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8755 Lomita Dr, Rancho Cucamonga, CA 91701
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8755 Lomita Dr Rancho Cucamonga, CA 91701

$1,080,000 Sold Price as of 08/19/2021
  • 9 Beds
  • 8 Baths
  • 3,598 Sq.Ft.
Sold
$1,080,000 Sold Price as of 08/19/2021 Refinance Your Mortgage
Map preview of 8755 Lomita Dr, Rancho Cucamonga, CA 91701

Property Overview: 8755 Lomita Dr Rancho Cucamonga, CA has 9 bedrooms, 8 bathrooms, 3,598 living square feet and 9,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This 4-Plex is a rare income opportunity located in Rancho Cucamonga next to 21 other 4-plex units in this community. One 3 bd 2ba & Three 2 bd 2ba near shopping, schools and easy access to freeways. 3 units were fully remodeled with granite counters, stainless steel appliances and laminate floors. One unit is partially remodeled. All 4 units are rented. HOA takes care of the following: water, trash, sewer, gardener, asphalt repairs, stucco repair on buildings, painting of exterior & stairs repair. Drive By Only - No Showing - Please don't disturb tenants, onsite management or walk onto property.

Listed by Mark Roberts | BRE #01886445 | Edico Realty, Inc.
Co-listed by Makiko Roberts | BRE #01886450 | Edico Realty, Inc.
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
9,000
HOA Dues
$975/mo
Year built
1973
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC21145605
City
Rancho Cucamonga
County
San Bernardino
Time on Site
1037 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $21,000
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,225
  • Total Rent: $14,700
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $17,400
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $17,400
  • Pro Forma/Market Rent: $1,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $71,400
  • Net Operating Income: $55,800
  • Gross Operating Income: --
  • Laundry Income: $900
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $15,600
  • Electric: $600
  • New Taxes: $10,000
  • Trash: $0
  • Insurance: $1,500
  • Maintenance: $3,500
  • Water/Sewer: $0

Property Details for 8755 Lomita Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Tile
  • Family Room, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Gas Water Heater, Microwave
Interior Features
  • Balcony, Ceiling Fan(s), Granite Counters
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood
  • Has Spa
  • Spa Features: Association
Exterior Features
  • No Pool
  • Pool Features: Association
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Cul-De-Sac, Landscaped, Lawn
  • Lot Size Source: Assessor
  • Common Interest: Planned Development
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 0202381060000
  • Year Built Source: Assessor
  • Architectural Style: Mediterranean
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Eastwood HOA
  • Association Fee: $975 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Cross Streets: Carnelian, North of Baseline
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban
View more facts & features

Local Rancho Cucamonga Agent

Sale History for 8755 Lomita Dr

Last sold for $1,080,000 on August 19th, 2021

  • August, 2021

  • Aug 19, 2021

    Date

    Sold

    CRMLS: OC21145605

    $1,080,000

    Price

  • Jul 19, 2021

    Date

    Pending

    CRMLS: OC21145605

    $1,099,000

    Price

  • Jul 9, 2021

    Date

    Active

    CRMLS: OC21145605

    $1,099,000

    Price

  • May, 2015

  • May 6, 2015

    Date

    Sold (Public Records)

    Public Records

    $710,000

    Price

  • August, 2014

  • Aug 21, 2014

    Date

    Sold (Public Records)

    Public Records

    $654,000

    Price

Show More

Tax History for 8755 Lomita Dr

Assessed Value (2020): $780,248
Year Land Value Improved Value Assessed Value
2020 $219,788 $560,460 $780,248

Home Value Compared to the Market

This property vs the competition

8755 Lomita Dr sold on August 19, 2021 for 44.61% higher than the current median sold price for the city of Rancho Cucamonga which is $760,000. The median sold price per/sqft for Rancho Cucamonga is $445 and this home is sold at $305.45 per/sqft which puts the price per square foot 31.36% lower than the current median sale per square foot for the city of Rancho Cucamonga.

About 8755 Lomita Dr

Detailed summary of property

8755 Lomita Dr is a fourplex that recently sold in Rancho Cucamonga, CA 91701. This fourplex offered 9 bedrooms, 8 bathrooms, roughly 3,598 living square feet, and sits on an approximately 9,000 square foot lot. 8755 Lomita Dr was first listed on ArdentRealEstateGroup.com on July 9, 2021. The homeowner sold the property for $1,080,000. Home in Rancho Cucamonga are selling for a median price of $760,000 and a median price per square foot of $445. Based on Ardent Real Estate Group's Rancho Cucamonga Market Data, this home is sold 44.61% higher than the current median priced home. Local homes that are currently for sale include 1185 W Grand Blvd, 3876 Locust St and 309 Soldano Ave. This home does have a Homeowners Association and the monthly fee is $975 per month. While the average home in Rancho Cucamonga, CA is selling in 48 days, 8755 Lomita Dr has a days on market of 11 days. There are currently 260 homes for sale in the Rancho Cucamonga real estate market and 195 of them are single family homes while 51 of them are condos and 13 are townhomes. For more information on this home for sale at 8755 Lomita Dr Rancho Cucamonga, CA 91701 contact Ardent Real Estate Group and we will put you in touch with one of our Rancho Cucamonga agents.

Public Facts for 8755 Lomita Dr

Public county record property details
Beds
9
Baths
1
Year built
1973
Sq. Ft.
3,598
Lot Size
9,000
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
Yes
Spa
No
County
San Bernardino
Lot#
17
APN
0202-381-06-0000

The source for these homes facts are from public records.

91701 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$859,000
Median List Price/Sq.Ft.
$454
Median Sold Price
$840,000
Median Sold Price/Sq.Ft.
$465
Total Inventory
64
Median Sale to List Price %
100.14%
Avg Days on Market
16
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (24%), Other (16%)

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Recently Sold Homes Near 8755 Lomita Dr

8750 Lomita Dr, Rancho Cucamonga, CA 91701
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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. 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, 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.

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