$3,150,000
$3,150,000
For more information regarding the value of a property, please contact us for a free consultation.
12811 9th ST Chino, CA 91710
8,464 SqFt
Key Details
Sold Price $3,150,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 8,464 sqft
Price per Sqft $372
MLS Listing ID SR24069187
Sold Date 05/17/24
HOA Y/N No
Year Built 1980
Lot Size 0.399 Acres
Acres 0.3994
Property Description
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.
Location
State CA
County San Bernardino
Area 681 - Chino
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Assigned
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Curbs, Street Lights, Sidewalks, Urban
Parking Type Assigned
Total Parking Spaces 20
Private Pool No
Building
Lot Description Garden, Lawn, Landscaped
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 1015612170000
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
Read Less
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 STEVEN BREMER • STEVEN BREMER, BROKER