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8945 Hellman Ave
Rancho Cucamonga, CA 91730
8945-8947 Hellman Ave · Multifamily Property For Sale
·
2 Units


Investment Highlights
- Low price per square foot of land at approximately $33.59
- Two detached single-family homes consisting of one 3-bedroom / 1-bath residence and one 2-bedroom / 1-bath residence
- Flexible investment opportunity for investors, owner-users, or developers
- Rare 28,250-square-foot Neo-Industrial (NI) zoned parcel
- Potential to add up to two additional ADUs and one Junior ADU (JADU), subject to City requirements and buyer verification
- Opportunity to explore future commercial, industrial, or redevelopment potential, subject to buyer verification with the City of Rancho Cucamonga
Executive Summary
Marcus & Millichap Real Estate Investment Services is pleased to present the opportunity to acquire **8945–8947 Hellman Avenue**, a unique property featuring two detached single-family homes situated on a **28,250-square-foot Neo-Industrial (NI)-zoned parcel** in Rancho Cucamonga, California. Offered at approximately **$33.59 per square foot of land**, the property provides investors, developers, and owner-users with an attractive opportunity to acquire industrial-zoned land in one of the Inland Empire’s most sought-after markets.
The surrounding area is home to major employers, distribution facilities, and commercial investment, while offering excellent connectivity via Interstate 10, Interstate 15, State Route 210, and Ontario International Airport. Rancho Cucamonga continues to attract significant business investment due to its central location, highly educated workforce, and pro-business environment.
The property currently features two detached single-family homes consisting of one three-bedroom/one-bathroom residence and one two-bedroom/one-bathroom residence, both of which are currently occupied. Whether an investor elects to maintain the property as a rental investment with the potential to add up to two additional ADUs and one Junior ADU (JADU), subject to City requirements and buyer verification; occupy one or both residences for an owner-user operation; or explore the property’s long-term redevelopment potential, the underlying Neo-Industrial (NI) zoning offers multiple investment strategies, subject to buyer verification with the City of Rancho Cucamonga.
The NI zoning is intended to accommodate a complementary mix of uses, including research and development, light manufacturing, engineering and design services, breweries, maker spaces, small-scale warehousing, distribution, accessory office, retail, and other innovative commercial uses.
Overall, the offering presents a rare opportunity to acquire a large **Neo-Industrial-zoned parcel** with exceptional long-term potential in one of the Inland Empire’s most desirable industrial markets. With multiple ownership strategies and the flexibility afforded by the underlying zoning, the property offers investors, developers, and owner-users a unique opportunity to maximize value over time.
**Showing / Other Remarks:** Please do not disturb tenants or walk onto the property and/or speak with anyone at the property. Interior inspections of both residences will only take place upon an accepted offer.
The surrounding area is home to major employers, distribution facilities, and commercial investment, while offering excellent connectivity via Interstate 10, Interstate 15, State Route 210, and Ontario International Airport. Rancho Cucamonga continues to attract significant business investment due to its central location, highly educated workforce, and pro-business environment.
The property currently features two detached single-family homes consisting of one three-bedroom/one-bathroom residence and one two-bedroom/one-bathroom residence, both of which are currently occupied. Whether an investor elects to maintain the property as a rental investment with the potential to add up to two additional ADUs and one Junior ADU (JADU), subject to City requirements and buyer verification; occupy one or both residences for an owner-user operation; or explore the property’s long-term redevelopment potential, the underlying Neo-Industrial (NI) zoning offers multiple investment strategies, subject to buyer verification with the City of Rancho Cucamonga.
The NI zoning is intended to accommodate a complementary mix of uses, including research and development, light manufacturing, engineering and design services, breweries, maker spaces, small-scale warehousing, distribution, accessory office, retail, and other innovative commercial uses.
Overall, the offering presents a rare opportunity to acquire a large **Neo-Industrial-zoned parcel** with exceptional long-term potential in one of the Inland Empire’s most desirable industrial markets. With multiple ownership strategies and the flexibility afforded by the underlying zoning, the property offers investors, developers, and owner-users a unique opportunity to maximize value over time.
**Showing / Other Remarks:** Please do not disturb tenants or walk onto the property and/or speak with anyone at the property. Interior inspections of both residences will only take place upon an accepted offer.
Property Facts
| Price Per Unit | $474,500 | Lot Size | 0.65 AC |
| Sale Type | Investment | Building Size | 1,578 SF |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1960 |
| Zoning | NI - Neo-Industrial zoning supports light manufacturing, R&D, creative industries, small-scale warehousing, retail, office, and limited residential uses. | ||
| Price Per Unit | $474,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.65 AC |
| Building Size | 1,578 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Zoning | NI - Neo-Industrial zoning supports light manufacturing, R&D, creative industries, small-scale warehousing, retail, office, and limited residential uses. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $1,365 | - |
| 2+1 | 1 | $1,365 | - |
Property Taxes
| Parcel Number | 0209-171-02 | Improvements Assessment | $405,000 |
| Land Assessment | $220,000 | Total Assessment | $625,000 |
Property Taxes
Parcel Number
0209-171-02
Land Assessment
$220,000
Improvements Assessment
$405,000
Total Assessment
$625,000
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