1253 Agate Overview
- Time on Site:
- 4 days
- Visits:
- 0
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.
1253 Agate Facts & Features
- Type Single Family
- Sq. ft. 2,334
- Price/Sq.ft. $600
- Lot 1.26 Acres
Details
General
Association/HOA
- Association: No
- Common Interest: None
School Information
- School District: Redlands Unified
Building Information
- New Construction: No
- Year Built: 1946
Location/Region
- Country: US
- County Or Parish: San Bernardino
- MLS Area Major: 284 - Mentone
- Postal City: MENTONE
Community/Development
- Community Features: Suburban
Rent/Lease Information
- Land Lease: No
- Lease Considered: No
General Information
- Listing Terms: Submit
- Parcel Number: 0298181200000
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage Spaces: 4.0
- Garage: Yes
Beds/Baths
- Bathrooms Full: 3
- Bathrooms Total: 3
- Bedrooms Total: 5
General Information
- Common Walls: No Common Walls
- Entry Level: 1
- Entry Location: driveway
- Fireplace Features: None
- Fireplace: No
- Interior Features: All Bedrooms Down
- Laundry Features: Inside
- Levels: One
- Living Area: 2334.0
- Living Area Source: Assessor
- Living Area Units: Square Feet
- Main Level Bathrooms: 3
- Main Level Bedrooms: 5
- Stories: 1
- Stories Total: 1
Exterior
Parking Information
- Parking Total: 4.0
Lot Information
- Additional Parcels Description: 0298-181-19-0000
- Additional Parcels: No
- Lot Features: Value In Land
- Lot Size Acres: 1.2636
- Lot Size Area: 55044.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 55044.0
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
Building Exterior/Construction
- Attached Garage: No
- Property Attached: No
- Structure Type: House
General Information
- Number Of Units Total: 2
- Pool Features: None
- Pool Private: No
- Sewer: Septic Type Unknown
1253 Agate Neighborhood
Community
92359 (Mentone) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1253 Agate Monthly Cost
1253 Agate Market Data
Based on the last 30 days in this zip code
1253 Agate History
| Date | Value | Agent |
|---|---|---|
| 6/26/2026Source: CRMLS | June 26, 2026 |
Contact Information: [email protected] - 909-391-1511