1253 Agate, Mentone, CA 92359

Mentone
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1253 Agate,Mentone, CA 92359
$1,400,000
  • 5 Beds
  • 3 Baths
  • 1,156 sq. ft.
  • Single family
  • Active
Listed by: jerry avila
Office: all nations realty & invs909-391-1511
MLS#:IV26139697
Source:CRMLS

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$1,211.07

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 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: $221,400/yr. NOI: $147,231/yr. Cap rate: 5.04%. Zoning: RS | San Bernardino County (unincorporated). 132 ft × 417 ft total. 112 ft × 417 ft buildable. May qualify as like-kind replacement property for...

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Home facts

  • Year built:1946
  • Listing ID #:IV26139697
  • Added:1 day(s) ago
  • Updated:June 27, 2026 at 04:36 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Bedroom Description:All Bedrooms Down
  • Living area:1,156 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace
  • Central air:Yes

Structure and exterior

  • Year built:1946
  • Building area:1,156 sq. ft.
  • Lot area:1.26 Acres
  • Lot Features:Value In Land
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Septic Type Unknown

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$1,211.07

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:4
  • Garage:Yes
  • Garage spaces:4
Based on information from California Regional Multiple Listing Service, Inc. as of June 27, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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