We are pleased to exclusively present a premier multifamily investment opportunity at 7440 Carnelian Street in Rancho Cucamonga, CA, offering a well-positioned asset in one of the Inland Empire's most sought-after residential submarkets. 7440 Carnelian Street sits on an ±8,400 square foot lot with a total rentable area of ±3,746 square feet. The property presents a diverse unit mix of one 2-bedroom/1-bathroom unit, one 2-bedroom/2-bathroom unit, and two 3-bedroom/2-bathroom units, averaging 938 square feet per unit. Interiors have been updated throughout, featuring new vinyl plank wood flooring, upgraded kitchen and bathroom cabinetry, updated fixtures, fully equipped kitchens with appliances, recessed lighting, and upgraded bathrooms. Select units include a private patio or porch, and all units are outfitted with security screen doors and individual wall air conditioning and heating. The front 3-bedroom unit features a brick fireplace, adding a distinctive character element rarely found in similarly sized assets. The property is well-maintained with lush, mature landscaping throughout, an on-site laundry room, and ample carport and surface parking. 7440 Carnelian Street is ideally situated in North Rancho Cucamonga, bordering Upland, providing residents with a quiet residential atmosphere while offering immediate access to the I-210 and I-15 freeways for seamless regional commuting. The Metrolink Rancho Cucamonga Station is conveniently nearby, offering tenants direct rail connectivity to Los Angeles Union Station and positioning the property as an ideal choice for transit-oriented renters. This strategic corridor along the 210 freeway makes the property equally accessible to employment centers across San Bernardino and Los Angeles counties. 7440 Carnelian Street is a stable asset in one of North Rancho Cucamonga's most established residential neighborhoods. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value in a premier Inland Empire investment market.
For sale
Listed by: CB RICHARD ELLIS • Eric Chen • Contact: 626-757-5717
$1,400,000
7440 Carnelian St, Rancho Cucamonga, CA 91730
10beds
3,746sqft
Quadruplex
Built in 1976
-- sqft lot
$1,384,700 Zestimate®
$374/sqft
$639/mo HOA
What's special
- 47 days
- 721
- 38
Zillow last checked:
Listing updated:
Listed by:
Eric Chen DRE #01489184 626-757-5717,
CB RICHARD ELLIS
Source: CRMLS,MLS#: CV26188324
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 7
- Full bathrooms: 7
- Main level bathrooms: 7
- Main level bedrooms: 10
Rooms
- Room types: Kitchen, Laundry
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 3,746 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
- Carport spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None, Association
- Spa features: None
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 8,400 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 0207491050000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks
HOA
- Has HOA: Yes
- Amenities included: Pool
- HOA fee: $7,667 annually
- HOA name: Creekside Village Homeowners Association
- HOA phone: 909-947-3152
Location
- Region: Rancho Cucamonga
Financial & listing details
- Price per square foot: $374/sqft
- Tax assessed value: $1,228,019
- Date on market: 8/27/2026
- Cumulative days on market: 47 days
- Listing terms: Cash,Cash to New Loan
Estimated market value
$1,384,700
$1.32M - $1.45M
$4,021/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Listed for sale | $1,400,000$374/sqft |
Source: | ||
| 9/9/2026 | Contingent | $1,400,000$374/sqft |
Source: | ||
| 8/27/2026 | Listed for sale | $1,400,000+23.4%$374/sqft |
Source: | ||
| 9/17/2021 | Sold | $1,134,500-1.3%$303/sqft |
Source: Public Record Report a problem | ||
| 8/24/2021 | Contingent | $1,149,000$307/sqft |
Source: | ||
| 8/16/2021 | Listed for sale | $1,149,000+112.8%$307/sqft |
Source: | ||
| 10/5/2011 | Sold | $540,000-29.8%$144/sqft |
Source: Public Record Report a problem | ||
| 2/1/2007 | Sold | $769,000+328.4%$205/sqft |
Source: Public Record Report a problem | ||
| 5/3/1999 | Sold | $179,500-32.9%$48/sqft |
Source: Public Record Report a problem | ||
| 5/13/1998 | Sold | $267,584+1%$71/sqft |
Source: Public Record Report a problem | ||
| 4/15/1996 | Sold | $265,000+52.3%$71/sqft |
Source: Public Record Report a problem | ||
| 11/28/1995 | Sold | $174,000+8.3%$46/sqft |
Source: Public Record Report a problem | ||
| 7/31/1995 | Sold | $160,650$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,228,019 +2% |
| 2025 | $13,457 +2.7% | $1,203,940 +2% |
| 2024 | $13,103 +2.2% | $1,180,334 +2% |
| 2023 | $12,819 +1.6% | $1,157,190 +2% |
| 2022 | $12,616 +75.8% | $1,134,500 +81.1% |
| 2021 | $7,176 +2.9% | $626,619 +1% |
| 2020 | $6,974 +0.5% | $620,194 +2% |
| 2019 | $6,941 -0.3% | $608,033 +2% |
| 2018 | $6,964 +5.1% | $596,111 +2% |
| 2017 | $6,629 | $584,423 +2% |
| 2016 | $6,629 +1.2% | $572,963 +1.5% |
| 2015 | $6,552 +1.1% | $564,356 +2% |
| 2014 | $6,483 | $553,301 +0.5% |
| 2013 | -- | $550,800 +2% |
| 2012 | -- | $540,000 -18.1% |
| 2011 | -- | $659,012 +0.8% |
| 2010 | -- | $654,086 -18.2% |
| 2009 | -- | $800,068 +2% |
| 2008 | -- | $784,380 +141.1% |
| 2007 | -- | $325,281 +2% |
| 2006 | -- | $318,902 +2% |
| 2005 | -- | $312,649 +2% |
| 2004 | -- | $306,518 +1.9% |
| 2003 | -- | $300,900 +2% |
| 2002 | -- | $295,000 +36.4% |
| 2001 | -- | $216,240 +3.4% |
| 2000 | -- | $209,100 |
Find assessor info on the county website
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