12765-12777 Yorba Ave - Apartments FOR SALE


Chino, CA 91710
$2,400,000 USD
909-606-1512
12765-12777 Yorba Ave, Chino, CA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/24
null | 4.02% Cap Rate

12765-12777 Yorba Ave
Chino, CA 91710


HIGHLIGHTS

  • Stable income-generating investment
  • Strong Rental Income and Additional income from garage rental & laundry facility
  • Future Development Opportunity - Nearly half an acre additional land
  • Great unit mix with 3 br, 2 br, 1 br, and studio units
  • Recently renovated and well-maintained asset
  • Expanding local economy fueling continued housing demand

OVERVIEW

Desirable seven (7) units single-story multi-family asset situated on a large lot offering future development opportunity. This property consists of a unique mix of (1) three-bedroom/one-and-a-half-bathroom main house, (1) two-bedroom/one-bathroom, (4) one-bedroom/one-bathroom, and (1) studio. The property highlights pride of ownership with consistent upgrades and renovations including a new roof. All units have new dual pane windows and most units have renovated interiors including new laminate wood flooring, modern tiled showers, upgraded kitchen counters and new cabinets, and mini split a/c units. In addition, this property offers ample parking including (1) two-car garage, (3) one-car garages, (6) covered parking spaces and (4) uncovered parking spaces. Tenants pay additional rent for enclosed garages. There is a detached coin-operated laundry facility onsite for additional income as well. Built on a large lot, this property offers nearly half an acre of land for possible future housing development. All Tenants received an increase in rent as of Fall 2024. This property is conveniently located within walking distance to the Ramona Jr. High School. Contact us for a Private Tour.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$266 USD /SF

# OF UNITS

7

PRICE/UNIT

$342,857

CAP RATE

4.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,570 SF

ZONING

RD.45

APN/PARCEL ID

1016-434-16

ASK ABOUT THIS PROPERTY

Kavita Kaur BhatiaKavita Kaur BhatiaMore Info
909-606-1512

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Kavita Kaur BhatiaKavita Kaur BhatiaMore Info
909-606-1512

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.