with its own gated yard, providing immediate rental income or temporary housing during development planning.
Mountain Views: The property boasts desirable mountain views, which can enhance the appeal and value of any future development.
Cons
Age and Condition of Existing Structures: Built in 1905, the current homes are very old and likely require substantial renovation or demolition, adding significant upfront costs to any redevelopment project.
Significant Redevelopment Investment Required: While offering great potential, realizing the vision of multiple properties will necessitate substantial capital outlay for planning, permits, demolition, and new construction.
Potential for Regulatory Hurdles: Given the age of the existing structures and the scope of potential development, there may be complex regulatory, permitting, or environmental review processes to navigate.