Frank Parra
Responds Quickly
Century 21 Masters
(626) 593-8491
47 Total Sales
1 in Chino
$755,000 Price
12811 9th St Chino, CA 91710
Chino Area
3
Beds
2
Baths
8,464
Sq Ft
0.4
Acre Lot
Highlights
- 0.4 Acre Lot
- Landscaped
- Laundry Facilities
- Lawn
About This Home
As of May 2024The 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.
Last Agent to Sell the Property
Warren Lee Berzack Brokerage Phone: 818-269-2979 License #01329015 Listed on: 04/08/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Lot Details
- 17,400 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Lawn
- Garden
Parking
- 10 Open Parking Spaces
- 10 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 8,464 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 61
- Tax Tract Number 1
- Assessor Parcel Number 1015612170000
- $1,078 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 10 Units
Amenities
- Laundry Facilities
Building Details
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,703
- Gardener Expense $2,400
- Insurance Expense $8,864
- Maintenance Expense $14,812
- Other Expense $900
- Pest Control $900
- Supplies Expense $5,240
- Trash Expense $2,000
- Water Sewer Expense $6,000
- New Taxes Expense $37,800
- Operating Expense $80,720
- Gross Income $219,523
- Net Operating Income $132,218
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2024
Closed on
May 1, 2024
Sold by
Bought by
Seller's Agent
Warren Berzack
Warren Lee Berzack
Buyer's Agent
Steven Bremer
STEVEN BREMER, BROKER
List Price
$3,150,000
Sold Price
$3,150,000
Views
36
Purchase Details
Closed on
Aug 9, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
May 20, 2009
Sold by
Bought by
Purchase Details
Closed on
Sep 16, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.27%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 27, 1997
Sold by
Bought by
Purchase Details
Closed on
Oct 21, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Chino, CA
-
Frank Parra
-
Miguel Garcia
Miguel Garcia
Responds QuicklyRE/MAX MASTERS REALTY
(626) 727-7715
35 Total Sales
3 in Chino
$420K - $760K Price Range
-
Sylvia Cruz-Ron
Sylvia Cruz-Ron
Advantage Real Estate
(877) 764-1569
10 Total Sales
2 in Chino
$370,000 Price Range
-
Crystal Huan Wang
Crystal Huan Wang
ReMax 2000 Realty
(626) 869-5461
56 Total Sales
2 in Chino
$550K - $788K Price Range
-
Susanne Hove
Susanne Hove
Keller Williams Realty Riv
(951) 470-2435
145 Total Sales
2 in Chino
$525K - $910K Price Range
-
Diana Veloz
Diana Veloz
DIANA VELOZ, BROKER
(626) 699-8081
25 Total Sales
2 in Chino
$745,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,150,000 | Ticor Title Company | ||
| $467,000 | First American Title Company | ||
| -- | None Available | ||
| -- | Chicago Title Co | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $670,000 | ||
| Previous Owner | $300,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/17/2024 05/17/24 | Sold | $3,150,000 | 0.0% | $372 / Sq Ft |
| 05/08/2024 05/08/24 | Pending | -- | -- | -- |
| 04/08/2024 04/08/24 | For Sale | $3,150,000 | -- | $372 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $35,761 | $3,277,260 | $1,040,400 | $2,236,860 |
| 2025 | $35,761 | $3,213,000 | $1,020,000 | $2,193,000 |
| 2024 | $11,844 | $1,064,917 | $257,523 | $807,394 |
| 2023 | $11,518 | $1,044,037 | $252,474 | $791,563 |
| 2022 | $11,450 | $1,023,566 | $247,524 | $776,042 |
| 2021 | $11,227 | $1,003,496 | $242,671 | $760,825 |
| 2020 | $11,082 | $993,207 | $240,183 | $753,024 |
| 2019 | $10,889 | $973,733 | $235,474 | $738,259 |
| 2018 | $5,665 | $502,955 | $45,554 | $457,401 |
| 2017 | $5,564 | $493,093 | $44,661 | $448,432 |
| 2016 | $5,204 | $483,424 | $43,785 | $439,639 |
| 2015 | $5,122 | $476,162 | $43,127 | $433,035 |
| 2014 | $5,022 | $466,834 | $42,282 | $424,552 |
Source: Public Records
Agents Affiliated with this Home
-
Warren Berzack
Seller's Agent in 2024
Warren Berzack
Warren Lee Berzack
(818) 986-9800
20 Total Sales
-
Steven Bremer
S
Buyer's Agent in 2024
Steven Bremer
STEVEN BREMER, BROKER
(909) 342-4658
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24069187
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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