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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.

Overview

Property Status
Sold
Lot Size
4.7 Acres
MLS ID
IV24026560
Property Type
Residential
Year Built
1942

Features & Amenities

Neighborhood
Chino
View Description
None
Stories
1
Garage Spaces
2.0
Water Source
Well
Utilites
Electricity Connected, Sewer Available, Sewer Not Available, Water Available
Pool
None
Roof
Composition
Lot Features
Back Yard, Front Yard, Lot Over 40000 Sqft
Heat Type
Wall Furnace
Air Conditioning
Wall/Window Unit(s)
Sewer
Septic Type Unknown
School District
Chino Valley Unified
Sales Price
$1,575,000

Downloads

6566 Edison Avenue

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