12520 Norton Ave, Chino, CA 91710
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12520 Norton Ave Chino, CA 91710

$1,200,000
  • 7 Beds
  • 17 Baths
  • 3,415 Sq.Ft.
For Sale
$1,200,000 Get Pre-Qualified

Map preview of 12520 Norton Ave, Chino, CA 91710

Property Overview: 12520 Norton Ave Chino, CA has 7 bedrooms, 17 bathrooms, 3,415 living square feet and 19,803 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this magnificent residence, offering unparalleled luxury and exceptional investment potential. Nestled on a generous .45-acre lot, this 8-bedroom, 5-bathroom home spans 3,415 sq ft and provides a versatile living space with endless opportunities. Step inside to discover an expansive floor plan bathed in Chino, CA. The gourmet kitchen is a culinary haven, equipped with tile countertops, a breakfast bar, and ample cabinetry. The adjacent family room, complete with a cozy fireplace, is perfect for entertaining and family gatherings. The property currently functions as a multifamily home, generating nearly $9,000 per month in rental income, making it a true cash cow with an impressive annual revenue of $107k. Bedrooms are generously sized, providing comfort and flexibility for tenants or family members. Outside, the expansive backyard is an entertainer's paradise with plenty of space for outdoor activities. The property includes paid-off solar panels, ensuring energy efficiency and significant savings. The 4-car garage offers approved plans for an ADU conversion, adding further value and rental potential. Additionally, there's RV access and ample room to build on the back of the property. Situated in a desirable Chino neighborhood, this home is conveniently located near top-rated schools, shopping centers, parks, and dining options. Whether you're looking for a luxurious family residence or a high-yield investment property, 12520 Norton Avenue is an exceptional opportunity. Don't miss out on this rare find. Schedule your private tour today and experience the unmatched lifestyle and investment potential this stunning home has to offer!

Listed by Lionel Franklin | BRE #01730363 | Keller Williams Realty Irvine
Last checked: 41 seconds ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
19,803
HOA Dues
$0/mo
Year built
1952
Garage
4 Car
Property Type:
Single Family Home
Status
Active
MLS#
OC24141732
City
Chino
County
San Bernardino
Time on Site
64 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Leased Units: 6
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 3
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,500
  • Total Rent: $6,500
  • Pro Forma/Market Rent: $7,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 8.2%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $104,400
  • Net Operating Income: $98,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,400
  • Electric: $0
  • Gas/Fuel: $2,400
  • Trash: $600
  • Insurance: $1,000
  • Professional Management: $0
  • Water/Sewer: $1,000

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Property Details for 12520 Norton Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Cul-De-Sac, Level with Street, Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 6
  • Parcel Number: 1016351190000
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Septic Type Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Ramona to Walnut to Norton
Neighborhood Information
  • Community Features: Street Lights, Urban
View more facts & features

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Sale History for 12520 Norton Ave

View property's historical transactions
  • July, 2024

  • Jul 16, 2024

    Date

    Active

    CRMLS: OC24141732

    $1,200,000

    Price

Tax History for 12520 Norton Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

12520 Norton Ave is listed 60.21% higher than the median list price for the city of Chino which has a median list price of $749,000. The median price per/sqft for Chino is $415 and this home is listed at $351.39 per/sqft which puts the price per square foot 15.33% lower than the median price per square foot for the city of Chino.

About 12520 Norton Ave

Detailed summary of property

12520 Norton Ave is a single family home located in Chino, CA 91710 and is currently for sale. This house offers 7 bedrooms, 17 bathrooms, roughly 3,415 living square feet, and sits on an approximately 19,803 square foot lot. 12520 Norton Ave was first listed on ArdentRealEstateGroup.com on July 16, 2024. The homeowner is currently asking $1,200,000. The median priced home in Chino is $749,000 with a median price per square foot of $415. Based on Ardent Real Estate Group's Chino Market Data, this home is listed 60.21% higher than the median priced home. Local competing homes currently for sale include 3285 Olympic View Dr, 3285 Olympic View Dr and 1308 S Helen Ave. While the average home in Chino, CA is selling in 42 days, 12520 Norton Ave has a days on market of 14 days. There are currently 220 homes for sale in the Chino real estate market and 136 of them are single family homes while 61 of them are condos and 23 are townhomes. For more information on this home for sale at 12520 Norton Ave Chino, CA 91710 contact Ardent Real Estate Group and we will put you in touch with one of our Chino agents.

Public Facts for 12520 Norton Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

91710 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$777,000
Median List Price/Sq.Ft.
$440
Median Sold Price
$781,500
Median Sold Price/Sq.Ft.
$397
Total Inventory
127
Median Sale to List Price %
100.33%
Avg Days on Market
27
Loan Type
Conventional (55.32%), FHA (4.26%), VA (4.26%), Cash (14.89%), Other (21.28%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.