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.