385 W F Street, Colton, California 92324, Colton, 92324 - 3 bed, 2 bath

385 W F Street, Colton, California 92324 home-pic-0
ACTIVE$1,099,000
385 W F Street, Colton, California 92324
3Beds
2Baths
3,578Sqft
9,375Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Mixed-Use Live/Work Opportunity: This property uniquely combines a fully equipped auto repair workshop with a spacious 3-bedroom, 2-bathroom residence, offering an ideal live/work setup for entrepreneurs.
Top Cons:
Age of Property & Potential Maintenance: Built in 1910, the property may require significant updates to its systems and structure, potentially leading to higher maintenance costs.

Compared to the nearby listings

Price:$1.10M vs avg $514.0K (+$585,000)98%
Size:3,578 sqft vs avg 1,345 sqft97%
Price/sqft:$307 vs avg $36222%

More Insights

Built in 1910 (115 years old).
Condition: Built in 1910, this property shows significant signs of age and outdated features throughout the visible commercial and loft spaces. The shag carpeting, wood paneling, drop ceilings, and older fixtures suggest renovations, if any, were done 30-50+ years ago. While images of the residential kitchen and bathrooms are not provided, the overall condition of the property indicates a need for substantial repairs and rehabilitation, particularly for major systems (electrical, plumbing, HVAC) to meet modern standards. The property analysis also notes its age and potential for high maintenance costs.
Year Built
1910
Close
-
List price
$1.1M
Original List price
$1.4M
Price/Sqft
$307
HOA
-
Days on market
-
Sold On
-
MLS number
CV24230048
Home ConditionPoor
Features
View-

About this home

Here’s your chance to own a thriving business and residence in one! This prime corner lot property combines a fully equipped auto repair workshop with a comfortable, spacious home, offering both residential charm and commercial potential. The business boasts a well-designed downstairs reception area that opens directly into a large garage—perfect for running a successful auto repair operation. The garage includes a restroom for clients and employees, ensuring convenience and practicality. Above the business area, an upstairs loft with a chimney and restroom creates a cozy, independent space, ideal for a lounge or additional office area. Adjacent to the workshop, the 3-bedroom, 2-bathroom home provides a welcoming and private retreat. Spread over 3,572 square feet, the home’s gated front yard showcases a lush landscape with trees and grass, while the backyard offers a more intimate space with a wooden fence for added privacy. This property’s corner location not only boosts business visibility but also enhances the home’s appeal, making it a rare opportunity to seamlessly blend work and life in one exceptional property. THIS PROPERTY IS BEING SOLD ALONG SIDE BUSINESS OPPORTUNITY (CV24229136). THE SELLER IS SELLING THE AUTO REPAIR BUSINESS WITH EVERYTHING INCLUDED BESIDES PERSONAL TOOLS.

Condition Rating
Poor

Built in 1910, this property shows significant signs of age and outdated features throughout the visible commercial and loft spaces. The shag carpeting, wood paneling, drop ceilings, and older fixtures suggest renovations, if any, were done 30-50+ years ago. While images of the residential kitchen and bathrooms are not provided, the overall condition of the property indicates a need for substantial repairs and rehabilitation, particularly for major systems (electrical, plumbing, HVAC) to meet modern standards. The property analysis also notes its age and potential for high maintenance costs.
Pros & Cons

Pros

Mixed-Use Live/Work Opportunity: This property uniquely combines a fully equipped auto repair workshop with a spacious 3-bedroom, 2-bathroom residence, offering an ideal live/work setup for entrepreneurs.
Turnkey Business Potential: The auto repair business is being sold with all equipment (excluding personal tools), providing a ready-to-operate venture for a new owner.
Prime Corner Lot & Commercial Visibility: Its corner location significantly enhances business visibility and accessibility, while also contributing to the overall appeal of the property.
Spacious Property Footprint: With 3,572 square feet, the property offers ample space for both the commercial operation and a comfortable residential living area.
Private Outdoor Spaces: The home features a gated front yard with lush landscaping and a private, fenced backyard, offering desirable outdoor amenities.

Cons

Age of Property & Potential Maintenance: Built in 1910, the property may require significant updates to its systems and structure, potentially leading to higher maintenance costs.
Significant Price Reduction & Market Time: A substantial price drop from $1.4M to $1.099M and being on the market for approximately a year suggests initial overpricing or challenges in attracting buyers.
Niche Buyer Pool: The specific nature of the auto repair business may limit the pool of potential buyers to those interested in this particular commercial venture.

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