$825,000
$920,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
6,799 Sqft Lot
SOLD DATE : 06/20/2024
Key Details
Sold Price $825,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR23177151
Sold Date 06/20/24
HOA Y/N No
Year Built 1948
Lot Size 6,799 Sqft
Property Description
Welcome 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.
Location
State CA
County San Bernardino
Area 681 - Chino
Interior
Heating Central
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Street Lights, Suburban, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard, Rectangular Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 1020031200000
Energy Description 768.0
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Ni Doherty • IRN Realty