Residential Income Triplex with
For Sale
$1,200,000
8247 East 9th Street, Rancho Cucamonga, CA 91730
Three-unit property includes a 1953 primary home and two newly built ADUs completed in 2024.
Property Size3,152 SF
Price / SF$380.71
Days on Market98
Property Features for 8247 East 9th Street
General Information
Standard status
Active
Size
3,152 SF
Property subtype
Multifamily
Additional Details
Fenced Yard
Yes
Multifamily Units
3
Amenities
gated property
solar system
in-unit laundry
Listing Agency:
CBRE - Ontario
(909) 418-2071
Listed By:
Eric Chen · License #01489184
(909) 418-2071
Source:
Cbre
Added: May 20
Changed: Aug 23
Last Checked: Aug 24 at 7:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Ontario
Investment Insights
Based on property information with market context.
This three-unit residential income property includes a primary single-family residence originally built in 1953, plus two newly constructed Accessory Dwelling Units completed in 2024. The front home has been fully upgraded, and the new ADUs feature stainless steel appliances, hardwood-style laminate flooring, and in-unit laundry. Additional improvements include new windows and doors, a 28-panel solar system, and a newly upgraded electrical service panel. Residents also have wall-mounted AC and heating systems.
The property is gated and includes a two-car detached garage, along with on-site parking and ample street parking. It is positioned within the Chaffey Joint Union High School District, and it is also near Los Amigos Elementary School. Major employment centers listed nearby include San Antonio Regional Hospital and Chaffey College.
The property is gated and includes a two-car detached garage, along with on-site parking and ample street parking. It is positioned within the Chaffey Joint Union High School District, and it is also near Los Amigos Elementary School. Major employment centers listed nearby include San Antonio Regional Hospital and Chaffey College.
Key Highlights
- Three‑unit residential income property: 8247‑8249 E 9th Street with a primary SFR plus two ADUs
- Primary home originally built in 1953, plus two newly constructed ADUs completed in 2024
- Modern upgrades include new windows and doors, hardwood‑style laminate flooring, stainless steel appliances, and in‑unit laundry in the new units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,987
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,039,740
$1.0M
Cap Rate 7%
$742,671
$742.7K
Cap Rate 9%
$577,633
$577.6K
Market Conditions
NOI Build-Up for 3,152 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$79.4K $25.20/SF
− Vacancy
−$5.2K −$1.64/SF
EGI
$74.3K $23.56/SF
− OpEx
−$22.3K −$7.07/SF
NOI
$52.0K $16.49/SF
Area
Rancho Cucamonga, CA
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,039,740
Cap Rate 7%
$742,671
Cap Rate 9%
$577,633
Alternative Uses
Best Use
Multifamily LT 5
$742.7K
$649.8K – $866.5K
NOI $51,987 @ 7.0% cap · market cap 4.33%
Second Best
Apartment 5plus
$671.9K
$587.9K – $783.9K
NOI $47,032 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$986.4K
$863.1K – $1.15M
NOI $69,051 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
541
Businesses Nearby
Explore this area
Business Placement
Demographics for 91730, CA
68,883
Population
26,172
Households
2.6
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
13.7 sq mi
ZIP Area
5,028
Density / Sq Mi
$89,654
Median Household Income
$51,208
Median Earnings
$2,240
Median Rent
$595,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property includes a 1953 primary home and two newly built ADUs completed in 2024.
Where is this triplex located?
The property is located at 8247 East 9th Street Rancho Cucamonga, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three‑unit residential income property: 8247‑8249 E 9th Street with a primary SFR plus two ADUs; Primary home originally built in 1953, plus two newly constructed ADUs completed in 2024; Modern upgrades include new windows and doors, hardwood‑style laminate flooring, stainless steel appliances, and in‑unit laundry in the new units
