Movoto Real Estate
Sold on 01/31/2025

12785 Monte Vista Ave, Chino, CA 91710

  • $1,159,000

    Last sold 01/31/2025 for $1.15M

  • 7

    bed

  • 4

    bath

  • 2,340

    Sqft ($491/Sqft)

Multi-family not for sale
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About 12785 Monte Vista Ave

Property type Multi-family
Neighborhood
Year built 1938
HOA fee $0/month
Lot size 6,500 Sqft
Movoto estimate
Property description
We are pleased to present 12785 Monte Vista Avenue, a rare 4-unit multifamily property located in the desirable city of Chino, California. The property features an ideal unit mix of three 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, totaling 2,340 square feet of living space. All units are single-story and situated in a quiet residential neighborhood, offering a peaceful living environment for tenants. The property sits on a 6,500-square-foot corner lot, consisting of two duplexes, each with garage parking and additional open parking spaces. All units are separately metered for gas and electricity, helping reduce operating expenses for the owner. Currently operating at a 5.04% cap rate, the property has 27.4% upside in rents, with market rents supporting a 7.01% pro forma cap rate. This investment is positioned in a highly supply-constrained market, with only two comparable 2-4 unit properties sold this year and fewer than 50 fourplexes in the entire city. Opportunities to acquire multifamily assets in Chino are limited, which ensures strong long-term value retention for investors. The property offers excellent access to major transportation routes, including the 60 and 71 Freeways, providing direct connections to Ontario International Airport, Chino Hills Shopping Center, and key employment centers across the Inland Empire. Residents also benefit from nearby local shops, restaurants, and entertainment options, making this an attractive location for long-term tenants seeking both convenience and comfort.
Listed by
Listing Agent - Oscar Diaz
Listing Office - Marcus & Millichap
Source: The MLS mls logo
MLS#24-462645 • last updated 1 year ago
Movoto checked The MLS for data 6 minutes ago
Overview
Levels/Style One
MLS # 24-462645
Type Residential Income
Status Sold
SqFt 2340
Lot Size (SqFt) 6500
Lot Size (Acres) 0.1492
Year Built 1938
Interior
Total # of Baths 4
Total # of Bedrooms 7
Exterior
# Parking Spaces 4
Parking Desc Other
Add'l Structures None
Amenities / Utilities
Equipment Other
Location
County San Bernardino
APN 1015-641-02-0000
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 4: Furnished No
Unit 3: Projected Rent 2495
Unit 1: Projected Rent 1950
Unit 1: # Beds 1
Unit 4: # Beds 2
Unit 1: Rent 1425
Unit 2: Rent 1986
Unit 3: Rent 1681
Unit 4: Rent 2300
Unit 2: Furnished No
Unit 2: Projected Rent 2495
Unit 4: Projected Rent 2495
Unit 3: # Beds 2
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 4: # Baths 1
Unit 4: Actual Rent 2300
Unit 2: Actual Rent 1986
Unit 3: Actual Rent 1681
Unit Type 2106, 2107, 2108, 2109
Unit 1: Actual Rent 1425
Total # Of Buildings 1
Net Operating Income 60245
Gross Income 86043
Gross Operating Income 86043
Gross Rent Multiplier 13.47
Total Annual Expenses 25798
$1.15M
Range: $1.04M-$1.27M
Last 30 days 
  • Feb 2025
    mls logo MLS # 24-462645
  • Feb 7, 2025 Sold
    $1,150,000 (-3.8%)
  • Nov 12, 2024 Listed
    $1,195,000
  • 12785 Monte Vista Ave
    $1.15M
  • Chino
  • 91710
    $825K +3% y/y
  • Chino
    $799K +1% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 12785 Monte Vista Ave
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