1279 Carbon Canyon Rd Chino Hills, CA 91709
This exceptional redevelopment opportunity presents a vacant eight-unit apartment building situated on three parcels totaling 16,252 square feet in Chino Hills, CA. Located at 1279 and 1283 Carbon Canyon Road, zip code 91709, this property offers significant potential for transformation. The existing structures, built sometime between the 1930s and 1950s, comprise three single-story buildings totaling between 3,585 and 4,995 square feet. Currently vacant, the property is zoned for Low Density Residential - Small Lot Overlay, aligning with the city's vision for redevelopment into smaller homes. The site boasts desirable features including backing to open spaces with a creek and waterfall. In addition to the eight units, a large auxiliary building is present. The property utilizes city water and a septic system. The asking price is $1,200,000, representing $150,000 per unit. Detailed site plans, zoning information, and location maps are available upon request. This distressed property presents a unique chance to capitalize on a prime location and favorable zoning regulations. All offers will be considered. The APN is 1000-093-42.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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