Commercial > Specialty
Active
02/27/2024
List Price
$4,400,000$211/ft²
1550 Washington St
Colton, CA 92324
- -Bed
- -Bath
- 20,882ft²Living Area
- 1.2acLot Size
- -Pool
- -Car
- 1977Year Built
- 125DOM
- -Permit
1550 Washington St, Colton, CA 92324 is a 20,882 ft² commercial specialty property property built in 1977 on a 1.166 acre lot. This commercial specialty property is currently on the market for $4,400,000, and it was last sold in 2006 for $1,450,000.
MLS Description
The listing agent's description. Original Listing
Discover a rare opportunity to own a distinguished medical office building strategically located at 1550 E Washington St, Colton, CA 92324. Boasting a TRIPHASIC ELECTRIC TRANSFORMER which is necessary for certain medical equipment and a DIGITAL X-RAY machine, this building is well suited for medical use.
Moreover, with an impressive 20,882 square feet of existing building space on a generous lot of 50,768 square feet with ample parking space, this property offers unparalleled potential for both current and future medical practitioners or investors who want to continue its current use or converting it into something else.
Key Features:
1. Strategic Location: Situated in the heart of Colton, CA, this property enjoys proximity to esteemed medical institutions including Loma Linda University and Arrowhead Regional Medical Center, making it an ideal location for medical offices seeking high visibility and accessibility.
2. Expansion Opportunities: With a spacious lot and zoning permissions, the property presents an exceptional opportunity for expansion. The second floor, currently undeveloped, can be built out according the buyer's preference and specifications, allowing for further revenue generation and enhanced services.
3. Existing Infrastructure: Currently utilized as medical offices, as stated, the building features multiple tenant spaces equipped with essential amenities and equipment for healthcare professionals. The building while build in 1977 was extensively renovated in 2000 and also has a newer rooftop HVAC.
4. Transportation Access: Conveniently situated near major freeways including the 215, 10, 60, and 91, the property ensures easy access, facilitating seamless commuting from neighboring communities and beyond.
5. Versatile Usage: While ideally suited for medical offices, the property's adaptable layout and prime location also make it suitable for a variety of uses including general office spaces, specialized clinics, or potential residential conversion, catering to a diverse range of business or investment objectives.
Ideal for:
• Medical Offices
• Specialty Clinics
• Healthcare Services
• Office Spaces
• Potential Residential Conversion with the appropriate governmental approval
• Investment Opportunities
Listing Agents
The listing agent for 1550 Washington St is James Zhou.
JZ
James Zhou
Keller Williams Legacy
License: 01798414
Phone: (949) 734-6581
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$23,502.88From latest Total Assessed Value1.25%Total Assessed Value$1,876,711=Land+
Assessed Value$515,106Additions
Assessed Value$1,361,605
In 2023, taxes billed for 1550 Washington St were $23,502.88, which is 1.25% from latest Total Assessed Value of $1,876,711.
Property History
1550 Washington St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1550 Washington St
Hazard Risks
Earthquake682Carb Mono114Ozone105Particulates104Lead101Nat'l Avg100Air Pollution100Tornado19Hurricane11Weather9Wind3Hail2
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1550 Washington St.
Walkability Index
13 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1550 Washington St has a walkability score of 13 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
41°F
High
65°F
Summer
Average
Low
58°F
High
91°F
In the winter at 1550 Washington St, temperatures range from 40.73°F to 65.19°F with an average of 52.96°F. In the summer, the temperature ranges from 58.26°F to 91.32°F with and average of 74.79°F.
School Information
Public/private schools serving 1550 Washington St
Public Schools
Terrace Hills Middle School
Grades: 7-8
1.39 mi
D
Grand Terrace High School at The Ray Abril Jr. Educational Complex
Grades: 9-12
2.48 mi
D
Cooley Ranch Elementary School
Grades: KG-6
0.65 mi
C-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 1550 Washington St have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in 92324.
Seasonal Housing units 92324
8%of housing is for seasonal rent.
Daytime Population for 92324
-3%of people during work hours.
Boundary map of 92324.
Crime Index for 92324
88
88
The crime index in 92324 is 88, which is 0.9 times lower than national average.
Market Trends
Historical market data near 1550 Washington St over selected time period.
Nearby Properties on Washington St
- 700 E Washington St #Spc 16, Colton, CA 92324 (Colley Ranch) is a 2,160 square foot, 4 bedroom, 3 bathroom, 0.09 acre property. It was built in 1979 and has an estimate of $507,110 with a price per ft² of $235.
- 700 E Washington St #Spc 4, Colton, CA 92324 (Colley Ranch) is a 1,440 square foot, 3 bedroom, 2 bathroom, 0.09 acre property. It was built in 1986 and has an estimate of $338,187 with a price per ft² of $235.
- 1735 E Washington St #Apt A12, Colton, CA 92324 (Amber Tree) is a 870 square foot, 2 bedroom, 2 bathroom, 0.01 acre property. It was built in 1978 and has an estimate of $199,101 with a price per ft² of $229.
- 1735 E Washington St #Apt E11, Colton, CA 92324 (Amber Tree) is a 850 square foot, 2 bedroom, 1 bathroom, 0.01 acre property. It was built in 1978 and has an estimate of $192,603 with a price per ft² of $227.
- 1735 E Washington St #Apt F26, Colton, CA 92324 (Amber Tree) is a 680 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1978 and has an estimate of $176,394 with a price per ft² of $259.
- 1735 E Washington St #Apt G27, Colton, CA 92324 (Amber Tree) is a 870 square foot, 2 bedroom, 2 bathroom, 0.01 acre property. It was built in 1978 and has an estimate of $183,388 with a price per ft² of $211.
- 1735 E Washington St #Apt A25, Colton, CA 92324 (Amber Tree) is a 870 square foot, 2 bedroom, 2 bathroom, 0.01 acre property. It was built in 1978 and has an estimate of $191,024 with a price per ft² of $220.
- 1735 E Washington St #Apt E13, Colton, CA 92324 (Amber Tree) is a 850 square foot, 2 bedroom, 1 bathroom, 0.01 acre property. It was built in 1978 and has an estimate of $192,968 with a price per ft² of $227.
- 1735 E Washington St #Apt F14, Colton, CA 92324 (Amber Tree) is a 680 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1978 and has an estimate of $162,080 with a price per ft² of $238.
- 1735 E Washington St #Apt B14, Colton, CA 92324 (Amber Tree) is a 680 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1978 and has an estimate of $168,148 with a price per ft² of $247.
- 1735 E Washington St #Apt G12, Colton, CA 92324 (Amber Tree) is a 870 square foot, 2 bedroom, 2 bathroom, 0.01 acre property. It was built in 1978 and has an estimate of $189,005 with a price per ft² of $217.
- 1735 E Washington St #Apt F21, Colton, CA 92324 (Amber Tree) is a 680 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1978 and has an estimate of $168,471 with a price per ft² of $248.
- 700 E Washington St #Spc 162, Colton, CA 92324 (Colley Ranch) is a 1,344 square foot, 3 bedroom, 2 bathroom, 0.1 acre property. It was built in 1983 and has an estimate of $364,284 with a price per ft² of $271.
- 700 E Washington St #Spc 234, Colton, CA 92324 (Colley Ranch) is a 1,440 square foot, 3 bedroom, 2 bathroom, 0.09 acre property. It was built in 2004 and has an estimate of $361,499 with a price per ft² of $251.
- 700 E Washington St #Spc 34, Colton, CA 92324 (Colley Ranch) is a 1,152 square foot, 3 bedroom, 2 bathroom, 0.07 acre property. It was built in 1983 and has an estimate of $313,179 with a price per ft² of $272.
- 700 E Washington St #Spc 7, Colton, CA 92324 (Colley Ranch) is a 1,176 square foot, 3 bedroom, 2 bathroom, 0.09 acre property. It was built in 1999 and has an estimate of $315,949 with a price per ft² of $269.
- 700 E Washington St #Spc 179, Colton, CA 92324 (Colley Ranch) is a 1,440 square foot, 3 bedroom, 2 bathroom, 0.09 acre property. It was built in 2004 and has an estimate of $368,273 with a price per ft² of $256.
- 700 E Washington St #Spc 101, Colton, CA 92324 (Colley Ranch) is a 1,344 square foot, 2 bedroom, 2 bathroom, 0.09 acre property. It was built in 1982 and has an estimate of $292,690 with a price per ft² of $218.
- 700 E Washington St #Spc 19, Colton, CA 92324 (Colley Ranch) is a 1,248 square foot, 3 bedroom, 2 bathroom, 0.09 acre property. It was built in 1981 and has an estimate of $315,121 with a price per ft² of $219.
- 700 E Washington St #Spc 231, Colton, CA 92324 (Colley Ranch) is a 1,344 square foot, 3 bedroom, 2 bathroom, 0.09 acre property. It was built in 1983 and has an estimate of $355,191 with a price per ft² of $264.
- 700 E Washington St #Spc 79, Colton, CA 92324 (Colley Ranch) is a 1,288 square foot, 3 bedroom, 2 bathroom, 0.13 acre property. It was built in 2003 and has an estimate of $314,496 with a price per ft² of $244.
- 700 E Washington St #Spc 171, Colton, CA 92324 (Colley Ranch) is a 1,224 square foot, 3 bedroom, 2 bathroom, 0.1 acre property. It was built in 2003 and has an estimate of $352,798 with a price per ft² of $288.
- 1405 E Washington St, Colton, CA 92324 is a 0.75 acre property.
- 700 E Washington St #Spc 78, Colton, CA 92324 (Colley Ranch) is a 1,152 square foot, 2 bedroom, 2 bathroom, 0.13 acre property. It was built in 1981 and has an estimate of $347,815 with a price per ft² of $302.
- 700 E Washington St #Spc 11, Colton, CA 92324 (Colley Ranch) is a 1,152 square foot, 3 bedroom, 2 bathroom, 0.09 acre property. It was built in 1983 and has an estimate of $314,827 with a price per ft² of $273.
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