1355 E Olive Street
Colton, CA, 92324
$710,000
MLS: PW26160115
Beds
3
Baths
1
Sq Ft
1,090
Lot
0.17 ac
Year Built
1938
MLS #
PW26160115
Days on Market
8
Listed
Jul 28, 2026
Description
Exceptional Opportunity! Two Homes on One Lot! Beautifully Remodeled Main Home + Fully Permitted Detached ADU! Welcome to this beautifully remodeled property offering the perfect blend of modern living, flexibility, and income potential. The main residence features 3 bedrooms, 1 bathroom, and approximately 1,090 square feet of thoughtfully updated living space with quality craftsmanship and tasteful finishes throughout. The stunning remodeled kitchen features quartz countertops, soft-close cabinetry and drawers, built-in spice racks, a new stainless steel stove, and a built-in microwave. Recent upgrades include a new roof, new HVAC system with all new ductwork, Low-E dual-pane windows, new interior and exterior paint, updated plumbing fixtures, updated lighting, hardwood flooring, and a beautifully remodeled bathroom with a new vanity and custom tile. An indoor laundry room with hookups adds everyday convenience, while bamboo roller shades, curtains, and window coverings are all included, making this home truly move-in read. The spacious family room is centered around a cozy wood-burning fireplace and opens to a covered patio, creating the perfect space for relaxing or entertaining. Adding exceptional value is the fully permitted detached ADU, featuring 1 bedroom, 1 bathroom, a full kitchen, refrigerator, stove, washer and dryer, a movable butcher block island with additional storage, its own separate address (1353 E. Olive St.), separate electrical meter, and a private fenced yard. Whether you're looking to accommodate extended family, create a private guest house, establish a home office, or live in one and rent the other, this versatile property offers endless possibilities. The ADU will be delivered vacant, allowing the new owner the flexibility to occupy or lease it at current market rental rates. Situated on a generous 7,280-square-foot lot, both residences enjoy a covered patio perfect for outdoor gatherings. The patio furniture, along with the charming café table and chairs outside the ADU, are included with the sale, adding to the property's turnkey appeal. Conveniently located within walking distance to Alice Birney Elementary School, this exceptional property combines modern upgrades, flexibility, and investment potential in one unique package. Don't miss this rare opportunity to own two separate residences on one property with endless possibilities.
Location
Colton, San Bernardino County, CA 92324
Open on Google Maps ↗Listed by: Hanh Swantek · First Team Real Estate
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$5,412
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $71,000 · Loan: $639,000
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,106
- Property tax (1.25%)
- $740
- Homeowners insurance
- $300
- Mortgage insurance
- $266
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jul 30, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 6.04%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Colton home with as little as 3.5% down using an FHA loan — roughly $24,850 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Colton, CA 92324 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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