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12811 9Th St, Chino, CA 91710
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12811 9Th St Chino, CA 91710

$3,150,000
  • 16 Beds
  • 10 Baths
  • 8,464 Sq.Ft.
For Sale
$3,150,000 Get Pre-Qualified
Map preview of 12811 9Th St, Chino, CA 91710

Property Overview: 12811 9Th St Chino, CA has 16 bedrooms, 10 bathrooms, 8,464 living square feet and 17,400 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: 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.

Listed by Warren Berzack | BRE #01329015 | Lee & Associates
Last checked: 1 minute ago | Last updated: April 8th, 2024 | Source CRMLS | DOM: 18
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Home details

Lot Sq. Ft
17,400
HOA Dues
$0/mo
Year built
1980
Garage
10 Car
Property Type:
Apartment
Status
Active
MLS#
SR24069187
City
Chino
County
San Bernardino
Time on Site
23 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 2
  • # of Electric Meters: 11
  • # of Gas Meters: 11
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,671
  • Total Rent: $6,686
  • Pro Forma/Market Rent: $7,180
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,918
  • Total Rent: $11,508
  • Pro Forma/Market Rent: $13,770
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.2%
  • Gross Rent Multiplier: 14.35
  • Gross Scheduled Income: $219,523
  • Net Operating Income: $132,218
  • Gross Operating Income: $212,938
  • Vacancy Allowance: $6,586
Annual Expense Breakdown
  • Total Operating Expense: $80,720
  • Electric: $1,703
  • Gas/Fuel: $0
  • Licenses: $100
  • New Taxes: $37,800
  • Trash: $2,000
  • Gardener: $2,400
  • Insurance: $8,864
  • Maintenance: $14,812
  • Professional Management: $0
  • Water/Sewer: $6,000
  • Other Expenses: $900
  • Other Expense Description: Misc

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Property Details for 12811 9Th St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 10
  • # of Parking Spaces: 20
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Garden, Landscaped, Lawn, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 10
  • Parcel Number: 1015612170000
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Riverside Drive
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
View more facts & features

Local Chino Agent

Sale History for 12811 9Th St

Last sold for $467,000 on August 31st, 2018

  • April, 2024

  • Apr 8, 2024

    Date

    Active

    CRMLS: SR24069187

    $3,150,000

    Price

  • August, 2018

  • Aug 31, 2018

    Date

    Sold (Public Records)

    Public Records

    $467,000

    Price

Show More

Tax History for 12811 9Th St

Assessed Value (2020): $993,207
Year Land Value Improved Value Assessed Value
2020 $240,183 $753,024 $993,207

Home Value Compared to the Market

This property vs the competition

12811 9Th St is listed 348.15% higher than the median list price for the city of Chino which has a median list price of $702,888. The median price per/sqft for Chino is $397 and this home is listed at $372.16 per/sqft which puts the price per square foot 6.26% lower than the median price per square foot for the city of Chino.

About 12811 9Th St

Detailed summary of property

12811 9Th St is a apartment located in Chino, CA 91710 and is currently for sale. This apartment offers 16 bedrooms, 10 bathrooms, roughly 8,464 living square feet, and sits on an approximately 17,400 square foot lot. 12811 9Th St was first listed on ArdentRealEstateGroup.com on April 8, 2024. The homeowner is currently asking $3,150,000. The median priced home in Chino is $702,888 with a median price per square foot of $397. Based on Ardent Real Estate Group's Chino Market Data, this home is listed 348.15% higher than the median priced home. Local competing homes currently for sale include 1551 W Ball Rd, 12310 La Pomelo Rd and 12702 Morningside Ave. While the average home in Chino, CA is selling in 43 days, 12811 9Th St has a days on market of 18 days. There are currently 138 homes for sale in the Chino real estate market and 68 of them are single family homes while 45 of them are condos and 25 are townhomes. For more information on this home for sale at 12811 9Th St Chino, CA 91710 contact Ardent Real Estate Group and we will put you in touch with one of our Chino agents.

Public Facts for 12811 9Th St

Public county record property details
Beds
--
Baths
--
Year built
1980
Sq. Ft.
8,464
Lot Size
17,400
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
61
APN
1015-612-17-0000

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
$750,000
Median List Price/Sq.Ft.
$409
Median Sold Price
$745,000
Median Sold Price/Sq.Ft.
$412
Total Inventory
75
Median Sale to List Price %
107.19%
Avg Days on Market
38
Loan Type
Conventional (42.11%), FHA (15.79%), VA (5.26%), Cash (26.32%), Other (10.53%)

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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.

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