$1,300,000
$100K PRICE DROP

1253 Agate Ave Mentone, CA 92359

Mentone Area

Estimated payment $7,490/month

Total Views 11,835
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

Jerry Avila

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
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 12 / 81
  • Tax Tract Number 7753
  • Assessor Parcel Number 0298181200000
  • $193 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

1.26 Acres

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0298181200000
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2334.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 556.98
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 0298-181-19-0000
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 55044.00
  • Lot Size Acres: 1.2636

Multi Family

  • Lease Considered: No
  • Lot Size Area: 55044.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 81
  • Tax Lot: 12
  • Tax Tract Number: 7753
  • TaxOtherAnnualAssessmentAmount: 193.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Jerry Avila

ALL NATIONS REALTY & INVS

(877) 759-1948

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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,

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV26139697

California Regional Multiple Listing Service (CRMLS)

APN: 0298-181-20

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