See Home Value
$1,097,317*
Multifamily - Off Market

1342 Agate Avenue

Mentone, CA 92359
bedrooms
Studio
bathrooms
0 Bath
$878,000 - $1,072,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Price just reduced Price cap is 5.77% :The property consists of 6 rental units. Two houses and 4 apartments. The main house is a 4-bedroom, the smaller house is a 2-bedroom; one apartment is a 1-bedroom and three apartments are 2-bedrooms. Pride of ownership, the seller recently remodeled the main home both interior and exterior. Mentone is just on the border of Redlands, allowing for higher rents. The Seller has not kept the rents up to current market for tenant stability but opportunity for increase exists.  Located less than a mile from two Redlands shopping centers, anchored by McDonalds, CVS, Stater Brothers Market, Subway, Jersey Mikes, and Starbucks. Property is located just off State Highway 38 with routes to Big Bear, Forest Falls, Oak Glen and other popular mountain cities. Minutes from Redlands East Valley High School in the prestigous Redlands Unified School District and the Elementary school is just 1 block to the EAST. The University of Redlands is just a 5-minute drive from the property making this a GREAT PROPERTY to purchase in order to house your students and lease out the remainder to others. Property and contingious parcels are all zonned MULTI-RESIDENTIAL with opportunity for Income property development and growth.
Unit Size
-
Days on Market
-
Land Size
0.64 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1964

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jun 20, 2020 In contract -
In contract
May 28, 2020 Relisted $998,900
Relisted
May 22, 2020 No longer available -
No longer available
May 13, 2020 No longer available -
No longer available
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Property Highlights

Air Conditioning
Garage


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
2,296 ft²
$348/ft²
$800,000 Mar 24, 2022
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180416
04/16/2018
Studio
-
-
$1,250,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

1342 Agate Avenue 1342 Agate Avenue, Mentone, CA 92359
More about this Building
1342 Agate Avenue
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About Mentone


Similar Homes for Sale

Unit for sale at 1703 Mentone Boulevard, Mentone, CA 92359

$800,000

  • Commercial
  • 2,296 ft²
1703 Mentone Boulevard, Mentone, CA 92359 Listing by ANGIE TAKEHARA

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