NOT LISTED FOR SALE

12950 9th St Chino, CA 91710

Estimated Value: $1,132,000 - $1,383,000

6 Beds
5 Baths
3,728 Sq Ft
$331/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $1,100,000 $295 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,496/month

1 Day on Market

About This Home

As of June 2022

Amazing Investment opportunity! Quadruplex / 4-Units. Each Unit has Washer & Dryer Hook-ups. – Each Unit comes with a Garage. - Main house is a 2 Bedrooms & 2 Bathrooms with an extremely large basement (364 sqft) currently being used as an additional 2 Bedrooms. - 2nd Unit is a 2 Bedrooms & 1 Bathroom – 3rd & 4th Unit are each 1 Bedroom & 1 Bathroom. – All units have Yard Space with Alley Access and plenty of parking. Located in Central Chino in a well maintained & beautiful neighborhood. Walking distance to schools. Minutes away from 60 Freeway. Tenants Pay Electricity & Gas. Owner Pays Water & Trash.

Last Agent to Sell the Property

STEVEN RODRIGUEZ

REALTY MASTERS & ASSOCIATES License #01153439 Listed on: 05/03/2022

REALTY MASTERS & ASSOCIATES

Last Buyer's Agent

Carlos Barron

T.N.G. Real Estate Consultants License #01887430

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.31 Acre Lot
  • No Common Walls
  • Lawn

Parking

  • 4 Car Garage

Home Design

  • 3,728 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 19 / 4
  • Assessor Parcel Number 1020043140000
  • $173 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,000
  • Trash Expense $1,200
  • Water Sewer Expense $2,600
  • Operating Expense $6,000
  • Gross Income $52,200
  • Net Operating Income $46,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2600.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 1020043140000
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 295.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 13632.00
  • Lot Size Acres: 0.3129

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 52200.00
  • Gross Scheduled Income: 52200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 13632.0000 Square Feet
  • Net Operating Income: 46200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 6000.00
  • Rent Control: Yes
  • Total Expenses: 6000.00

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 6.05
  • Tax Lot: 19
  • TaxOtherAnnualAssessmentAmount: 173.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
May 26, 2022
Sold by
Maria E Mendonca Irrevocable Exemption T
Bought by
Hernandez Andres H and Hernandez Ruth H
Seller's Agent
STEVEN RODRIGUEZ
REALTY MASTERS & ASSOCIATES
Buyer's Agent
Carlos Barron
T.N.G. Real Estate Consultants
List Price
$989,900
Sold Price
$1,100,000
Premium/Discount to List
$110,100
11.12%
Current Estimated Value
$1,232,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,902
Avg. Annual Appreciation
3.24%

Purchase Details

Closed on
Oct 31, 2000
Sold by
Mendonca Manuel E E and Mendonca Manuel E
Bought by
Mendonca Manuel E and Maria E Mendonca Irrevocable E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Hernandez Andres H $1,100,000 Corinthian Title
Mendonca Manuel E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $1,100,000 +11.1% $295 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $989,900 -- $266 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,045 $1,167,329 $403,259 $764,070
2024 $12,698 $1,144,440 $395,352 $749,088
2023 $12,348 $1,122,000 $387,600 $734,400
2022 $976 $79,562 $18,466 $61,096
2021 $957 $78,002 $18,104 $59,898
2020 $945 $77,202 $17,918 $59,284
2019 $930 $75,689 $17,567 $58,122
2018 $912 $74,205 $17,223 $56,982
2017 $895 $72,750 $16,885 $55,865
2016 $842 $71,324 $16,554 $54,770
2015 $827 $70,252 $16,305 $53,947
2014 $812 $68,876 $15,986 $52,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22090153

California Regional Multiple Listing Service (CRMLS)

APN: 1020-043-14