Home | San Bernardino County | Mentone | 92359 | 1253 Agate
MLS: CRIV26139697 | Status: Active | Price: $1,300,000
Beds/Baths: 5 / 3
Property Type: Residential
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| 5 | 3 | 2,334 | 1.263 | 1946 |
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 a 1031 Exchange. 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.
| Field | Value |
|---|---|
| MLS # | CRIV26139697 |
| MLS Source | California Regional MLS |
| Days on Site | 19 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom |
| Appliances | Other |
| Fireplace | None |
| Laundry | Other |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 4 Car(s) |
| Elementary District | Redlands Unified |
| High School District | Redlands Unified |
| HOA Fee | $0 |
JERRY AVILA
ALL NATIONS REALTY & INVS
License #: 01354211
Phone: (909) 908-9474
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1452 Moore St | $1,099,990 | 5 | 4/1 | 3,306 | PendingDoNotShow |
| 11051 Walnut St | $1,200,000 | 3 | 3/1 | 2,640 | Contingent |
| 1647 Brittany | $1,300,000 | 5 | 3 | 3,255 | Active |
| 1438 E Highland Ave | $1,089,990 | 4 | 3/1 | 2,484 | Active |
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This listing information is up-to-date as of July 15, 2026. For the most current information, please contact JERRY AVILA, (909) 908-9474.