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Key Details
Sold Price $375,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV23225577
Sold Date 01/08/24
HOA Y/N No
Lot Size 8,400 Sqft
Acres 0.1928
Property Description
These are the Lots you've been looking for!!! LOCATION ! LOCATION ! LOCATION ! These are 2 nice and flat infill residential lots side by side in the beautiful City of Chino Hills in the Los Serranos area. Both lots to be sold together which gives you a great price of $187,500 per lot which is an amazing deal in this area. Each lot is 4200 sq ft., check the mls to see that most lots sell for a lot more at this size. Owner has already paid for a survey and a lot merger and the City has approved the merger of the two lots if Buyer prefers 1 big large lot at 8400 sq ft. All that's left to do is for the owner to record the document with the County Recorders office. Build a house with an ADU on each lot or build rental units under SB9 that will allow you to build up to 4 total on each lot in 2024. Multiple exit strategies exist with these lots. Build, sell, save, and keep in your rental portfolio. Multi-unit properties in this area sell quick and for a premium, check the mls sales in the area. There are other 3-4 unit properties in the area within a mile. There is an existing garage that stretches across both lots, if you prefer the lots to be merged turn the garage into an ADU and build more units. Owner has no knowledge if the garage is permitted however no permit is required to turn it into a ADU under new laws. Run don't walk this lot should not last, hard to find lots to build on that look like this in a residential neighborhood. All utilities close by, and in the street. Should be easy to connect. Easy access to great schools, shops, golf course, public amenities, prestigio
These are the Lots you've been looking for!!! LOCATION ! LOCATION ! LOCATION ! These are 2 nice and flat infill residential lots side by side in the beautiful City of Chino Hills in the Los Serranos area. Both lots to be sold together which gives you a great price of $187,500 per lot which is an amazing deal in this area. Each lot is 4200 sq ft., check the mls to see that most lots sell for a lot more at this size. Owner has already paid for a survey and a lot merger and the City has approved the merger of the two lots if Buyer prefers 1 big large lot at 8400 sq ft. All that's left to do is for the owner to record the document with the County Recorders office. Build a house with an ADU on each lot or build rental units under SB9 that will allow you to build up to 4 total on each lot in 2024. Multiple exit strategies exist with these lots. Build, sell, save, and keep in your rental portfolio. Multi-unit properties in this area sell quick and for a premium, check the mls sales in the area. There are other 3-4 unit properties in the area within a mile. There is an existing garage that stretches across both lots, if you prefer the lots to be merged turn the garage into an ADU and build more units. Owner has no knowledge if the garage is permitted however no permit is required to turn it into a ADU under new laws. Run don't walk this lot should not last, hard to find lots to build on that look like this in a residential neighborhood. All utilities close by, and in the street. Should be easy to connect. Easy access to great schools, shops, golf course, public amenities, prestigious Serranos Canyon Golf Course & Country Club.
Location
State CA
County San Bernardino
Area Chino Hills (91709)
Building
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with ROBIN RICHARD • INLAND CITIES REALTY