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Sold for $1,575,000
  • Listing Provided by: DALE FREITAS REALTY
    Bought with: Pinnacle Real Estate Group
    $1,575,000

    6566 Edison Ave, Chino, CA 91710

    --beds
    --baths
    4.7Acres
    Unimproved Land
    Built in ----
    4.7 Acres Lot
    $1,619,600 Zestimate®
    $--/sqft
    $2,625 Estimated rent

    Home value

    $1,619,600

    $1.43M - $1.85M

    $2,625/mo

    Zestimate® history
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    $9,973/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    DALE FREITAS DRE #00889422 909-239-3981,

    DALE FREITAS REALTY

    Bought with:

    XUEMEI SUN, DRE #02109108

    Pinnacle Real Estate Group

    Source: CRMLS,MLS#: IV24026671MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Property

    Features
    • Fencing: Chain Link
    • Has view: Yes
    • View description: None
    Lot
    • Size: 4.70 Acres
    • Features: Lot Over 40000 Sqft
    Details
    • Parcel number: 1053251030000
    • Zoning: SFR
    • Special conditions: Standard

    Utilities & green energy

    • Water: See Remarks, Well
    • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Available, Water Available

    Community & neighborhood

    Community
    • Community features: Street Lights
    Location
    • Region: Chino

    Other

    Other facts
    • Listing terms: Cash

    Price history

    DateEventPrice
    3/20/2024Sold$1,575,000-1.6%
    Source: CRMLS #IV24026671 Report a problem
    2/9/2024Contingent$1,599,900
    Source: CRMLS #IV24026671 Report a problem
    2/6/2024Price change$1,599,900+0.1%
    Source: CRMLS #IV24026671 Report a problem
    2/6/2024Listed for sale$1,599,000+52.3%
    Source: CRMLS #IV24026560 Report a problem
    2/8/2021Sold$1,050,000-12.5%
    Source: Public Record Report a problem
    12/29/2020Pending sale$1,200,000
    Source: CENTURY 21 MASTERS #CV20245767 Report a problem
    12/17/2020Listed for sale$1,200,000+9.6%
    Source: CENTURY 21 MASTERS #CV20245767 Report a problem
    6/4/2019Listing removed$1,095,000
    Source: Seven Gables Real Estate #PW18275273 Report a problem
    11/18/2018Listed for sale$1,095,000
    Source: Seven Gables Real Estate #PW18275273 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,184 +73.5%$1,606,500 +45.6%
    2024$12,211 +2.8%$1,103,656 +2%
    2023$11,873 -0.4%$1,082,016 +1%
    2022$11,916 +171.2%$1,071,000 +173.5%
    2021$4,394 +1.3%$391,591 +1%
    2020$4,337 +1.8%$387,576 +2%
    2019$4,262 +2.2%$379,976 +2%
    2018$4,169 +1.8%$372,526 +2%
    2017$4,095 $365,222 +2%
    2016$4,095 +7%$358,060 +1.5%
    2015$3,828 +2%$352,682 +2%
    2014$3,752 $345,773 +0.5%
    2013-- $344,211 +2%
    2012-- $337,462 +2%
    2011-- $330,845 +0.8%
    2010-- $328,372 -0.2%
    2009-- $329,152 +2%
    2008-- $322,698 +2%
    2007-- $316,371 +2%
    2006-- $310,168 +2%
    2005-- $304,086 +2%
    2004-- $298,123 +1.9%
    2003-- $292,659 +2%
    2002-- $286,921 +2%
    2001-- $281,295 +2%
    2000-- $275,779

    Find assessor info on the county website

    Neighborhood: 91710

    Nearby schools

    GreatSchools rating