$1,675,000
$24K PRICE DROP

12015 Silicon Ave Unit 4 Chino, CA 91710

Estimated payment $10,670/month

Total Views 18,202
7 Beds
7 Baths
5,080 Sq Ft
$330 Price per Sq Ft

Highlights

  • Back Bay Views
  • Dual Staircase
  • Bamboo Flooring
  • Open Floorplan
  • Fireplace in Primary Bedroom
  • Modern Architecture

About This Home

SFR PROPERTY WITH TWO PERMITED ADU's. PROPERTY ALSO HAS A JR ADU THAT BUYER WILL HAVE TO COMPLETE PERMITTING PROCESS FOR, PLANS ALREADY COMPLETED AND MAJORITY OF WORK JUST NEED TO SUBMIT AND FINISH OUT LAST DETAILS TO GET JR. ADU APPROVED. THE PROPERTY WAS COMPLETELY REBUILT IN 2006. MODERN STUNNING HOME WITH DOUBLE DOOR ENTRY WITH A BRIGHT OPEN FLOOR PLAN WITH HIGH CATHEDRAL CEILINGS "HARD TO FIND IN CHINO" ** GREAT OPPORTUNITY FOR INVESTOR OR OWNER OCCUPANT. THIS IS A REMODELED CUSTOM ESTATE HOME, HUGE LOT MORE THAN 11,000 SQ.FT LOT. BUILT WITH A SPANISH FLAIR. THE HOUSE HAS 3 MASTER BEDROOMS IN MAIN HOUSE. HOME HAS AN AMAZING GLASS & WROUGHT IRON DOUBLE DOOR ENTRY, LARGE LIGHTED FRONT YARD WITH AUTOMATIC SPRINKLERS, AUTOMATIC SIDE GATE WITH REMOTE CONTROLS, PLENTY OF EXTRA COURTYARD PARKING, WITH 2 CAR GARAGES AND ADDITIONAL DRIVEWAY PARKING. IT HAS A CUSTOM KITCHEN WITH A LARGE ISLAND W/GRANITE COUNTERTOP. MASTER BEDROOM FEATURES A FIREPLACE, WALK IN CLOSET, SEPARATE SHOWER, JACUZZI TUB AND PRIVATE PATIO. LARGE BALCONY OVERLOOKING COURTYARD. TRAVERTINE FLOOR IN THE LIVING ROOM AND DINING ROOM, MAIN HOUSE ADU AND JR ADU, ALONG WITH STUDIO FULLY RENTED TO THIRD PATIES. COMMON AREA BACK YARD OF PROPERTY SHARED WITH OTHER TENANTS.

Listing Agent

Orlando Montero

The Orlando Montero Team Brokerage Phone: 909-376-9157 License #01273733

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,613

Year Built

  • Built in 1954

Lot Details

  • 0.26 Acre Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Sprinkler System
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • Modern Architecture
  • Quadruplex
  • Fire Rated Drywall
  • Interior Block Wall
  • Asphalt Roof

Interior Spaces

  • 5,080 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Dual Staircase
  • High Ceiling
  • Recessed Lighting
  • French Doors
  • Formal Entry
  • Family Room
  • Sunken Living Room
  • Dining Room with Fireplace
  • Loft
  • Bonus Room
  • Bamboo Flooring
  • Back Bay Views

Kitchen

  • Walk-In Pantry
  • Gas and Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Eco-Friendly Details

  • Solar owned by seller

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Type Unknown
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 4017
  • Assessor Parcel Number 1013462170000
  • $1,500 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Electric Expense $5,000
  • Insurance Expense $2,000
  • Trash Expense $500
  • Water Sewer Expense $1,500
  • Operating Expense $9,000
  • Gross Income $102,600
  • Net Operating Income $94,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,613

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 5.50
  • Price Per Unit: 418750
  • Property Attached: Yes
  • Road Frontage Type: Access Road
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: RS-20M
  • Architectural Style: Modern
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 1013462170000
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Balcony, Block Walls, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Sunken Living Room
  • Stories: 1
  • Entry Location: Front door
  • Common Walls: 2+ Common Walls
  • Flooring: Bamboo
  • Appliances: Yes
  • Door Features: French Doors
  • Entry Level: 1
  • Fireplace Features: Dining Room, Primary Bedroom
  • Levels: Two
  • Price Per Square Foot: 329.72
  • Room Type: Bonus Room, Family Room, Formal Entry, Kitchen, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Back Bay
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range, Gas Water Heater, Tankless Water Heater, Water Heater
  • Electric: Photovoltaics Seller Owned
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Septic Type Unknown
  • Trash Expense: 500.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 11256.00
  • Lot Size Acres: 0.2584
  • Latitude Manual: 34.03495500

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Average1 Bed Area: 850 Square Feet
  • Average2 Bed Area: 950 Square Feet
  • Average Studio Area: 600 Square Feet
  • Electric Expense: 5000.00
  • Gross Income: 102600.00
  • Gross Multiplier: 16.00
  • Gross Scheduled Income: 102600.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 11256.0000 Square Feet
  • Net Operating Income: 94200.00
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 8400.00
  • Rent Control: No
  • Total Actual Rent: 8550.00
  • Total Expenses: 9000.00

Tax Info

  • Tax Census Tract: 4.03
  • Tax Lot: 6
  • Tax Tract Number: 4017
  • TaxOtherAnnualAssessmentAmount: 1500.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,613 $1,029,372 $360,811 $668,561
2023 $11,055 $1,009,188 $353,736 $655,452
2022 $10,990 $989,400 $346,800 $642,600
2021 $9,363 $842,380 $296,856 $545,524
2020 $9,290 $838,100 $295,350 $542,750
2019 $8,998 $810,000 $285,000 $525,000
2018 $8,187 $738,684 $259,060 $479,624
2017 $8,041 $724,200 $253,980 $470,220
2016 $7,513 $710,000 $249,000 $461,000
2015 $4,254 $402,712 $106,600 $296,112
2014 $4,164 $394,824 $104,512 $290,312
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Price Changed $1,675,000 -1.4% $330 / Sq Ft
04/23/2024 04/23/24 For Sale $1,699,000 -- $334 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Deed History

Date Type Sale Price Title Company
Grant Deed -- First American Title
Deed -- First American Title
Grant Deed -- First American Title
Grant Deed $970,000 Fidelity National Title
Trustee Deed $808,748 Accommodation
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- Accommodation
Grant Deed $810,000 None Available
Grant Deed -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- Orange Coast Title Company
Grant Deed $710,000 Orange Coast Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $378,000 Lsi Title Company
Trustee Deed $574,288 Accommodation
Interfamily Deed Transfer -- Home Connects
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 New Conventional
Open $920,000 No Value Available
Closed $920,000 Balloon
Previous Owner $905,000 Commercial
Previous Owner $15,291 Unknown
Previous Owner $380,000 Purchase Money Mortgage
Previous Owner $649,990 Construction
Previous Owner $50,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $241,500 Unknown
Previous Owner $160,000 Unknown
Previous Owner $40,000 Stand Alone Second
Previous Owner $92,200 Unknown
Closed $0 Unknown
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24080955

California Regional Multiple Listing Service (CRMLS)

APN: 1013-462-17