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13633 Pageantry Place Chino Hills, CA 91709

4 Beds 3 Baths 2,228 sqft Built 1987

$825,000

List Price

$2,790

$2.5K - $3K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1987
  • Price/Sqft : $370.29
  • 3 Days on Market
  • MLS # : TR21024597
  • Updated Date : 02/05/2021 at 12:19
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,228 sqft
  • Baths : 3 full
Listing Agent

King Realty Group Inc

Listing Agent's Description

Located in a highly desired North Chino Hills neighborhood, this home is ready for you to move in! Upon entering, you will appreciate the formal living / dining room that is spacious and perfect for gatherings. The kitchen offers plenty of storage cabinet space, granite countertops and stainless steel appliances. The family room, centered around the warm fireplace, is perfect for relaxing. First floor features a bedroom, full bath and laundry room. Upstairs the master suite has dual sink vanity, separate walk-in shower and walk-in closet with a large balcony off the suite with great city views. The second story has 2 additional bedrooms and a full bath. You will appreciate all the space the rear yard offers for entertaining. You will appreciate PAID FOR solar panels and a whole house soft water filtration and reverse osmosis system for drinking water. Located in the Heart of Chino Hills and close to all major shopping and dining locations. You don't want to miss the opportunity to make this your New Home!

SEE MORE

MARKET HIGHLIGHTS

  • Headquarters to several Fortune 500 companies: Amgen, Farmers Insurance, Walt Disney, Avery Dennison, Activision Blizzard, CBRE Group, Edison International, Molina Healthcare, First American Financial, Pacific Life, Qualcomm and Sempra Energy (Fortune, 2018)
  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 2018)
  • Southern California produces more technology PhDs per year than any other region in the country and many of the higher educated students stay within Souther California contributing to readily available workforce skills making the area more attractive than Silicon Valley (BCG, 2018)
  • Southern California's economy is worth $1.58 trillion in Gross Metro Product and projected to grow to $1.67 trillion (USMayors.org, 2018)
  • Southern California has 58.7% labor force participation rate; within this area, Los Angeles metro has 62.3% labor force participation rate (USMayors.org, 2018)
  • The area has major technology nodes of excellence: Los Angeles (Media and entertainment); Pasadena (High-tech engineering, data analytics); Riverside (Agtech, transportation/ distribution); San Diego (Healthcare, biotech, wireless communications); Irvine (Medtech, cyber security); El Segundo (Aerospace and defense IT, space transport) [BCG, 2018]
  • Los Angeles has been awarded the 2028 Olympics under a funding commitment of $88 billion to upgrade the transportation infrastructure connecting disparate pockets of the metro area. This is expected to produce additional employment in the coming years. (BCG, 2018)
  • As part of Southern California area, Inland Empire market inherits all the benefits from the area.

PRICE & RENT TRENDS

Neighborhood: Chino Hills

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700kPrice in $149k727k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Chino Hills

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q212001400160018002000220024002600Rent in $10822735

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Canyon Hills Junior High School Middle Regular 1,163 40 9
Ruben S. Ayala High School High Regular 2,606 98 10

Canyon Hills Junior High School

  • Education Level: Middle
  • # of students: 1,163
  • # of teachers: 40
9
GreatSchools Rating

Ruben S. Ayala High School

  • Education Level: High
  • # of students: 2,606
  • # of teachers: 98
10
GreatSchools Rating
 

$742,500$907,500$825,000

PURCHASE PRICE

$2,511$3,069$2,790

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,790
EXPENSES Loan Payment -$2,866
Property Tax -$793
Property Insurance -$81
Property Management Fees -$165
CASH FLOW
-$1,114

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$825,000

PROJECTED PRICE

$2,790

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.95%
Appreciation Year (1-5) 5.1%
Maintenance Year (1-5) 8.00%
Vacancy 5.35%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$224,375

INVESTMENT

$224,375

Down Payment
$206,250
Rehab Estimate
$5,750
Closing Costs
$12,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,866

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $206,250
Loan Amount $618,750
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$160

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,790

    LIST RENT
  • $1.25

    LIST RENT PER SQFT
  • $3,019

    COMP ESTIMATED VALUE
  • $1.36

    COMP AVG. RENT PER SQFT
Comps Range
$2,790
1$2,7902$3,0003$3,0004$3,0005$3,100
$3,100
RENT COMPS ANALYSIS
  • 13633 Pageantry Place Chino Hills, CA 1
    • 4 beds 3 baths ∙ 2,228 Sqft ∙ Built 1987 4 beds 3 baths ∙ 2,228 Sqft ∙ Built 1987
    • Rent
    • Rent Per SQFT
    •  
    • $2,790
    • $1.25
    •  
  • 13852 Shady Knoll Lane Chino Hills, CA 2
    • 4 beds 3 baths ∙ 2,308 Sqft ∙ Built 1988 4 beds 3 baths ∙ 2,308 Sqft ∙ Built 1988
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.30
    •  
  • 3299 Royal Ridge Road Chino Hills, CA 3
    • 4 beds 2 baths ∙ 2,088 Sqft ∙ Built 1987 4 beds 2 baths ∙ 2,088 Sqft ∙ Built 1987
    LEASED 09/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.44
    •  
  • 3342 Royal Ridge Road Chino Hills, CA 4
    • 4 beds 3 baths ∙ 2,237 Sqft ∙ Built 1987 4 beds 3 baths ∙ 2,237 Sqft ∙ Built 1987
    LEASED 07/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.34
    •  
  • 3282 Olympic View Drive Chino Hills, CA 5
    • 4 beds 3 baths ∙ 2,305 Sqft ∙ Built 1988 4 beds 3 baths ∙ 2,305 Sqft ∙ Built 1988
    LEASED 03/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.34
    •  
PROPERTY LISTING DETAILS
John Balsz
King Realty Group Inc
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: TR21024597
Last Updated: 02/05/2021
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