NOT LISTED FOR SALE

1906 Mentone Blvd Unit A & B Mentone, CA 92359

Estimated Value: $424,000 - $542,120

3 Beds
2 Baths
1,557 Sq Ft
$298/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $335,000 $215 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,806/month

10 Days on Market

Highlights

  • 0.41 Acre Lot
  • No HOA
  • Laundry Room
  • Redlands East Valley High School Rated A-
  • Evaporated cooling system
  • Wall Furnace

About This Home

As of July 2023

INVESTMENT OPPORTUNITY! CASH ONLY! DUPLEX RENTAL INCOME PROPERTY AVAILABLE located in Mentone, CA. Total square feet of the two units combined is 1557. Unit 1906-A offers 1 Bedroom, 1 Bathroom. Flooring, paint, dual pane windows and new stove updated recently in Unit A. Unit 1906-B has the potential to be a 2 Bedroom (currently no closet in bedrooms) with 1 Bathroom. Unit B is in need of completion, the seller has cleaned out the space and is ready for someone to finish the project and turn this property into a great rental property. Separate Gas and Electric meters on property. Water and trash are currently together. Duplex sits on a LARGE LOT! Property SOLD AS-IS.

Last Agent to Sell the Property

Jennel Oldendorf

COLDWELL BANKER KIVETT-TEETERS License #01978669 Listed on: 04/17/2023

COLDWELL BANKER KIVETT-TEETERS

Last Buyer's Agent

BRYAN MALAGON - TENORIO

ALL IN REALTY License #01993288

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.41 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,557 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Suburban Location

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 1 / 62
  • Tax Tract Number 8
  • Assessor Parcel Number 0298113010000
  • $396 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,000
  • Operating Expense $1,000
  • Gross Income $31,400
  • Net Operating Income $31,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: CG-SCP
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0298113010000
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 215.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 17640.00
  • Lot Size Acres: 0.4050

Multi Family

  • Gross Income: 31400.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 17640.0000 Square Feet
  • Net Operating Income: 31400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1000.00
  • Rent Control: No
  • Total Expenses: 1000.00

Tax Info

  • Tax Block: 62
  • Tax Census Tract: 86.01
  • Tax Lot: 1
  • Tax Tract Number: 008...
  • TaxOtherAnnualAssessmentAmount: 396.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2023
Sold by
Donald B Otis Jr Special Needs Trust
Bought by
Malagon-Tenorio Bryan
Current Estimated Value
$469,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,250
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 18, 2010
Sold by
Brusati Chrisandra J and Brusati Chrisandra Jean
Bought by
Donald B Otis Jr Special Needs Trust

Purchase Details

Closed on
Nov 16, 2005
Sold by
Otis Shery H J
Bought by
State Of California
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Malagon-Tenorio Bryan $335,000 Ticor Title Company
Donald B Otis Jr Special Needs Trust -- None Available
State Of California -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malagon-Tenorio Bryan $291,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2023 07/17/23 Sold $335,000 -8.2% $215 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $365,000 -- $234 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $4,416 $341,700 $102,000 $239,700
2024 $4,128 $335,000 $100,000 $235,000
2023 $1,495 $109,626 $25,490 $84,136
2022 $1,471 $107,476 $24,990 $82,486
2021 $1,490 $105,369 $24,500 $80,869
2020 $1,465 $104,289 $24,249 $80,040
2019 $1,429 $102,245 $23,774 $78,471
2018 $1,239 $100,240 $23,308 $76,932
2017 $1,229 $98,275 $22,851 $75,424
2016 $1,215 $96,348 $22,403 $73,945
2015 $1,206 $94,900 $22,066 $72,834
2014 $1,179 $93,041 $21,634 $71,407
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV23063895

California Regional Multiple Listing Service (CRMLS)

APN: 0298-113-01