8945 Hellman Avenue,Rancho Cucamonga, CA 91730
Rancho Cucamonga, CA 91730
Description
We are 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.
Details
| MLS | CV26176344 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 30 |
| Listing Provided By | MARCUS & MILLICHAP | Gisele Pinedo |
Features
| SQ Feet | 1,578 |
|---|---|
| Car Port | Yes |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 2 |
| Acreage | 0.65 |
Exterior
| Lot Features | Two To Five Units Acre |
|---|
Parking
| Parking Features | Attached Carport, Driveway |
|---|---|
| Garage Yes / No | No |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | San Bernardino |
| City | Rancho Cucamonga |
| Zip Code | 91730 |
| Area | 688 Rancho Cucamonga |
| Listing VS Median (in 91730) | |
Price: $949,000 low | high Med: $588,000 sqft: 1,578 low | high Med: 1,417 $ / sqft: $601 low | high Med: $415 On site: 30 low | high Med: 7 | |
Market Activity 91730
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | Rancho Cucamonga |
| Zip Code | 91730 |
| Area | 688 Rancho Cucamonga |
| Listing VS Median (in 91730) | |
Price: $949,000 low | high Med: $588,000 sqft: 1,578 low | high Med: 1,417 $ / sqft: $601 low | high Med: $415 On site: 30 low | high Med: 7 | |