Mixed-Use Property with
For Sale
$1,499,990
2048 Mentone Boulevard, Mentone, CA 92359
Multiple buildings combine office, guest, creative, and workshop space on a commercial corridor.
Property Size7,602 SF
Lot Size0.81 Acres
Price / SF$197.32
Days on Market427
Property Features for 2048 Mentone Boulevard
General Information
Standard status
Active
Size
7,602 SF
Lot size
0.81 Acres
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Warehouse Space
3,000 SF
Property Use
Office
Building Details
Building Size
7,602 SF
Year Built
1927
Buildings
1
Construction
Victorian
Listing Agency:
Re/Max Time Realty
Listed By:
Robert Mendez · License #01971883
(951) 283-5015
Source:
Humanelementre
Added: Aug 28, 2025
Changed: Oct 27
Last Checked: Oct 26 at 2:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Time Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 7,602-SF property occupies 0.81 acres and comprises several buildings. A Victorian-style house configured as an office offers approximately 3,186 SF, alongside a guest house and studio/creative room totaling approximately 1,416 SF. The two-story warehouse/workshop measures approximately 3,000 SF. The office building has undergone restoration, and its electrical system was recently replaced and upgraded. Its roof is about 10 years old; the warehouse roof is about two years old.
The site fronts Hwy 38 in an active commercial corridor, next to a new Dollar General. The property has paved parking, covered RV parking, and reported traffic of approximately 17,000 cars per day. Access is described as convenient for customers, crews, and deliveries.
The site fronts Hwy 38 in an active commercial corridor, next to a new Dollar General. The property has paved parking, covered RV parking, and reported traffic of approximately 17,000 cars per day. Access is described as convenient for customers, crews, and deliveries.
Key Highlights
- 7,602‑SF property on 0.81 acres
- Victorian‑style house/office with approximately 3,186 SF
- Guest house and studio/creative room totaling approximately 1,416 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,965
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,179,300
$2.2M
Cap Rate 7%
$1,556,643
$1.6M
Cap Rate 9%
$1,210,722
$1.2M
Market Conditions
NOI Build-Up for 7,602 SF
Gross rent
$164.2K $21.60/SF
− Vacancy
−$8.5K −$1.12/SF
EGI
$155.7K $20.48/SF
− OpEx
−$46.7K −$6.14/SF
NOI
$109.0K $14.33/SF
Area
San Bernardino County, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,179,300
Cap Rate 7%
$1,556,643
Cap Rate 9%
$1,210,722
Alternative Uses
Best Use
Retail
$1.56M
$1.36M – $1.82M
NOI $108,965 @ 7.0% cap · market cap 7.26%
Second Best
Office B
$1.28M
$1.12M – $1.49M
NOI $89,478 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,247 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
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Business Placement
Demographics for 92359, CA
8,900
Population
3,483
Households
2.6
Avg Household Size
37
Median Age
25%
College-Educated
88%
High-School Grad
19.2 sq mi
ZIP Area
464
Density / Sq Mi
$74,408
Median Household Income
$43,251
Median Earnings
$1,270
Median Rent
$411,100
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Multiple buildings combine office, guest, creative, and workshop space on a commercial corridor.
Where is this mixed-use property located?
The property is located at 2048 Mentone Boulevard Mentone, CA.
What is the asking price?
The asking price for this property is $1,499,990.
What are key features of this property?
This property features: 7,602‑SF property on 0.81 acres; Victorian‑style house/office with approximately 3,186 SF; Guest house and studio/creative room totaling approximately 1,416 SF
