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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
Date Sold
March 20, 2024
Lot Size
4.7 Acres
MLS ID
IV24026671
Property Type
Land

Features & Amenities

Neighborhood
Chino
View Description
None
Water Source
See Remarks, Well
Utilities
Electricity Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Available, Water Available
Lot Features
Lot Over 40000 Sqft
Sales Price
$1,575,000
Zoning
SFR

Downloads

6566 Edison Avenue

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