NOT LISTED FOR SALE

5160 Revere St Chino, CA 91710

Estimated Value: $965,000 - $1,644,000

8 Beds
5 Baths
3,467 Sq Ft
$381/Sq Ft Est. Value

Last Sold February 11, 2016

Last sale price $725,000 $209 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,702/month

16 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • 4 Car Garage
  • Laundry Room
  • Central Heating and Cooling System
  • Front Yard

About This Home

As of February 2016

Calling all investors!!!!!!!! Take a look at this great property! This can be investment income or live in 1 unit and rent the other 3! This superb property is located in the city of Chino, 4 units total; (1) 3 bedrooms and 2 baths, (2) 2 bedrooms and 1 bath (1) 1 bedroom and 1 bath. This property has newer windows, ceramic tile throughout and central heat and A/C and new roof installed over the past several years. As well as the local amenities available, the occupants of this complex have on-site laundry facilities and garage. Call now for addition info!

Last Agent to Sell the Property

Tony Estrada

JOHN RUIZ, BROKER License #01303279 Listed on: 11/18/2015

Last Buyer's Agent

Tony Estrada

JOHN RUIZ, BROKER License #01303279 Listed on: 11/18/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,361

Year Built

  • Built in 1964

Lot Details

  • 7,475 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,467 Sq Ft Home
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Tax Tract Number 7163
  • Assessor Parcel Number 1015031130000

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Insurance Expense $1,515
  • Trash Expense $1,056
  • Water Sewer Expense $3,098
  • New Taxes Expense $5,590
  • Gross Income $4,575
  • Net Operating Income $41,257

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,361

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 5.60
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved, Maintained, Paved
  • Water Sewer Expenses: 3098.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 1015031130000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Price Per Square Foot: 209.11

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Trash Expense: 1056.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7475.00
  • Price Per Lot Square Foot: 96.99
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 720.00
  • Gross Income: 4575.00
  • Gross Multiplier: 13.15
  • Gross Scheduled Income: 55860.00
  • Insurance Expense: 1515.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7475.0000 Square Feet
  • Net Operating Income: 41257.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12927.00
  • Rent Control: No
  • Total Actual Rent: 4575.00
  • Vacancy Allowance: 1676

Tax Info

  • New Taxes Expense: 5590.00
  • Tax Lot: 13
  • Tax Tract Number: 7163

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Nijjar Paramjit S and Nijjar Harjinder K
Bought by
Punjab Street Properties Llc
Current Estimated Value
$1,319,839

Purchase Details

Closed on
Dec 1, 2015
Sold by
Simanjuntak Jupri Wesnathjo
Bought by
Nijjar Paramjit S and Nijjar Harjinder K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Murphy Jerome D
Bought by
Nasution Hans and Simanjuntak Marlinang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Punjab Street Properties Llc -- None Listed On Document
Nijjar Paramjit S $725,000 Orange Coast Title
Nasution Hans $725,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nijjar Paramjit S $500,000
Previous Owner Nasution Hans $576,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2016 02/11/16 Sold $725,000 -1.4% $209 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
11/02/2015 11/02/15 For Sale $735,000 -- $212 / 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 $9,361 $858,254 $300,685 $557,569
2024 $9,361 $841,425 $294,789 $546,636
2023 $9,104 $824,927 $289,009 $535,918
2022 $9,050 $808,752 $283,342 $525,410
2021 $8,873 $792,894 $277,786 $515,108
2020 $8,759 $784,764 $274,938 $509,826
2019 $8,607 $769,376 $269,547 $499,829
2018 $8,418 $754,290 $264,262 $490,028
2017 $8,267 $739,500 $259,080 $480,420
2016 $6,783 $635,300 $223,900 $411,400
2015 $6,088 $572,300 $201,700 $370,600
2014 $5,590 $525,000 $185,000 $340,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15238258

California Regional Multiple Listing Service (CRMLS)

APN: 1015-031-13