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1826 Mentone Boulevard

Mentone, CA 92359
  • $1,125,000
  • STATUS: Active
  • ON SITE: 159 Days
  • ID#: IV24110080
UPDATED: 45 min ago
$1,125,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1936
County:

School Ratings & Info

Listing Agent(s): Darren Correa of LE INVESTMENT GROUP (909-256-7889)


Description

1826 Mentone Blvd in Mentone, CA 92359 offers an exceptional investment opportunity, featuring a 4-unit complex with four individual buildings. The property comprises two 1-bedroom, 1-bathroom units and two 2-bedroom, 2-bathroom units, providing diverse rental options for tenants. Each unit offers comfortable living spaces, making them attractive to potential renters. With ample parking, separate entrances, and proximity to local amenities and public transportation, this property ensures convenience and desirability. Its strategic location in the Inland Empire enhances its appeal, making it a compelling investment in the growing Mentone real estate market.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-06T18:33:57.327. 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 or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/151141324
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1826 Mentone Boulevard Mentone, CA 92359

  • Price: $1,125,000
  • Status: Active
  • On Site: 159 Days
  • Updated: 45 min ago
  • ID#: IV24110080
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1936
Built
Neighborhood:
284 - Mentone
County:
San Bernardino
Area:
284 - Mentone
Property Description
1826 Mentone Blvd in Mentone, CA 92359 offers an exceptional investment opportunity, featuring a 4-unit complex with four individual buildings. The property comprises two 1-bedroom, 1-bathroom units and two 2-bedroom, 2-bathroom units, providing diverse rental options for tenants. Each unit offers comfortable living spaces, making them attractive to potential renters. With ample parking, separate entrances, and proximity to local amenities and public transportation, this property ensures convenience and desirability. Its strategic location in the Inland Empire enhances its appeal, making it a compelling investment in the growing Mentone real estate market.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Heating None Heating YN No

Property Features

Additional Parcels YN No Cap Rate 5.6 Common Interest Community Apartment Community Features FoothillsHiking Electric Expense 714.5 Fuel Expense 714 Garage YN No Gross Income 88620 Gross Scheduled Income 88620 Insurance Expense 2000 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 62714 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 24134 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Trash Expense 714.5 Vacancy Allowance 1772 Water Sewer Expense 714.5 Water Source Public Zoning CG-SCP



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-06T18:33:57.327. 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 or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Darren Correa of LE INVESTMENT GROUP (909-256-7889)