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$ 820,000
Est. payment /mo
Active
1744 Capri Avenue Mentone, CA 92359
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25006413
Bedrooms 8
HOA Y/N No
Lot Size 9,520 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This is a fantastic investment opportunity. 2 Homes on a lot with separate addresses of 1744 Capri Ave. and 1377 Jasper Ave. Each unit consists of 4 bedrooms and 2 bathrooms with a front and backyard. There is a possibility of delivering one of the units VACANT. Please inquire about the details. Each home is separately metered for water, gas and electric. The landlord only pays for trash and landscaping. This duplex is 2 blocks adjacent to Redlands and has the lowest price per square foot for a duplex in either Mentone or Redlands. You can't build anything for the price per square foot anymore. Each home has enough parking garages or car spaces for 3 to 4 cars each. One unit if fully renovated leaving potential to renovate the other and to achieve over $6,300 per month in gross rental income.
This is a fantastic investment opportunity. 2 Homes on a lot with separate addresses of 1744 Capri Ave. and 1377 Jasper Ave. Each unit consists of 4 bedrooms and 2 bathrooms with a front and backyard. There is a possibility of delivering one of the units VACANT. Please inquire about the details. Each home is separately metered for water, gas and electric. The landlord only pays for trash and landscaping. This duplex is 2 blocks adjacent to Redlands and has the lowest price per square foot for a duplex in either Mentone or Redlands. You can't build anything for the price per square foot anymore. Each home has enough parking garages or car spaces for 3 to 4 cars each. One unit if fully renovated leaving potential to renovate the other and to achieve over $6,300 per month in gross rental income.
This is a fantastic investment opportunity. 2 Homes on a lot with separate addresses of 1744 Capri Ave. and 1377 Jasper Ave. Each unit consists of 4 bedrooms and 2 bathrooms with a front and backyard. There is a possibility of delivering one of the units VACANT. Please inquire about the details. Each home is separately metered for water, gas and electric. The landlord only pays for trash and landscaping. This duplex is 2 blocks adjacent to Redlands and has the lowest price per square foot for a duplex in either Mentone or Redlands. You can't build anything for the price per square foot anymore. Each home has enough parking garages or car spaces for 3 to 4 cars each. One unit if fully renovated leaving potential to renovate the other and to achieve over $6,300 per month in gross rental income.
Location
State CA
County San Bernardino
Area Mentone (92359)
Zoning Assessor
Interior
Cooling Central Forced Air
Building
Story 2
Lot Size Range 7500-10889 SF
Sewer Septic Installed
Level or Stories 2 Story
Others
Monthly Total Fees $115
Space Rent $2,900
Listed by Ken Ishiki • Lyon Stahl Investment Real Estate