8247 9th St - Multi-Family FOR SALE


Rancho Cucamonga, CA 91730
$1,200,000 USD
909-418-2071
8247 9th St, Rancho Cucamonga, CA for Sale
$1,200,000 USD
Multi-Family - FOR SALE
1/20
null | 5.45% Cap Rate

8247 9th St
Rancho Cucamonga, CA 91730


HIGHLIGHTS

  • STRATEGIC THREE-UNIT CONFIGURATION: Featuring a fully renovated primary residence and two brand-new 2024-built ADUs
  • ATTRACTIVE YIELD & PRICING Competitively priced at $400,000 per unit ($381/SF), delivering an immediate current cap rate of 5.45%
  • ENERGY EFFICIENT SOLAR SYSTEM: Equipped with a 28-panel solar energy system and an upgraded electrical panel, providing massive utility offsets
  • MODERNIZED & TURN-KEY INTERIORS: The property features completely modernized interiors across the primary residence and both brand-new ADUs
  • PRESTIGIOUS SCHOOL DISTRICT & REGIONAL EMPLOYMENT: Situated within the prestigious Chaffey Joint Union High School District
  • PRIME RANCHO CUCAMONGA “GATEWAY” LOCATION: Consistently ranked among the top 5 “Best Places to Live” in San Bernardino County

OVERVIEW

CBRE, as exclusive advisor, is pleased to present the opportunity to acquire 8247-8249 E 9th Street, a three-unit residential income property featuring a primary SFR and two newly constructed ADUs, located in the high-growth market of Rancho Cucamonga. This well-located asset consists of a primary single-family residence originally built in 1953 and two newly constructed Accessory Dwelling Units (ADUs) completed in 2024. The property features a fully upgraded front home and two newly built modern ADUs. The architecture blends mid-century charm with contemporary construction, highlighted by new windows, doors, and a 28-panel solar system paired with a newly upgraded electrical service panel designed to significantly reduce energy costs. Interior features include hardwood-style laminate flooring, stainless steel appliances, and in-unit laundry for the new units. Residents enjoy comfortable living with wall-mounted AC and heating systems. The gated property offers enhanced security and features a two-car detached garage, along with on-site parking and ample street parking. Financial Performance & Asset Value The offering presents a rare multifamily investment in the Rancho Cucamonga market competitively priced at $1,200,000, or $400,000 per unit. The asset is marketed at $381 per square foot with a unit mix consisting of one 1-bedroom/1-bathroom unit and two 3-bedroom/2-bathroom units. This stable investment provides immediate income security with a current cap rate of 5.45%. Savvy investors can capitalize on a pro forma cap rate of 5.87%. The property features a combination of drought-resistant landscaping with artificial turf grass surrounded by mature trees for budget-friendly, low-maintenance operations. Strategic Location & Regional Connectivity Rancho Cucamonga is widely recognized as one of the most desirable places to live in San Bernardino County, consistently ranking among the top 3–5 cities in the region for lifestyle, safety, and amenities. The location highlights include prime positioning within the highly prestigious Chaffey Joint Union High School District, consistently ranked as the top district in the county. Residents benefit from being near Los Amigos Elementary School and major employment centers like San Antonio Regional Hospital and Chaffey College. Furthermore, the property is strategically located near the future Brightline West flagship station, which will connect Rancho Cucamonga to Las Vegas by 2029. Whether for a first-time purchaser or a seasoned investor looking for a high-quality asset with minimal capital expenditure requirements, 8247-8249 E 9th Street offers an exceptional foothold in the thriving Inland Empire submarket.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$381 USD /SF

# OF UNITS

3

PRICE/UNIT

$400,000

CAP RATE

5.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8247-8249 E 9th Street, Rancho Cucamonga

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,897 SF

ZONING

-

APN/PARCEL ID

0207-243-09

ASK ABOUT THIS PROPERTY

Eric ChenCBRE, Inc.More Info
909-418-2071

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Eric ChenCBRE, Inc.More Info
909-418-2071

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.