$10,000
closing credit¹
12785 Monte Vista Ave Chino, CA 91710
Property details
About 12785 Monte Vista Ave
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.
Highlights
Summary
- MLS Number: 24462645
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Phone: (310) 909-5500
- Listing Agent: Oscar Diaz
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,195,000
12785 Monte Vista Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 24, 1989 | Home Sold | $180,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $331,173 | $3,640 |
| 2023 | $324,679 | $3,640 |
| 2022 | $318,313 | $3,619 |
| 2021 | $312,071 | $3,548 |
| 2020 | $308,871 | $3,443 |
History based on county public records data.
Nearby schools
6
Anna A. Borba Fundamental Elementary School
Public District KG-6
0.2 mi
•4980 Riverside Dr
5
Walnut Avenue Elementary School
Public District KG-6
0.9 mi
•5550 Walnut Ave
7
E. J. Marshall Elementary School
Public District KG-6
1.0 mi
•12045 Telephone Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,768. The most common annual income of people living in Chino, CA is between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Soccer
College Basketball
Hiking/backpacking
Where do the neighbors shop?
Burlington
Dillards
Nordstrom Rack
Where do the neighbors go to eat?
Wingstop
Logan's Roadhouse
Chipotle
What do the neighbors drive?
Nissan
Hyundai
Mazda
What do the neighbors listen to?
Christian Adult Contemporary
Rock
Talk/Personality
Frequently asked questions
About 12785 Monte Vista Ave
This home is located at 12785 Monte Vista Ave in Chino, CA and zip code 91710. This 2,340 square foot home, which was built in 1938, sits on a 0.15 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $1,195,000.
In December 2024, from all listings sold in Chino, CA there were more than 15 sold above asking price, over 16 sold below and more than 9 were sold right at the asked price. The number of listings in Chino, CA decreased by 7.6% between November and December 2024. While the average time on the market in December 2024 was 26 days, the median list price was $734,333.