1342 Agate Avenue

    Mentone, CA 92359
    • $1,100,000
    • STATUS: Active
    • ON SITE: 181 days
    • ID#: EV18087966
    UPDATED: 39 min ago
    $1,100,000
    • 0
      BEDS
    • 0.64
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,877
      SQFT
    • $140
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Price just reduced cap is 5.13% ::The property consist of 6 rental units. Two houses and 4 apartments. The main house is a 4 bedroom, One 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. Mentone is just on the border of Redlands, allowing for higher rents. The Seller has not kept the rents up to current market. Minutes from Rev HS in Redlands School District and the Elementary school is just 1 block to the EAST. Redlands University is just 5 minutes from the property, great property to purchase to house your student and lease out the remainder to others.javascript:__doPostBack('m_rpPageList$ctl02$lbPageLink','')

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-16T13:29:24.173. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/82675328

    1342 Agate Avenue Mentone, CA 92359

    • Price: $1,100,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: EV18087966
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.64
    Acres
    7,877
    SQFT
    $140
    $/SQFT
    1963
    Built
    Neighborhood:
    284 - Mentone
    County:
    San Bernardino
    Area:
    284 - Mentone
    Property Description
    Price just reduced cap is 5.13% ::The property consist of 6 rental units. Two houses and 4 apartments. The main house is a 4 bedroom, One house is a 2 bedroom, one apartment is a 1 bedroom and three apartments are 2 bedrooms. Pride of ownership, the seller recently remodeled the main home. Mentone is just on the border of Redlands, allowing for higher rents. The Seller has not kept the rents up to current market. Minutes from Rev HS in Redlands School District and the Elementary school is just 1 block to the EAST. Redlands University is just 5 minutes from the property, great property to purchase to house your student and lease out the remainder to others.javascript:__doPostBack('m_rpPageList$ctl02$lbPageLink','')
    Exterior Features

    Construction Materials Drywall WallsFramePlasterStucco Direction Faces West Exterior Features Lighting Fence YN Yes Fencing BrickChain LinkStucco Wall Foundation Details RaisedSlab Garage Spaces 1.00 Lot Features 6-10 Units/AcreLot 20000-39999 SqftLot Shape-Rectangular Lot Size Source Assessor Lot Size Units Square Feet Parking Features Direct Garage AccessDrivewayDriveway - AsphaltDriveway - Combination Parking Total 13.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition View Neighborhood View YN Yes

    Interior Features

    Appliances Gas OvenGas RangeGas Water Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 1 Average1 Bed Area Units Square Feet Average2 Bed Area 4 Average2 Bed Area Units Square Feet Average3 Bed Area 1 Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling CentralWall Window Cooling YN Yes Fireplace Features Living RoomWood Fireplace YN Yes Flooring CarpetWood Heating Central FurnaceWall Heater Heating YN Yes Interior Features Block Walls Laundry Features Gas & Electric Dryer HookupIndividual RoomNoneSee RemarksWasher Hookup Levels One Room Type All Bedrooms DownBonus RoomKitchenLaundryLiving RoomMain Floor BedroomMain Floor Master BedroomMaster BathroomUtility Room Window Features Screens

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features RuralSidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 70440.00 Gross Scheduled Income 70440.00 Insurance Expense 0.00 Land Lease YN No Net Operating Income 55064.00 New Taxes Expense 14000.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 2 Number Of Units Leased 6 Number Wall AC 5 Number With Dishwasher 1 Number With Disposal 1 Number With Drapes 6 Number With Patio 3 Number With Range 6 Number With Refrigerator 4 Operating Expense 15386.00 Professional Management Expense 1386.00 Property Condition TurnkeyUpdated/Remodeled Rent Control YN No Security Features Smoke Detector Senior Community YN No Sewer Conventional Septic Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTelephone Total Actual Rent 5845.00 Total Expenses 15286.00 Trash Expense 0.00 Utilities Phone ConnectedWater Connected Water Sewer Expense 0.00 Water Source Public Year Built Source Estimated Zoning Rm

    Listing provided courtesy of Kenneth Patterson of Keller Williams Realty and John Sousa of Keller Williams Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-16T13:29:24.173. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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