Offered at: $49,000
1408 E Olive Street, Colton 92324
Lender owned, last sold for 59K in 2006. OWC 1st T.D. w/$5000 down @ 5% interest for 5 years. Seller will subordinate to construction loan if buyer has security for the subordination. These are amazing terms and a blowout price for a perfect 10,808 sf. lot. Ultra quiet and serene location adjacent to the California Aqueduct, with nice pastoral/mountain view out the back. 72 X 150, flat in front, mild upslope in rear. Utilities in street, should be very easy to build. Corner of Olive and Hillcrest, directly across from SFR @ 1409 E. Olive. Medium Zestimate 288K. 2-4 blocks to Urbita Elementary, library and S.B. Valley College, 4 minutes to 215 and 10 freeways.