$1,575,000
$1,599,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
1,114 SqFt
SOLD DATE : 03/20/2024
Key Details
Sold Price $1,575,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,114 sqft
Price per Sqft $1,413
MLS Listing ID IV24026560
Sold Date 03/20/24
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1942
Lot Size 4.700 Acres
Property Sub-Type Single Family Residence
Property Description
Discover an enticing investment opportunity in Chino, where this property's prime location and flexible zoning beckon developers and investors alike. With its current zoning as SFR 4.5 complemented by the Measure Y overlay for multifamily units, the stage is set for a promising development venture.
Featuring a cozy 2-bed, 1-bath home spanning 1114 sqft, alongside a recently renovated spacious storage room, the property already boasts valuable assets. However, the true allure lies in its development prospects. The owner has meticulously researched the city's regulations and has a comprehensive site plan ready for submission, highlighting the potential for the construction of 5 duplexes and 5 ADUs in accordance with Measure Y's development code.
Investors can rest assured knowing they are tapping into a thriving market with this property. Its strategic location ensures easy access to amenities, transportation, and key facilities, making it an attractive prospect for future tenants or buyers. Don't miss out on this golden opportunity to unlock the full potential of this property and maximize your returns in Chino's flourishing real estate landscape.
Location
State CA
County San Bernardino
Area 681 - Chino
Rooms
Other Rooms Storage, Workshop
Main Level Bedrooms 2
Interior
Interior Features All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence Chain Link
Pool None
Community Features Street Lights
Utilities Available Electricity Connected, Sewer Available, Sewer Not Available, Water Available
View Y/N No
View None
Roof Type Composition
Porch None
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard, Lot Over 40000 Sqft
Story 1
Entry Level One
Sewer Septic Type Unknown
Water Well
Level or Stories One
Additional Building Storage, Workshop
New Construction No
Schools
School District Chino Valley Unified
Others
Senior Community No
Tax ID 1053251030000
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Standard
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Bought with XUEMEI SUN Pinnacle Real Estate Group
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