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Property profile & analytics
OFF-MARKET
Estimated value
$106,100,000
Apartment buildings
1699 Washington St Colton, CA 92324-6491
Entity Owned
3-yr Hold
Property ID
US10-1546889
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1986
Construction
WOOD FRAME
Total area
308,030 SF
Lot
16.2 ac (705,672 SF)
APN
0164-263-45-0000
UPID
US10-1546889
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
PixelLens Photography Service Party Supply Store
-
Molavanee' Images Photography Service (Bike/Boat/Book/etc) Store
-
Safe House BBQ Restaurant
-
3DRAFTING & DESIGN LLC Architectural Designer
-
Trails at Grand Terrace Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$108.27M
Blend (final)
Blend
$106.10M
Owner & transaction history
Ds Grand Terrace Owner LLC · 3 yrs held
Ds Grand Terrace Owner LLC
since 2022
Last sale
$103.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$169.1M
+157.5%
Restaurant
$144.8M
+120.5%
Office building
$133.9M
+104.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Colton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$109,825,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$65,655,000
Current use
INDUSTRIAL (GENERAL)
$169,060,000
Change: +157% · Conversion: Difficult
RESTAURANT
$144,775,000
Change: +121% · Conversion: Difficult
OFFICE BUILDING
$133,915,000
Change: +104% · Conversion: Moderate
AUTO REPAIR, GARAGE
$93,785,000
Change: +43% · Conversion: Difficult
COMMERCIAL (GENERAL)
$93,405,000
Change: +42% · Conversion: Moderate
MEDICAL BUILDING
$89,120,000
Change: +36% · Conversion: Moderate
WAREHOUSE, STORAGE
$83,900,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$106.10M
Range $95.49M – $116.71M · ±10% · vs last sale $103.15M (Dec 13 2022)
Last sale anchor
$103.15M
Dec 13 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$344 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,276,294
Tax year 2023
Assessed value
$105,213,000
Assessed 2024
Previous assessed
$103,150,000
+2.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$6,477,000
Assessed improvement
$98,736,000
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1986
Construction
WOOD FRAME
Heating
NONE
Units
366
Total area
308,030 SF
Lot
16.2 ac (705,672 SF)
APN
0164-263-45-0000
UPID
US10-1546889
Jurisdiction
SAN BERNARDINO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$65.7M
INDUSTRIAL (GENERAL)
Est. value
$169.1M
RESTAURANT
Est. value
$144.8M
OFFICE BUILDING
Est. value
$133.9M
AUTO REPAIR, GARAGE
Est. value
$93.8M
COMMERCIAL (GENERAL)
Est. value
$93.4M
MEDICAL BUILDING
Est. value
$89.1M
WAREHOUSE, STORAGE
Est. value
$83.9M
APARTMENT HOUSE (5+ UNITS) Current
INDUSTRIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
WOOD FRAME
Heating
NONE
Units
366
Lot
16.2 ac
Current owner
From public records · entity-resolved
Ds Grand Terrace Owner LLC
Entity
Mailing address
1114 AVE OF THE AMERICAS FL #12, NEW YORK, NY 10036-7717
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2022
$103,150,000
Ds Grand Terrace Owner LLC
Tides At Grand Terrace Owner LLC
Grant Deed
$63,994,000 · M&t Realty Capital Corporation
Aug 18, 2021
—
Tides At Grand Terrace Owner LLC
—
Deed
related
—
Jul 31, 2020
—
Tides At Grand Terrace Owner LLC
—
Deed
related
—
Oct 28, 2019
$72,250,000
Tides At Grand Terrace Owner LLC
Bre Paragon Mf Alvista Terrace Ca L
Grant Deed
—
Oct 20, 2015
$48,750,000
Bre Paragon Mf Alvista Terrace Ca L
Meadow Lane Apartments LLC
Grant Deed
$198,000,000 · Bank Of America NA
Nov 15, 2011
—
Meadow Lane Apartments LLC
Bre Properties INC
Grant Deed
$28,400,000 · Cbre Capital Markets INC
Mar 8, 1991
$15,300,000
Homefed Bank
Franklin Wind Ru
Trustees Deed
related
—
Jan 10, 1991
$15,300,000
Homefed Bank
Franklin Wind Ru
Trustees Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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