NOT LISTED FOR SALE

12922 10th St Chino, CA 91710

5 Beds
5 Baths
2,497 Sq Ft
6,816 Sq Ft Lot

Last Sold August 30, 2021

Last sale price $930,000 $372 Per Sq Ft

78 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Rectangular Lot

About This Home

As of August 2021

This is a rare opportunity to purchase a 5 unit complex in the city of Chino. This fully occupied and centrally located complex boasts 5 one bedroom, one bathroom apartments. Each unit includes a washer hookup, small storage shed, and parking spaces. Buyers to verify all information.

Last Agent to Sell the Property

Eric Bento

BENTO MANAGEMENT AND REALTY, INC. License #01975228 Listed on: 05/20/2021

Last Buyer's Agent

Marisol Amavizca

Socal Real Estate & Mgmt Inc License #01916233

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,816 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Home Design

  • 2,497 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 16 / 5
  • Tax Tract Number 605
  • Assessor Parcel Number 1020051140000

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Gardener Expense $1,080
  • Insurance Expense $3,199
  • Other Expense $300
  • Water Sewer Expense $4,320
  • New Taxes Expense $5,588
  • Operating Expense $14,543
  • Gross Income $68,100
  • Net Operating Income $52,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • CapRate: 5.26
  • Property Attached: Yes
  • Water Sewer Expenses: 4320.00
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 1020051140000
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 372.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6816.00
  • Lot Size Acres: 0.1565

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Gross Income: 68100.00
  • Gross Multiplier: 14.68
  • Gross Scheduled Income: 68100.00
  • Insurance Expense: 3199.00
  • Lot Size Area: 6816.0000 Square Feet
  • Net Operating Income: 52600.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 15500.00
  • Other Expense: 300.00
  • Other Expense Description: CityFire
  • Rent Control: No
  • Total Actual Rent: 5575.00
  • Total Expenses: 14543.00

Tax Info

  • New Taxes Expense: 5588.00
  • Tax Block: 5
  • Tax Census Tract: 6.05
  • Tax Lot: 16
  • Tax Tract Number: 000605

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $930,000 -7.0% $372 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $999,999 +7.5% $400 / Sq Ft
07/12/2021 07/12/21 Off Market $930,000 -- --
07/09/2021 07/09/21 For Sale $999,999 0.0% $400 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/15/2021 06/15/21 Price Changed $999,999 -9.1% $400 / Sq Ft
05/20/2021 05/20/21 For Sale $1,100,000 -- $441 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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
2025 $12,829 $1,145,850 $410,936 $734,914
2024 $12,488 $1,123,382 $402,878 $720,504
2023 $10,253 $928,200 $397,800 $530,400
2022 $10,193 $910,000 $390,000 $520,000
2021 $6,644 $589,711 $160,830 $428,881
2020 $6,559 $583,664 $159,181 $424,483
2019 $6,446 $572,220 $156,060 $416,160
2018 $6,306 $561,000 $153,000 $408,000
2017 $3,090 $269,396 $37,752 $231,644
2016 $2,894 $264,114 $37,012 $227,102
2015 $2,837 $260,147 $36,456 $223,691
2014 $2,783 $255,051 $35,742 $219,309
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21106016

California Regional Multiple Listing Service (CRMLS)