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12811 9th Street, Chino, CA 91710

Property

12811 9th Street, Chino, CA 91710 Sold May 2024 CRMLS
$3,150,000Sold May 2024

Listing Agent: Warren Berzack (DRE #01329015) · Listing Office: Lee & Associates · Contact: 818-269-2979 · Bought with: STEVEN BREMER · STEVEN BREMER, BROKER · MLS #SR24069187 · Source: CRMLS

17,400 sqft
Lot Size
1980
Year Built
Property
Type
2
Stories
10
Garage

About this property

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.

Listing description from the May 2024 sale, as reported to CRMLS.

Sale history

$3,150,000
Sold May 2024 · on market April 2024 · MLS #SR24069187 · Source: CRMLS
Listing Agent: Warren Berzack · Listing Office: Lee & Associates · Contact: 818-269-2979 · Bought with: STEVEN BREMER · STEVEN BREMER, BROKER
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