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32619891
33242918

8247 East 9th Street, Rancho Cucamonga, CA 91730

BT
CA CA 01919955
CBRE - Ontario
EC
CA 01489184
CBRE - Ontario
KS
CA 02020968
CBRE - Ontario
Listed by CBRE - Ontario
$1,200,000
29 days on market
Updated 10 days ago

8247 East 9th Street

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,152
Cap Rate 5.45%
NOI $65,378
Occupancy 100%
Pro-Forma Cap Rate 5.87%
Pro-Forma NOI $70,418
Price per SqFt $381
Year Built 1953
Year Renovated 2024
Buildings 2
Lot Size (SqFt) 7,897
Ground Lease No
Sale Condition N/A

Just Listed: 3-Unit Property in Rancho Cucamonga | SFR & Two Newly Constructed ADUsTools

Marketing description

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.

Investment highlights

  • STRATEGIC THREE-UNIT CONFIGURATION: Featuring a fully renovated primary residence and two brand-new 2024-built ADUs, offering a unique turn-key investment with modern infrastructure.
  • ATTRACTIVE YIELD & PRICING: Competitively priced at $400,000 per unit ($381/SF), delivering an immediate current cap rate of 5.45% with a pro forma upside of 5.87%.
  • ENERGY EFFICIENT SOLAR SYSTEM: Equipped with a 28-panel solar energy system and an upgraded electrical panel, providing massive utility offsets and longterm sustainability.
  • MODERNIZED & TURN-KEY INTERIORS: The property features completely modernized interiors across the primary residence and both brand-new ADUs. Modern finishes include new windows and doors, hardwoodstyle laminate flooring, contemporary kitchens equipped with stainless steel appliances, wall-mounted AC and heating systems, in-unit laundry, and a gated perimeter for enhanced security.
  • PRESTIGIOUS SCHOOL DISTRICT & REGIONAL EMPLOYMENT: Situated within the prestigious Chaffey Joint Union High School District—ranked #1 in San Bernardino County—and minutes from major regional employers like San Antonio Regional Hospital and Chaffey College, providing a consistent tenant base and unparalleled economic stability.
  • PRIME RANCHO CUCAMONGA “GATEWAY” LOCATION: Consistently ranked among the top 5 “Best Places to Live” in San Bernardino County, the city is noted for its high-quality lifestyle, high median household income, and proximity to premier shopping at Victoria Gardens and Ontario Mills.
  • UNMATCHED REGIONAL CONNECTIVITY: Strategically positioned near the I-210, I-10 and I-15 interchange, providing effortless access to a sophisticated transportation network and the future Brightline West high-speed rail flagship station.

Listing Contacts

BT
CA CA 01919955
CBRE - Ontario
EC
CA 01489184
CBRE - Ontario
KS
CA 02020968
CBRE - Ontario
Listed by CBRE - Ontario

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$65,378.00
$5,448.17/mo

Valuation Metrics

0
DSCR
5.45%
Cap Rate
5.45%
ROI

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Additional Information

Name
Blake Torgerson
License
CA 01919955
Brokerage
Blake Trorgerson
Title
Vice President
Brokerage Address
4141 Inland Empire Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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