8945 Hellman Avenue, Rancho Cucamonga, CA, 91730

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$899,000
59 Days On Site

8945 Hellman Avenue
Rancho Cucamonga, CA 91730

For Sale|Mixed Use|Active Under Contract
0
Beds
0
Total Baths
1,578
SqFt
$570
/SqFt
1960
Built
County:
San Bernardino
Listed by Gisele Pinedo of MARCUS & MILLICHAP gisele.pinedo@marcusmillichap.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
8945 Hellman Avenue8945 Hellman Avenue8945 Hellman Avenue8945 Hellman Avenue
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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.

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Listing Snapshot
Price 
$899,000
Days On Site 
59 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,578 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.6485 Acres
Year Built 
1960
MLS® Number 
CV26176344
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active Under Contract
2 weeks agoListing updated with changes from the MLS®
4 weeks agoPrice changed to $899,000
2 months agoListing first seen on site
General Features
Acres 
0.6485
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
Attached CarportDriveway
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
1578
Water Source 
Public
Interior Features
Laundry Features 
Washer HookupGas Dryer Hookup
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Exterior Features
Pool Features 
None
Community Features
Community Features 
Sidewalks
MLS Area 
688 - Rancho Cucamonga
Financing Terms Available 
1031 Exchange
Building Access 
Street


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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