Introducing the Telephone Ave Development Opportunity in Chino: A prime investment in Southern California, this exceptional property spans 7.62 acres, offering a rare chance for visionary developers. Zoned for 12 lots, each with the potential for a duplex and 2 ADUs, this property allows for a total of 4 units per lot, creating an expansive opportunity to develop up to 48 units. The offering includes Parcel #1014-301-07-0000 and the adjacent Parcel #1014-301-01-0000, providing a comprehensive development package. Situated in the thriving city of Chino, this land is perfectly positioned to benefit from the area's rapid growth and expanding amenities. The property is currently undergoing the entitlement process, with plans in progress and subdivision underway by the owner, ensuring a streamlined transition for the new buyer. With Chino's zoning laws increasingly favoring higher-density residential projects, this property offers a unique opportunity to lead in the area's residential transformation. This development has the potential to yield significant profits and long-term capital appreciation. Don't miss your chance to shape the future of Chino's residential landscape. Welcome to Telephone Ave – where your next big venture begins!
Property Details
Property Features
Listing Office:
Office Name: eXp Realty of California Inc
Office Phone: (626) 235-1591
Listing Agent: Juan Ponce
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 7.62 Acres
Other
Directions Information:
Directions: Francis/Central
Price Information
Listing Price Info
Price Summary:
List Price: $4,500,000
Tax Information:
Annual Amount: $7,191
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Chino, CA.
This property is $3.7M more than the Median Sold Price in Chino, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PW23087670
Listing Office:
Office Name: eXp Realty of California Inc
Office Phone: (626) 235-1591
Listing Agent: Juan Ponce
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/14/2024, 12:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 08, 2004
Apr 08, 2004Home Sold
$650,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$7,191
$645,000
2020
$7,517
$715,500
2019
$7,164
$675,000
2018
$6,680
$644,800
2017
$6,065
$599,800
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
E. J. Marshall Elementary School
12045 Telephone Ave
Distance between this listing and this school0.64 miles
Public District Grades KG-6
6
/10
Mission Elementary School
5555 Howard St
Distance between this listing and this school0.73 miles
Public District Grades KG-6
6
/10
Howard Elementary School
4650 Howard St
Distance between this listing and this school0.87 miles
Public District Grades KG-6
Nearby Schools
7
/10
Oaks Middle School
1221 S Oaks Ave
Distance between this listing and this school1.15 miles
Public District Grades 7-8
5
/10
Ramona Junior High School
4575 Walnut Ave
Distance between this listing and this school1.53 miles
Public District Grades 7-8
6
/10
Lyle S. Briggs Fundamental
11880 Roswell Ave
Distance between this listing and this school1.69 miles
Public District Grades KG-8
Nearby Schools
5
/10
Chino High School
5472 Park Pl
Distance between this listing and this school1.56 miles
Public District Grades 9-12
6
/10
Ontario High School
901 W Francis St
Distance between this listing and this school1.59 miles
Public District Grades 9-12
2
/10
Park West High (Continuation)
1460 W Holt Ave Ste 100
Distance between this listing and this school1.97 miles
The neighbors living near this home have an average income of $62,911. Typical income of Chino, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 11547 Telephone Ave
What is the listing price of this property?
The listing price of 11547 Telephone Ave property is $4,500,000.
What type of property is this?
The property 11547 Telephone Ave is land located in Chino, California, 91710.
Is this property for sale now?
Active Listing: 11547 Telephone Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $7,191 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 8, 2004 for $650,000. (source: MLS/tax record).
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This home is located at 11547 Telephone Ave in Chino, CA and zip code 91710. This home sits on a 7.62 acre lot. It has been listed on Rocket Homes since May 19, 2023 and is currently priced at $4,500,000.
Over 31 listings were sold over their listed price in October 2024 in Chino, CA. In the same period over 14 listings were sold below the listed price and 16 listings were sold for the listed price. The number of listings in Chino, CA decreased by 2.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 24 days, the median list price was $742,750.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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