$649,900 $50K PRICE INCREASE
- Land
- 0.59 Acre
- $1,101,525 per Acre
- 0 E Mill St
- Unit IV25278082
- San Bernardino, CA
1253 Agate Ave Mentone, CA 92359
Mentone AreaEstimated payment $7,251/month
Total Views
3,585
5
Beds
3
Baths
2,334
Sq Ft
$557
Price per Sq Ft
Highlights
- 1.26 Acre Lot
- No HOA
- 1-Story Property
- Redlands East Valley High School Rated A-
- Central Heating and Cooling System
About This Home
INVESTOR OPPORTUNITY | 4-PARCEL DEVELOPMENT SITE | 1031 EXCHANGE CANDIDATE. 1253 & 1255 Agate Ave, Mentone CA 92359. Rare income-producing development opportunity in Mentone's supply-constrained submarket. Two fully remodeled SFRs currently leased at $2,750/mo (3bd/2ba) and $2,300/mo (2bd/1ba) — immediate cash flow of $5,050/mo from day one. Site totals 55,044 SF (1.26 acres) including private access corridor. Conceptual plan supports 4 parcels averaging ~11,676 SF each, SFR + ADU per parcel — 8 income-producing units at stabilization. Given site size and depth, a buyer with appropriate development expertise may have the opportunity to achieve 5 or 6 lots. Buyer to verify all development possibilities with San Bernardino County Land Use Services. Projected stabilized gross income: $228,600/yr. NOI: $152,019/yr. Cap rate: 5.38%. New SFRs projected at $3,000/mo each. ADUs projected at $2,000/mo each. Stabilized total: $19,050/mo across all 8 units. All figures illustrative — buyer to verify independently. Zoning: RS | San Bernardino County (unincorporated). 132 ft × 417 ft total. 112 ft × 417 ft buildable. Private access corridor included in sale. May qualify as like-kind replacement property under IRC Section 1031. Consult qualified intermediary and tax advisor. Seller makes no representations regarding tax treatment. Sold as-is. Buyer to verify all zoning and development standards with San Bernardino County prior to close. Conceptual site plan available upon request. Shown by appointment only.
Listing Agent
ALL NATIONS REALTY & INVS Brokerage Phone: 909-908-9474 License #01354211 Listed on: 06/26/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1946
Lot Details
- 1.26 Acre Lot
- 0298-181-19-0000
- Value in Land
Parking
- 4 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,334 Sq Ft Home
- 1-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- 3 Full Bathrooms
Location
- Suburban Location
Utilities
- Central Heating and Cooling System
- Septic Type Unknown
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 12 / 81
- Tax Tract Number 7753
- Assessor Parcel Number 0298181200000
- $193 per year additional tax assessments
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $4,222 | $332,928 | $104,040 | $228,888 |
| 2025 | $4,222 | $326,400 | $102,000 | $224,400 |
| 2024 | $3,947 | $320,000 | $100,000 | $220,000 |
| 2023 | $662 | $40,064 | $5,186 | $34,878 |
| 2022 | $4,145 | $329,782 | $97,904 | $231,878 |
| 2021 | $717 | $43,572 | $4,950 | $38,622 |
| 2020 | $704 | $43,125 | $4,899 | $38,226 |
| 2019 | $1,279 | $42,279 | $4,803 | $37,476 |
| 2018 | $519 | $41,450 | $4,709 | $36,741 |
| 2017 | $515 | $40,638 | $4,617 | $36,021 |
| 2016 | $421 | $39,841 | $4,526 | $35,315 |
| 2015 | $417 | $39,243 | $4,458 | $34,785 |
| 2014 | $403 | $38,475 | $4,371 | $34,104 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/15/2026 07/15/26 | Price Changed | $1,300,000 | -7.1% | $557 / Sq Ft |
| 06/26/2026 06/26/26 | For Sale | $1,400,000 | -- | $600 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $650,000 | Orange Coast Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $282,500 | New Conventional | |
| Closed | $200,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: Public Records
About the Listing Agent
In business since 2001, you can expect great results in buying and selling with "Jerry."
It's his goal to give YOU the individual time and attention that you deserve. You've worked hard to be in the position to buy or sell real estate property so you deserve to have all of your questions answered quickly and thoroughly.
Jerry always has the time to help you - day or night, rain or shine - he will find you the home of your dreams.
Whether you are looking to Buy or Sell,
Jerry's Other Listings
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- $606,831 per Acre
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV26139697
APN: 0298-181-20
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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