12520 Norton Avenue

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!

Listing information courtesy of: Lionel Franklin, Keller Williams Realty Irvine . *Based on information from the Association of REALTORS/Multiple Listing as of 10/18/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.