$2,288,000
For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 09/29/2021
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR21174374
Sold Date 09/29/21
HOA Y/N No
Year Built 1963
Lot Size 0.264 Acres
Property Sub-Type Mixed Use
Property Description
Hard to find 10 unit apartment complex located in the investor-sought location of Chino. Surrounded by single family residential neighborhood (will likely provide great value retention and ROI) with quick accessibility to shopping plazas, restaurants, banks, schools, and easy access to 60 & 71 FWY. Strong income potential due to currently low rent rates, property has 8 units of 2B1B & 2 units of 1B1B. First time on market in 40 years!! Property has been maintained in very good condition with newly painted exterior, roof installed in 2018, and no rent deferment agreement (all tenants paid during pandemic). No flood damage insurance claim within the last 2 years, no known easements. Clean & Ready for an investor who is looking to add to their portfolio.
Location
State CA
County San Bernardino
Area 681 - Chino
Interior
Heating Natural Gas, Wall Furnace
Fireplace No
Laundry Laundry Room
Exterior
Garage Spaces 13.0
Garage Description 13.0
Fence Good Condition, Wrought Iron
Pool None
Community Features Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N Yes
View Neighborhood
Roof Type Flat
Total Parking Spaces 13
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 1020023170000
Security Features Resident Manager
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Katherine Wang • RE/MAX Universal Realty