1342 Agate Avenue
Mentone, CA 92359
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- 1963 build
- – on site
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Price just reduced Price cap is 5.77% :The property consists of 6 rental units. Two houses and 4 apartments. All Rental Units are professionally managed and maintained, with all tenants being current. The main house is a 4-bedroom, the smaller house is a 2-bedroom; one apartment is a 1-bedroom and three apartments are 2-bedrooms. Pride of ownership, the seller recently remodeled the main home both interior and exterior. Mentone is just on the border of Redlands, allowing for higher rents. The Seller has not kept the rents up to current market for tenant stability but opportunity for increase exists. Located less than a mile from two Redlands shopping centers, anchored by McDonalds, CVS, Stater Brothers Market, Subway, Jersey Mikes, and Starbucks. Property is located just off State Highway 38 with routes to Big Bear, Forest Falls, Oak Glen and other popular mountain cities. Minutes from Redlands East Valley High School in the prestigous Redlands Unified School District and the Elementary school is just 1 block to the EAST. The University of Redlands is just a 5-minute drive from the property making this a GREAT PROPERTY to purchase in order to house your students and lease out the remainder to others.
Listed By CRMLS_CA / KENNETH PATTERSON / KELLER WILLIAMS REALTY
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Last updated May 2, 2024
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MLS# EV18087966 —
Walk Score®
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Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/19/20
Aug 19, 2020
|
Sold | CRMLS_CA | $900,000 | -7.7% |
7/30/20
Jul 30, 2020
|
Pending | CRMLS_CA | $975,000 | |
6/19/20
Jun 19, 2020
|
Sold Subject To Contingencies | CRMLS_CA | $975,000 |