12520 Norton AVE Pending

Chino,CA 91710

$ 1250000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

MLS Listing ID OC24141732

Year Built 1952

Lot Size 0.455 Acres

Property Description

Welcome to this magnificent residence, offering unparalleled luxury and exceptional investment potential. Nestled on a generous .45-acre lot, this 8-bedroom, 5-bathroom home spans 3,415 sq ft and provides a versatile living space with endless opportunities. Step inside to discover an expansive floor plan bathed in Chino, CA. The gourmet kitchen is a culinary haven, equipped with tile countertops, a breakfast bar, and ample cabinetry. The adjacent family room, complete with a cozy fireplace, is perfect for entertaining and family gatherings. The property currently functions as a multifamily home, generating nearly $9,000 per month in rental income, making it a true cash cow with an impressive annual revenue of $107k. Bedrooms are generously sized, providing comfort and flexibility for tenants or family members. Outside, the expansive backyard is an entertainer's paradise with plenty of space for outdoor activities. The property includes paid-off solar panels, ensuring energy efficiency and significant savings. The 4-car garage offers approved plans for an ADU conversion, adding further value and rental potential. Additionally, there's RV access and ample room to build on the back of the property. Situated in a desirable Chino neighborhood, this home is conveniently located near top-rated schools, shopping centers, parks, and dining options. Whether you're looking for a luxurious family residence or a high-yield investment property, 12520 Norton Avenue is an exceptional opportunity. Don't miss out on this rare find. Schedule your private tour today and experience the unmatched lifestyle and investment potential this stunning home has to offer!

Location

State CA

County San Bernardino

Area 681 - Chino

Interior

Heating Central

Cooling Central Air,Wall/Window Unit(s)

Laundry Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights,Urban

Building

Lot Description 0-1 Unit/Acre,Corner Lot,Cul-De-Sac,Level,Street Level

Story 1

Sewer Septic Type Unknown

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan,Conventional,FHA,VA Loan,VA No Loan,VA No No Loan

Listing Terms Cash,Cash to New Loan,Conventional,FHA,VA Loan,VA No Loan,VA No No Loan

Special Listing Condition Standard

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