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.
For sale
Listed by: ALL NATIONS REALTY & INVS • JERRY AVILA • Contact: 909-908-9474
$1,400,000
1253 Agate St, Mentone, CA 92359
5beds
2,334sqft
Single Family Residence
Built in 1946
1.26 Acres Lot
$1,336,700 Zestimate®
$600/sqft
$-- HOA
What's special
- 13 days |
- 173 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
JERRY AVILA DRE #01354211 909-908-9474,
ALL NATIONS REALTY & INVS
Source: CRMLS,MLS#: IV26139697
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 5
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Inside
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,334 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: driveway
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 1.26 Acres
- Features: Value In Land
Details
- Additional parcels included: 0298181190000
- Parcel number: 0298181200000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: Mentone
Financial & listing details
- Price per square foot: $600/sqft
- Tax assessed value: $326,400
- Annual tax amount: $4,222
- Date on market: 6/26/2026
- Cumulative days on market: 13 days
- Listing terms: Submit
Estimated market value
$1,336,700
$1.27M - $1.40M
$3,465/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Listed for sale | $1,400,000$600/sqft |
Source:  CRMLS #IV26139697 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,222 +7% | $326,400 +2% |
| 2024 | $3,947 +496% | $320,000 +698.7% |
| 2023 | $662 -84% | $40,064 -87.9% |
| 2022 | $4,145 +477.8% | $329,782 +656.9% |
| 2021 | $717 +1.8% | $43,572 +1% |
| 2020 | $704 -44.9% | $43,125 +2% |
| 2019 | $1,279 +146.5% | $42,279 +2% |
| 2018 | $519 +0.8% | $41,450 +2% |
| 2017 | $515 | $40,638 +2% |
| 2016 | $515 +22.1% | $39,841 +1.5% |
| 2015 | $421 +1% | $39,243 +2% |
| 2014 | $417 | $38,475 +0.5% |
| 2013 | -- | $38,301 +2% |
| 2012 | -- | $37,550 +2% |
| 2011 | -- | $36,813 +0.8% |
| 2010 | -- | $36,538 -0.2% |
| 2009 | -- | $36,625 +2% |
| 2008 | -- | $35,906 +2% |
| 2007 | -- | $35,202 +2% |
| 2006 | -- | $34,512 +2% |
| 2005 | -- | $33,835 +2% |
| 2004 | -- | $33,172 +1.9% |
| 2003 | -- | $32,564 +2% |
| 2002 | -- | $31,925 +2% |
| 2001 | -- | $31,299 +2% |
| 2000 | -- | $30,685 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 92359
Nearby schools
GreatSchools rating
- 6/10Mentone Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Clement Middle SchoolGrades: 6-8Distance: 3 mi
- 8/10Redlands East Valley High SchoolGrades: 9-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
- California
- San Bernardino County
- Mentone
- 92359
- 1253 Agate St
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