$ 820,000
1744 Capri Avenue Mentone, CA 92359
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$ 820,000
Est. payment | /mo
8 Beds
4 Baths
9,520 Sqft Lot
$ 820,000
Est. payment | /mo
8 Beds
4 Baths
9,520 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24133294
Bedrooms 8
HOA Y/N No
Lot Size 9,520 Sqft
Property Description
This is a fantastic investment opportunity. *CAN DELIVER ONE HOME VACANT* 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. 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. *CAN DELIVER ONE HOME VACANT* 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. 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. *CAN DELIVER ONE HOME VACANT* 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. 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
Level or Stories 2 Story
Others
Monthly Total Fees $115
Acceptable Financing Exchange
Space Rent $2,900
Listing Terms Exchange
Listed by Ken Ishiki • Lyon Stahl Investment Real Estate