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Sold for $720,000
  • Listed by: MARCUS & MILLICHAP • Gisele Pinedo • 909-456-3400
    Bought with: Lyon Stahl Investment Real Est
    Zestimate®
    $720,000

    8945 Hellman Ave, Rancho Cucamonga, CA 91730

    5beds
    2baths
    1,578sqft
    Mixed Use
    Built in 1960
    -- sqft lot
    $720,000 Zestimate®
    $456/sqft
    $2,676 Estimated rent

    Home value

    $720,000

    $655,000 - $792,000

    $2,676/mo

    Zestimate® history
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    $2,676/mo

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    $4,821/mo

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    $4,821/mo

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    What's special

    Two detached single-family homes
    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 $31.82 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gisele Pinedo DRE #02188347 909-456-3400,

    MARCUS & MILLICHAP,

    Kevin Struve DRE #01266441,

    MARCUS & MILLICHAP

    Bought with:

    Boris Almengor, DRE #02092597

    Lyon Stahl Investment Real Est

    Source: CRMLS,MLS#: CV26176344MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Appliances
    • Laundry: Washer Hookup, Gas Dryer Hookup
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,578
    • Total interior livable area: 1,578 sqft

    Property

    Parking
    • Parking features: Attached Carport, Driveway
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Street
    • Pool features: None
    Lot
    • Size: 0.65 Acres
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 0209171020000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Rancho Cucamonga

    Financial & listing details

    • Price per square foot: $456/sqft
    • Tax assessed value: $237,457
    • Date on market: 8/12/2026
    • Cumulative days on market: 43 days
    • Listing terms: Cash to New Loan,1031 Exchange
    • Total actual rent: 2730
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    10/23/2026Sold$720,000-19.9%$456/sqft
    Source: CRMLS #CV26176344 Report a problem
    9/25/2026Contingent$899,000$570/sqft
    Source: CRMLS #CV26176344 Report a problem
    9/11/2026Price change$899,000-5.3%$570/sqft
    Source: CRMLS #CV26176344 Report a problem
    8/12/2026Listed for sale$949,000$601/sqft
    Source: CRMLS #CV26176344 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $237,457 +2%
    2025$2,546 +2.7%$232,801 +2%
    2024$2,479 +2.3%$228,236 +2%
    2023$2,424 +1.8%$223,761 +2%
    2022$2,381 +0.9%$219,373 +2%
    2021$2,360 +1.8%$215,071 +1%
    2020$2,319 +0.5%$212,866 +2%
    2019$2,307 +2.5%$208,692 +2%
    2018$2,250 +3.7%$204,600 +2%
    2017$2,170 $200,589 +2%
    2016$2,170 +1.3%$196,656 +1.5%
    2015$2,142 +0.7%$193,702 +2%
    2014$2,128 $189,908 +0.5%
    2013-- $189,049 +2%
    2012-- $185,342 +2%
    2011-- $181,708 +0.8%
    2010-- $180,350 -0.2%
    2009-- $180,779 +2%
    2008-- $177,234 +2%
    2007-- $173,759 +4%
    2005-- $167,011 +2%
    2004-- $163,736 +1.9%
    2003-- $160,736 +2%
    2002-- $157,584 +2%
    2001-- $154,494 +2%
    2000-- $151,465
    Find assessor info on the county website

    Neighborhood: Guasti Park

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $720,000

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $720,000