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1253 Agate

Mentone, CA 92359
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Bed 5

Bed

Bath 3

Bath

SqFt2,334

Sqft

SqFt55,044

Sqft(Lot)

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 of $5,050/mo 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 i ncome: $228,600/yr. NOI: $152,019/yr. Cap rate: 5.38%. New SFRs projected at $3,000/mo each. ADUs projected at $2,000/mo each. Stabilized total: $19,050/mo across all 8 units. All figures illustrative — buyer to verify independently. Zoning: RS | San Bernardino County (unincorporated). 132 ft × 417 ft total. 112 ft × 417 ft buildable. Private access corridor included in sale. May qualify as like-kind replacement property under IRC Section 1031. Consult qualified intermediary and tax advisor. Seller makes no representations regarding tax treatment. 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.

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Detail Ic Property Details

Property Type : Residential

Price : $1,200,000

AD Id : 86506176

MLS Id : IV26139697

Beds : 5

Lot Size : 55,044 Sq. Ft

Living Area Size : 2,334 Sq. Ft

Year Built : 1946

Garage : 4

County : San Bernardino

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3
  • Interior Features

    AllBedroomsDown
    Laundry Features: Inside
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1946
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 55044 Lot Size Acres: 1.2636 Lot Size Source: Assessor Lot Size Square Feet: 55,044 Lot Description: ValueInLand

  • Listing Price Information

    Listing Price: $1200000
    Original Price: $1400000
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  • Tax Information

    Parcel Number: 0298181200000 Tax Lot: 12 Tax Block: 81

  • Parking Information

    Parking Total: 4

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Location Information

    Direction: From Mentone, go South on Agate WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
36750 Hilltop, Mentone, CA, 92359 $399,000 2 1 862 13,565 Sq. Ft
2700 Mill Creek Road, Mentone, CA, 92359 $2,950,000 2 2 1,800 984,891 Sq. Ft
1255 Amethyst #18, Mentone, CA, 92359 $127,000 2 1 960 960 Sq. Ft
2251 Nice Avenue, Mentone, CA, 92359 $530,000 2 1 968 27,693 Sq. Ft
2167 Snowberry Lane, Mentone, CA, 92359 $725,000 4 3 2,757 8,477 Sq. Ft
2180 Stonewood, Mentone, CA, 92359 $734,995 4 3 2,757 7,200 Sq. Ft
2140 Mentone, Mentone, CA, 92359 $175,000 3 2 960 960 Sq. Ft
2140 Mentone #152, Mentone, CA, 92359 $195,000 3 2 1,248 720 Sq. Ft
2067 Capri Avenue, Mentone, CA, 92359 $450,000 3 2 1,205 6,555 Sq. Ft
31271 Moss, Mentone, CA, 92359 $795,000 4 3 3,901 7,220 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/01/2026 @ 14:00

MLS: IV26139697 LISTED BY: JERRY AVILA, ALL NATIONS REALTY & INVS 909-391-1511 SOURCE: CRMLS

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