8945 Hellman Avenue
Rancho Cucamonga, CA, 91730 $ 949,000
Baths1.0 Sq 1,578 Monthly Estimate*
$ 5,992
Listed by MARCUS & MILLICHAP
Studio for $949,000 with 1 full bath. This 1,578 square foot home was built in 1960 on a lot size of 0.6485.
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.
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FeaturesGeneralSewer Public Sewer
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1960
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Mixed Use
Gross Income 32760
Community Features Sidewalks
County San Bernardino
Net Operating Income 16358
Operating Expense 16402
Insurance Expense 1068
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Located on the Southeast Corner of Hellman Ave and 8th St.
City Rancho Cucamonga
Entry Location Street
Senior Community Y/N false
Number Of Units Total 2
MLS Area 688 - Rancho Cucamonga
Lot Size Units Square Feet
Lot Size Square Feet 28250
Carport Y/N true
Number of Units Leased 2
Listing Terms Cash to New Loan 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 750
Water Sewer Expense 1356
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 0
Total Actual Rent 2730
Property Sub Type Additional Mixed Use
Taxes 10028
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InteriorTotal Stories 1
Common Walls No Common Walls
Laundry Features Washer Hookup Gas Dryer Hookup
Entry Level 1
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ExteriorParking Features Attached Carport Driveway
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 0
Lot Size Area 28250
Number of Buildings 2
Building Area Total 1578
Lot Size Acres 0.6485
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded FeaturesList Bygisele.pinedo@marcusmillichap.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,992
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Rancho Cucamonga, CA
Average List Price $1,251,863
Percent of Sale Price 32%
About Rancho Cucamonga, CA 177,473 Population
39% Since 2002
$ 80,585 Median Income
36.62 Median Age
36% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/12/2026 | $949,000 | | Listed Price |