Seller's Agent in 2024
Cindy Ruiz
RE/MAX
(909) 973-9677
4 in this area
48 Total Sales
Estimated Value: $821,465 - $1,151,000
6
Beds
5
Baths
2,398
Sq Ft
$390/Sq Ft
Est. Value
Highlights
- No HOA
- Central Heating
- Back and Front Yard
- Laundry Room
- Rectangular Lot
- 1-Story Property
About This Home
As of June 2024Welcome to this exceptional income-producing property located in the heart of Chino, now back on the market and offering a lucrative opportunity for investors. Situated in a desirable residential neighborhood, this property is within minutes of numerous local conveniences, making it an ideal choice for both tenants and landlords alike.
Front Single Family Home: The front property is a charming single-family home featuring 3 bedrooms, 1.5 baths, and modern amenities including air conditioning. With an attached 2-car garage, this home provides convenient and comfortable living spaces. Built in 1997, it offers contemporary design and functionality.
Duplex in the Back: Behind the single-family home, you'll find a well-maintained duplex with alley access. Each unit consists of 1 bedroom and 1 bathroom. Additionally, there's a vacant studio unit with a room and a half bath, offering versatility for potential use or rental income. The original unit B was constructed in 1948, with the second attached unit A added in 1994.
Recent Improvements: The duplex units feature newer roofs, ensuring durability and protection from the elements. Additionally, a new sewer line has been installed, minimizing maintenance concerns for the foreseeable future.
Exterior Upkeep: Both buildings have benefited from fresh exterior paint, enhancing their curb appeal and contributing to a well-maintained appearance.
Long-Term Tenants: All three units are currently occupied by reliable, long-term tenants, providing consistent rental income and stability for the property.
Professional Management: The properties are professionally managed, ensuring smooth operations and proactive maintenance to preserve their value and appeal.
Don't miss out on this outstanding investment opportunity in Chino. Whether you're an experienced investor or a newcomer to real estate, this property offers the potential for significant returns. Schedule a viewing today to explore the possibilities!
Information provided is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence.
Last Agent to Sell the Property
RE/MAX Galaxy Brokerage Phone: 909-973-9677 License #01752105 Listed on: 09/21/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 6,800 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
- Back and Front Yard
Parking
- 2 Car Garage
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,398 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Additional Features
- Exterior Lighting
- Suburban Location
- Central Heating
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 2 / 40
- Tax Tract Number 71
- Assessor Parcel Number 1020031200000
- $389 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,075
- Fuel Expense $768
- Gardener Expense $830
- Other Expense $2,700
- Professional Management Expense $4,088
- Water Sewer Expense $1,500
- Operating Expense $11,961
- Gross Income $48,879
- Net Operating Income $41,679
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 21, 2023
Closed on
Jun 11, 2024
Sold by
Trifa Onorica
Bought by
Sdrl 12980 Llc
Seller's Agent
Cindy Ruiz
RE/MAX Galaxy
Buyer's Agent
Ni Doherty
IRN Realty
List Price
$999,000
Sold Price
$825,000
Premium/Discount to List
-$174,000
-17.42%
Views
287
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,366
Avg. Annual Appreciation
8.09%
Purchase Details
Closed on
Sep 24, 2011
Sold by
Trifa Corneliu
Bought by
Trifa Onorica
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sdrl 12980 Llc | $825,000 | None Listed On Document | |
| Trifa Onorica | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/20/2024 06/20/24 | Sold | $825,000 | -10.3% | $344 / Sq Ft |
| 05/19/2024 05/19/24 | Pending | -- | -- | -- |
| 03/27/2024 03/27/24 | Price Changed | $920,000 | -3.1% | $384 / Sq Ft |
| 12/14/2023 12/14/23 | Price Changed | $949,000 | -5.0% | $396 / Sq Ft |
| 09/21/2023 09/21/23 | For Sale | $999,000 | -- | $417 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,387 | $841,500 | $295,800 | $545,700 |
| 2024 | $3,658 | $327,527 | $102,565 | $224,962 |
| 2023 | $3,558 | $321,105 | $100,554 | $220,551 |
| 2022 | $3,537 | $314,808 | $98,582 | $216,226 |
| 2021 | $3,468 | $308,635 | $96,649 | $211,986 |
| 2020 | $3,424 | $305,470 | $95,658 | $209,812 |
| 2019 | $3,364 | $299,480 | $93,782 | $205,698 |
| 2018 | $3,291 | $293,608 | $91,943 | $201,665 |
| 2017 | $3,232 | $287,851 | $90,140 | $197,711 |
| 2016 | $3,022 | $282,207 | $88,373 | $193,834 |
| 2015 | $2,962 | $277,968 | $87,046 | $190,922 |
| 2014 | $2,904 | $272,523 | $85,341 | $187,182 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Ruiz
-
Ni Doherty
N
Buyer's Agent in 2024
Ni Doherty
IRN Realty
(626) 217-8410
1 in this area
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR23177151
APN: 1020-031-20
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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