6648 Riverside Drive 3, Chino, California 91710, Chino, - bed, bath

home-pic
ACTIVE$1,690,000
6648 Riverside Drive 3, Chino, California 91710
0Bed
0Bath
4,571Sqft
10,250Lot
Year Built
2007
Close
-
List price
$1.69M
Original List price
$1.69M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
TR25137209
Home ConditionGood
Features
Good View:
Deck
Patio
View-

About this home

Great opportunity to own a newer 3-unit townhome located in the heart of Chino. Each unit is approximately 1,400 sq ft and in excellent condition—perfect for investors seeking stable rental income. The homes feature upgraded wood and tile flooring, granite kitchen countertops, and a master bathroom with a relaxing jacuzzi tub. Additional features include custom paint, ceiling fans, recessed lighting, private balconies, attached two-car garages, and private backyards. All major appliances are included—stainless steel refrigerator, stove with oven, microwave, dishwasher, washer, and dryer. All three units are fully occupied with great tenants and generate consistent, stable income. This is a well-maintained investment property in a highly desirable area of Chino.

Nearby schools

5/10
Alicia Cortez Elementary School
Public,K-60.6mi
3/10
Magnolia Junior High School
Public,7-80.6mi
5/10
Chino High School
Public,9-121.5mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (13 Listings)
Beds03
Baths03
Square foot4,5711,354
93%
Lot Size10,2501,414
93%
Price$1.69M$555K
93%
Price per square foot$370$399
29%
Built year20079931003
79%
HOA$246.5
Days on market132197
21%
Condition Rating
Good

The property was built in 2007, placing it within the 'good' condition range. The listing mentions upgraded wood and tile flooring, granite kitchen countertops, and a jacuzzi tub in the master bathroom. The images show well-maintained interiors and exteriors. While not brand new, the property appears to be in good condition and move-in ready, with no immediate renovations required.
Pros & Cons

Pros

Income Potential: The property consists of three fully occupied units, providing a consistent and stable rental income stream, making it an attractive investment opportunity.
Excellent Condition: Each unit is described as being in excellent condition, minimizing immediate repair or renovation costs for the investor.
Desirable Location: Located in a highly desirable area of Chino, which likely contributes to tenant demand and property value appreciation.
Modern Upgrades: Features upgraded wood and tile flooring, granite kitchen countertops, and a master bathroom with a jacuzzi tub, enhancing tenant appeal.
Included Appliances: All major appliances (refrigerator, stove, microwave, dishwasher, washer, and dryer) are included, reducing move-in costs for tenants and potentially increasing rental rates.

Cons

HOA Fees: As a townhome, there are likely HOA fees associated with the property, which would impact the net operating income.
Tenant Turnover Costs: While currently fully occupied, there will be inevitable tenant turnover, leading to vacancy periods and associated costs (marketing, cleaning, etc.).
Management Responsibilities: Managing three rental units requires time and effort, whether self-managed or outsourced to a property management company, impacting profitability.

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