12811 9th Street Chino, CA ^$ 3,150,000

12811 9th Street

^$ 3,150,000

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12811 9th Street

Chino, CA, 91710

^$ 3,150,000

Bedrooms4 Baths1.0 Sq 8,464

Monthly Estimate*

^$ 22,004

Listed by Lee & Associates

12811 9th Street, Chino, CA 91710 - Image 1

12811 9th Street, Chino, CA 91710 - Image 2

12811 9th Street, Chino, CA 91710 - Image 3

12811 9th Street, Chino, CA 91710 - Image 4

12811 9th Street, Chino, CA 91710 - Image 5

12811 9th Street, Chino, CA 91710 - Image 6

12811 9th Street, Chino, CA 91710 - Image 7

12811 9th Street, Chino, CA 91710 - Image 8

12811 9th Street, Chino, CA 91710 - Image 9

12811 9th Street, Chino, CA 91710 - Image 10

Multi-Family Home for sale in Chino, CA

for $3,150,000 with 4 bedrooms and 1 full bath. This 8,464 square foot home was built in 1980 on a lot size of 0.3994.

The 12811 9th Street property was built in 1980 and is in excellent condition. The City of Chino has no rent controlled, but the property does fall under California AB 1482 allowing for rent increases of 5% plus CPI each year. The tenants will receive their 2024 rent increase notifications shortly and the rents listed in the Offering Memorandum are effective July 1st. The property has a desirable unit mix with 4 one-bedroom/one-bathroom units, as well as 6 two-bedroom/one-bathroom units. There is ample parking in back including 10 garage parking spaces (1 per unit) and 10 open uncovered parking spaces. The roofs are in excellent condition. The building’s plumbing is copper. There is also a laundry room with two washers and two dryers. The equipment is Leased from WASH Laundry and has a contract in place.

Multi-Family Pending

Price

^$ 3,150,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.3994

Year Built

1980

Town/City

Chino

County/Region

San Bernardino

MLS | Web ID

SR24069187

Days on Market

Features

General

Sewer PublicSewer

Garage Spaces 10.0

Pool Features None

Year Built 1980

Tenant Pays Electricity Gas

Stories 2

Levels Two

Property SubType Apartment

Gross Income 219523.0

Community Features Curbs StreetLights Sidewalks Urban

County San Bernardino

Net Operating Income 132218.0

Operating Expense 80720.0

Insurance Expense 8864.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Pending

Directions North of Riverside Drive

City Chino

Entry Location 1

View Y/N N

Senior Community Y/N N

Open Parking Spaces 10.0

Total Units 10

MLS Area 681 - Chino

Lot Size Square Feet 17400.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 9th

Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 1703.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 2000.0

Water Sewer Expense 6000.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 30

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 61

Property Sub Type Additional Apartment

Taxes 37800.0

Cap Rate 4.2

Exterior

Parking Features Assigned

Lot Features Garden Lawn Landscaped

Water Source Public

Total Parking 20.0

Lot Size Area 17400.0

Number of Buildings 2

Spa N

Building Area Total 8464.0

Lot Size Acres 0.3994

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 11

Number of Separate Electric Meters 11

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 12811

* Excluded Features

List By

Lee & Associates

Broker

(818) 986-9800

Phone

Affordability Calculator

$22,004

Per Month

Monthly Principal & Interest: $22,004
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chino, CA

Average List Price ^$1,742,225

Percent of Sale Price 45%

About Chino, CA

90,620 Population

30% Since 2002

^$74,512 Median Income

35.26 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/8/2024	$3,150,000		Listed Price

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12811 9th Street, Chino, CA, 91710 is a Multi-Family Home for sale at $3,150,000 with 8,464 sqft and a lot size of 0.3994. 12811 9th Street has 4 bedrooms, 1.0 baths, and was built in 1980. The property's zip code is 91710 which is in Chino, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/18/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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12811 9th Street

Multi-Family Home for sale in Chino, CA

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