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9669 8th St 9669 8th St 5 Unit Apartment Building $2,499,900 ($499,980/Unit) 5.71% Cap Rate Rancho Cucamonga, CA 91730
Investment Highlights
- Five freestanding homes with garages
- Significant upside from below-market rents
- Strong long-term appreciation potential here
- Zoned for mixed-use development flexibility
- Large 1.5-acre corner parcel
Executive Summary
Situated on approximately 1.5 acres, this offering comprises five freestanding two-bedroom homes, each featuring an attached garage and private fenced yard. The properties are fully occupied at below-market rents, providing significant upside potential for investors. One unit has been recently upgraded with a new roof, further supporting strong operational performance. The lot is zoned Center 1, allowing for mixed-use development with building heights up to four stories, creating a versatile opportunity for future expansion including residential over ground-floor retail or office use. Located near major thoroughfares, Metrolink rail service, Ontario International Airport, shopping destinations such as Victoria Gardens, and lifestyle amenities including sports complexes and entertainment venues, the site offers convenience and connectivity. Set amid Rancho Cucamonga’s vibrant community and robust employment base driven by healthcare and logistics, this property blends current income stability with significant long-term redevelopment potential.
Property Facts
| Price | $2,499,900 | Apartment Style | Low-Rise |
| Price Per Unit | $499,980 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.50 AC |
| Cap Rate | 5.71% | Building Size | 3,880 SF |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1940 |
| Property Subtype | Apartment | ||
| Zoning | MF - Multi-Family Dwelling | ||
| Price | $2,499,900 |
| Price Per Unit | $499,980 |
| Sale Type | Investment |
| Cap Rate | 5.71% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.50 AC |
| Building Size | 3,880 SF |
| No. Stories | 1 |
| Year Built | 1940 |
| Zoning | MF - Multi-Family Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0209-171-66 | Improvements Assessment | $1,055,000 |
| Land Assessment | $570,000 | Total Assessment | $1,625,000 |
Property Taxes
Parcel Number
0209-171-66
Land Assessment
$570,000
Improvements Assessment
$1,055,000
Total Assessment
$1,625,000
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