Thank you
Warren Berzack
Lee & Associates
818-986-9800
The 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.
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Water Source : Public
Sewer : Public Sewer
Year Built: 1980
Building Area Total: 8,464
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.3994
Lot Size Source: Assessor
Lot Size Square Feet: 17400
Original List Price: 3,150,000
Listing Contract Date: 2024-04-08
Listing Agreement: Exclusive Right To Sell
Parcel Number: 1015612170000
Garage Description: Assigned
Lease Term: Negotiable
Tenant Pays: Electricity,Gas
Source Listing Status: Pending
Source Neighborhood: 681 - Chino
Directions: North of Riverside Drive
Source Property Type: Residential Income
Area: 681 - Chino
Property SubType: Apartment
Property Age: 44
Common Walls: 2+ Common Walls
Structure Type: Apartment
Year Built Source: Assessor
Entry Level: 1
Entry Location: 1
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
11547 Telephone Avenue, Chino, CA,91710 | $4,500,000 | -- | -- | -- | 331928 Sqft |
16273 Chino Corona Road, Chino, CA,91710 | $7,200,000 | -- | -- | -- | 190396 Sqft |
12980 6th Street, Chino, CA,91710 | $949,000 | 6 | 4 | 2,398 | 6800 Sqft |
3910 Chino Avenue, Chino, CA,91710 | $415,000 | -- | -- | -- | 10500 Sqft |
13138 9th Street, Chino, CA,91710 | $420,000 | -- | -- | -- | 6816 Sqft |
13132 9th Street, Chino, CA,91710 | $460,000 | -- | -- | -- | 6816 Sqft |
11940 Cayuga Place #100, Chino, CA,91710 | $538,000 | 2 | 2 | 1,336 | 1336 Sqft |
Monterey Avenue, Chino, CA,91710 | $200,000 | -- | -- | -- | 4200 Sqft |
4186 Riverside Drive, Chino, CA,91710 | $5,300,000 | -- | -- | -- | 197326.8 Sqft |
7046 Edinboro St, Chino, CA,91710 | $679,000 | 4 | 2 | 1,714 | -- |
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ByOwner last updated this listing 05/10/2024 @ 12:55
MLS: SR24069187
LISTED BY: Warren Berzack, Lee & Associates
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.