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16801 Quail Country Avenue Chino Hills, CA 91709

5 Beds 4 Baths 2,830 sqft Built 2003

$885,000

List Price

$3,740

$3.5K - $4K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $312.72
  • 3 Days on Market
  • MLS # : TR21010846
  • Updated Date : 02/05/2021 at 06:50
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,830 sqft
  • Baths : 3 full , 1 half
Listing Agent

King Realty Group Inc

Listing Agent's Description

Own the pride and comfort of living in this welcoming and spacious home, situated in the highly desirable Pinehurst community. This home boasts of its neat curb appeal, timeless upkeep by its original owners along with a captivating view of its surrounding neighborhoods, lush greenery, hills, mountains and city lights from its vantage location! Experience the cozy feeling and seamless flow from the Entry Porch into the Living & Dining, Home Office, Kitchen with breakfast nook and walk-in Pantry, Family Room with fireplace and built-in entertainment niche, Powder Room, Laundry Room, 3- Car Garage and Backyard. Private quarters are upstairs -Master’s Suite with walk-in closet and a balcony overlooking the backyard and view. Along are four other Bedrooms - one is a Mini-Suite with its own T&B and walk-in closet. Also upstairs is a versatile Bonus Room which can be converted into the 5th Bedroom per originally approved plan. This masterpiece features wood & tile floors and dual-pane windows all throughout, plantation shutters, crown moldings, exquisitely crafted wood shelving and cabinetry, corian countertops, walk-in pantry and more!! Private Backyard will take your breath away. Covered Patio, exquisitely composed landscape and hardscape, well placed custom built Pergola and transparent glass fence, all together create a homey and serene ambiance. Great for entertaining, relaxation or private retreat from it all!!!

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
Robert O. Townsend Junior High School Middle Regular 1,082 39 8
Chino Hills High School High Regular 3,012 111 8
Chino Hills High School High Unknown NA

Robert O. Townsend Junior High School

  • Education Level: Middle
  • # of students: 1,082
  • # of teachers: 39
8
GreatSchools Rating

Chino Hills High School

  • Education Level: High
  • # of students: 3,012
  • # of teachers: 111
8
GreatSchools Rating

Chino Hills High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$796,500$973,500$885,000

PURCHASE PRICE

$3,366$4,114$3,740

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,740
EXPENSES Loan Payment -$3,074
Property Tax -$1,001
Property Insurance -$96
HOA -$189
Property Management Fees -$221
CASH FLOW
-$840

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.

$885,000

PROJECTED PRICE

$3,740

PROJECTED RENT

0.42%

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$2.5M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$240,275

INVESTMENT

$240,275

Down Payment
$221,250
Rehab Estimate
$5,750
Closing Costs
$13,275

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$3,074

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $221,250
Loan Amount $663,750
See What Happens When You Reinvest Cash Flow

1

YEARS SAVED

$3,669

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,740

    LIST RENT
  • $1.32

    LIST RENT PER SQFT
  • $3,721

    COMP ESTIMATED VALUE
  • $1.32

    COMP AVG. RENT PER SQFT
Comps Range
$3,600
1$3,6002$3,6003$3,7004$3,7405$3,900
$3,900
RENT COMPS ANALYSIS
  • 16801 Quail Country Avenue Chino Hills, CA 4
    • 5 beds 4 baths ∙ 2,830 Sqft ∙ Built 2003 5 beds 4 baths ∙ 2,830 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $3,740
    • $1.32
    •  
  • 5524 Lisboa Street Chino Hills, CA 1
    • 4 beds 4 baths ∙ 2,846 Sqft ∙ Built 2015 4 beds 4 baths ∙ 2,846 Sqft ∙ Built 2015
    LEASED 07/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.26
    •  
  • 17004 Amadora Drive Chino Hills, CA 2
    • 4 beds 3 baths ∙ 2,696 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,696 Sqft ∙ Built 2015
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.34
    •  
  • 17176 Guarda Dr Chino Hills, CA 3
    • 4 beds 4 baths ∙ 2,874 Sqft ∙ Built 2017 4 beds 4 baths ∙ 2,874 Sqft ∙ Built 2017
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $1.29
    •  
  • 5614 Lisboa Street Chino Hills, CA 5
    • 5 beds 5 baths ∙ 2,846 Sqft ∙ Built 2017 5 beds 5 baths ∙ 2,846 Sqft ∙ Built 2017
    LEASED 10/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.37
    •  
PROPERTY LISTING DETAILS
Tochie Hansell
King Realty Group Inc
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: TR21010846
Last Updated: 02/05/2021
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