9669 Eighth ST, Rancho Cucamonga, CA 91730
9669 Eighth ST, Rancho Cucamonga, CA 91730
9669 Eighth ST, Rancho Cucamonga, CA 91730
9669 Eighth ST, Rancho Cucamonga, CA 91730
9669 Eighth ST, Rancho Cucamonga, CA 91730
9669 Eighth ST, Rancho Cucamonga, CA 91730
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$ 2,499,900
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1.5 Acres Lot


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$ 2,499,900
Est. payment | /mo
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1.5 Acres Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26125123

HOA Y/N No

Year Built 1940

Lot Size 1.500 Acres

Property Sub-Type Multi Family

Property Description

* Mixed Use Development Opportunity * This property has a unique combination of features that make it highly desirable in the current market. Primary is the 5 free-standing, 2-bedroom residential homes with attached garages and fenced in back yards. One home has recently installed roof. Each home is leased at below-market rates, so there's upside potential. The huge 1.5 Acre lot premium is significant for future potential development and elevates the property's overall ceiling. This versatile space is zoned Mixed Use Center 1, which is suitable for Mixed Uses such as storage facility, church, Office and professional uses and other business opportunities. Above the ground floor commercial usses, City code allows for residential Townhomes "building heights up to 4 stories, compact and connected environment, medium intensity development."

The strategic location offers easy access to major roadways, Metrolink station with direct rail link to Union Station in Downtown LA, rail hubs, premier shopping venues such as Victoria Gardens, lifestyle amenities such as Wineries and fine dining venues, the EpiCenter Stadium & Sports Complex, Toyota Arena & Events Center, nearby Ontario International Airport, all set amidst award-winning schools, colleges and trade schools. It's truly an incredible blend of suburban convenience, stunning mountain backdrops and top-tier amenities that translate directly into high tenant demand, premium rental rates and strong long-term property appreciation.

The economic profile for 9669 Eighth Street is incredibly robust with a high potential to achieve a high Cap rate. The blend of high-earning professionals, the solid stability of the local healthcare and logistics industries makes this a high-demand area for savvy Mixed Use investors.

Buyers are encouraged to conduct their own due diligence and verify all allowed uses, zoning and details related to the property prior to making any decisions.

Location

State CA

County San Bernardino

Area 688 - Rancho Cucamonga

Interior

Heating Floor Furnace, Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry In Garage

Exterior

Utilities Available Sewer Connected

Present Use Multi-Family

Building

Lot Description Corner Lot, Lot Over 40000 Sqft, Value In Land

Story 1

Water Public

Others

Tax ID 0209171660000

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Trust

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Blanca Arellano-Adams Elevate Real Estate Agency 909-262-8844, DRE #01291487

Nearby Locations

Jeffrey Walker

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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9669 Eighth ST

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