Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Low price per square foot of land at approximately $33.59
  • Two detached single-family homes consisting of one 3-bedroom / 1-bath residence and one 2-bedroom / 1-bath residence
  • Flexible investment opportunity for investors, owner-users, or developers
  • Rare 28,250-square-foot Neo-Industrial (NI) zoned parcel
  • Potential to add up to two additional ADUs and one Junior ADU (JADU), subject to City requirements and buyer verification
  • Opportunity to explore future commercial, industrial, or redevelopment potential, subject to buyer verification with the City of Rancho Cucamonga

Executive Summary

Marcus & Millichap Real Estate Investment Services is 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.
**Showing / Other Remarks:** Please do not disturb tenants or walk onto the property and/or speak with anyone at the property. Interior inspections of both residences will only take place upon an accepted offer.

Data Room Click Here to Access

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $45,143 $28.61
Other Income - -
Vacancy Loss - -
Effective Gross Income $45,143 $28.61
Taxes $13,819 $8.76
Operating Expenses $8,783 $5.57
Total Expenses $22,602 $14.32
Net Operating Income $22,541 $14.28

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $45,143
Annual Per SF $28.61
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $45,143
Annual Per SF $28.61
Taxes (CAD)
Annual $13,819
Annual Per SF $8.76
Operating Expenses (CAD)
Annual $8,783
Annual Per SF $5.57
Total Expenses (CAD)
Annual $22,602
Annual Per SF $14.32
Net Operating Income (CAD)
Annual $22,541
Annual Per SF $14.28

Property Facts

Price $1,307,722 CAD
Price Per Unit $653,861 CAD
Sale Type Investment
No. Units 2
Property Type Multifamily
Lot Size 0.65 AC
Building Size 1,578 SF
No. Stories 1
Year Built 1960
Zoning NI - Neo-Industrial zoning supports light manufacturing, R&D, creative industries, small-scale warehousing, retail, office, and limited residential uses.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 1 $1,881 CAD -
2+1 1 $1,881 CAD -
Fairly walkable
50/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
0209-171-02
Land Assessment
$305,144 CAD (2026)
Improvements Assessment
$561,743 CAD (2026)
Total Assessment
$866,887 CAD (2026)
Annual Taxes
$13,819 CAD ($8.76 CAD/SF)
Tax Year
2025
  • Listing ID: 41722394

  • Date on Market: 2026-08-12

  • Last Updated:

  • Address: 8945 Hellman Ave, Rancho Cucamonga, CA 91730

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}