We are pleased to present the opportunity to acquire individually or as a portfolio, five oversized 1BR / 1BA condominiums within the gated Amber Tree Condominium Community in Colton. The offering provides an owner user to live in or investor with the opportunity to acquire multiple units within a single… Read More established community while retaining the flexibility of individual condominium ownership. Each unit offers approximately 680 square feet of living space with a spacious floor plans with generous sized bedrooms, central air conditioning and heating, and assigned parking. Community amenities include a swimming pool, spa and on-site laundry facilities, with HOA dues that covers: water, sewer, gas, trash, upkeep and maintenance of pool & landscape of common areas. The individual condominium ownership structure provides greater flexibility for future exit strategies, including the ability to sell units individually rather than as a portfolio. This further enhances the overall appeal of the asset. The property benefits from convenient access to I-10 and I-215, Loma Linda University Medical Center, Loma Linda University Children’s Hospital, the VA Medical Center, and a broad range of shopping, dining, and major Inland Empire employment centers. Its strategic location near key healthcare, education, and employment drivers supports consistent rental demand from students, medical professionals, and the broader regional workforce. Read Less
Property listed by TNG REAL ESTATE CONSULTANTS, Sean Hwangbo 310-259-7556
Listing Snapshot
Days Online
9
Last Updated
Property Type
Condominium
Lot Size
0.2 Acres
Year Built
1978
MLS Number
CV26199576
Additional Details
Building
Built in 1978, 2 buildings, 1 storey, Levels: One, Two, Entry level: 1, Entry location: Main
Community
StreetLights, Suburban, Pool
Cooling
CentralAir
Expenses
Insurance: $3,500, Operating: $38,742
Fireplaces
None
Heating
Central
Home Owner's Association
Association Fee: $1,815, Fee Frequency: Monthly, Fee Includes: Sewer, Amenities: ControlledAccess, Gas, MaintenanceGrounds, HotWater, Management, MaintenanceFrontYard, Pool, PetsAllowed, SpaHotTub, Trash, Water
Income
Gross Income: $74,340, Gross ScheduledIncome: $74,340, Net Operating Income: $35,598
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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