NOT LISTED FOR SALE

1311 Garnet Ave Mentone, CA 92359

5 Beds
3 Baths
2,568 Sq Ft
0.31 Acres

Last Sold September 01, 2023

Last sale price $800,000 $312 Per Sq Ft

134 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • No HOA
  • Redlands East Valley High School Rated A-
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window

About This Home

As of September 2023

Tri-Plex with two addresses - 6% CAP Rate - 1311 Garnet Street & 2371 Mentone Avenue (Units A & B), Mentone. Located in a lovely area with views of the Crafton Hills and the mountains in the distance. Three fantastic units on one large fully fenced property. Each unit was redone with new windows throughout, wood and tile flooring, new granite in the kitchens, some updates to bathrooms, and walk-in closets. All three units have a private backyard with a covered patio but are also connected to a landscaped community area with fruit trees and planters. Garnet Street is a 2-bedroom, 1 bathroom home with living room with fireplace, dining room with chandelier and large kitchen with breakfast bar. The front Mentone Avenue house (Unit A) is a 2-bedroom, 1 bathroom residence with a large front yard, open space living room, and inside laundry. There is a 1 bedroom, 1 bathroom studio behind (Unit B) with a functional floorplan. This is the perfect opportunity to buy an investment property or a special place for multigeneraltional living. Centrally located to shopping, areas to bike and hike, and the University of Redlands. Ten miles to Loma Linda University.

Last Agent to Sell the Property

Perrie Mundy

BHHS PERRIE MUNDY REALTY GROUP License #00356248 Listed on: 03/13/2023

BHHS PERRIE MUNDY REALTY GROUP

Co-Listed By

Michelle Hardesty

BHHS PERRIE MUNDY REALTY GROUP License #01796974

Last Buyer's Agent

Alberto Sanchez

Century 21 Allstars License #02028262

Century 21 Allstars

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 0.31 Acre Lot
  • Chain Link Fence
  • Landscaped
  • Level Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 2,568 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • RV Access or Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Assessor Parcel Number 0298292190000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Foothills

Recreation

  • Horse Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 2679.00
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 0298292190000
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 311.53
  • Window Features: Insulated Windows

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: RV Access/Parking

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Microwave
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Horse Trails

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street
  • Lot Size Sq Ft: 13500.00
  • Lot Size Acres: 0.3099
  • Latitude Manual: 34.06990100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average1 Bed Area: 1020 Square Feet
  • Average Studio Area: 525 Square Feet
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 3395.00
  • Lot Size Area: 13500.0000 Square Feet
  • Net Operating Income: 55990.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 2
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 1
  • Operating Expense: 11210.00
  • Rent Control: No
  • Total Expenses: 11210.00

Tax Info

  • New Taxes Expense: 2236.00

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $800,000 -11.0% $312 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $899,000 -- $350 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV23018912

California Regional Multiple Listing Service (CRMLS)