LOOKING FOR CASH BUYERS ONLY! Calling all investors who are looking for an opportunity to expand their portfolio and bring this property up to its highest and best use! Currently the property consists of a front house with 2 bedroom, 1 bath and a detached garage. The back house consists of a 1 bedroom, 1 bath home with no garage. The roofs on both homes (not the garage) were replaced in 2024. The lot is HUGE, it's 1.24 acres based on county records and is an L shaped lot. There is so much potential here. The Grand Terrace Planning Department stated that the property is zoned R2 and can accommodate a duplex, tri-plex, four-plex or 9 units per acre or possibly a mobile home park. Buyer to satisfy themself as to what the City of Grand Terrace, the County of San Bernardino, or the appropriate municipality will allow. Do not rely on the information the agent/broker has provided. DO NOT DISTURB THE TENANTS OR GO ON THE PROPERTY WITHOUT LISTING AGENT. Drive by only. Both properties need work and may not qualify for traditional financing.
Sold for $535,000 on 05/30/25
Listing Provided by:
Cheryleigh Aday DRE #00974722 909-641-9886,
HERITAGE REALTY
Bought with: HERITAGE REALTY
$535,000
21900 Grand Terrace Rd, Colton, CA 92313
3beds
2baths
2,009sqft
Mixed Use
Built in 1945
-- sqft lot
$521,900 Zestimate®
$266/sqft
$2,246 Estimated rent
Home value
$521,900
$470,000 - $579,000
$2,246/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 30, 2025 at 05:53pm
Listing Provided by:
Cheryleigh Aday DRE #00974722 909-641-9886,
HERITAGE REALTY
Bought with:
Cheryleigh Aday, DRE #00974722
HERITAGE REALTY
Source: CRMLS,MLS#: CV25054692
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Bedroom
- Features: All Bedrooms Down
Appliances
- Laundry: In Garage, Laundry Room
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,009
- Total interior livable area: 2,009 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 1.24 Acres
- Features: Lot Over 40000 Sqft, Street Level
Details
- Parcel number: 0275223550000
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Materials
- Roof: Composition
Condition
- Additions/Alterations,Fixer
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & neighborhood
Community
- Community features: Rural
Location
- Region: Colton
HOA & financial
Other financial information
- Total actual rent: 37200
Other
Other facts
- Listing terms: Cash to New Loan,Conventional,1031 Exchange
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | $535,000+1.9%$266/sqft |
Source:  CRMLS #CV25054692 | ||
| 5/15/2025 | Contingent | $525,000$261/sqft |
Source: CRMLS #CV25054692 | ||
| 5/10/2025 | Listed for sale | $525,000$261/sqft |
Source: CRMLS #CV25054692 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,835 +4.8% | $294,101 +2% |
| 2024 | $3,661 -2.7% | $288,334 +2% |
| 2023 | $3,762 +4.2% | $282,680 +2% |
Find assessor info on the county website
Neighborhood: 92313
Nearby schools
GreatSchools rating
- 4/10Grand Terrace Elementary SchoolGrades: K-6Distance: 0.4 mi
- 3/10Terrace Hills Middle SchoolGrades: 7-8Distance: 1 mi
- 5/10Grand Terrace High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$521,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$521,900