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8795 Lomita Dr, Rancho Cucamonga, CA 91701
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8795 Lomita Dr Rancho Cucamonga, CA 91701

$1,350,000
  • 9 Beds
  • 8 Baths
  • 3,598 Sq.Ft.
For Sale
$1,350,000 Get Pre-Qualified
Map preview of 8795 Lomita Dr, Rancho Cucamonga, CA 91701

Property Overview: 8795 Lomita Dr Rancho Cucamonga, CA has 9 bedrooms, 8 bathrooms, 3,598 living square feet and 10,500 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great 4 unit income property in Rancho Cucamonga! Seller have owned this property for the last 21 years and finally it's on the market! Great location! Close to schools, shopping centers, freeway and parks! Great steady income from long term tenants! On site manager collect rents and manage the property such as repairs and tenants moving in and out! HOA fee includes insurance, water, trash, outside wall paint, fence, and common area maintenance. All 4 units are occupied! New roof was replaced 2 years ago!

Listed by Richard Yoo | BRE #01402268 | Richard Yoo, Broker
Last checked: 14 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 44
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Home details

Lot Sq. Ft
10,500
HOA Dues
$995/mo
Year built
1973
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
IG24049252
City
Rancho Cucamonga
County
San Bernardino
Time on Site
47 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $88,680
  • Net Operating Income: $64,260
  • Gross Operating Income: --
  • Laundry Income: $40
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $24,420
  • Electric: $480
  • Gas/Fuel: $1,200
  • Trash: $0
  • Insurance: $0
  • Professional Management: $2,400
  • Water/Sewer: $0

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Property Details for 8795 Lomita Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Association, Community
Exterior Features
  • No Pool
  • Pool Features: Association, Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: Cul-De-Sac
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 0202381110000
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Eastwood Owners Association
  • Association Fee: $995 (Monthly)
  • Association Amenities: Pool
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Take 210 Feeway and get off on Carnelian St. Go south and turn left on Lomita
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Rancho Cucamonga Agent

Sale History for 8795 Lomita Dr

Last sold for $405,000 on April 7th, 2003

  • March, 2024

  • Mar 11, 2024

    Date

    Active

    CRMLS: IG24049252

    $1,350,000

    Price

  • April, 2003

  • Apr 7, 2003

    Date

    Sold (Public Records)

    Public Records

    $405,000

    Price

  • October, 2000

  • Oct 27, 2000

    Date

    Sold (Public Records)

    Public Records

    $255,000

    Price

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Tax History for 8795 Lomita Dr

Assessed Value (2020): $536,353
Year Land Value Improved Value Assessed Value
2020 $133,757 $402,596 $536,353

Home Value Compared to the Market

This property vs the competition

8795 Lomita Dr is listed 68.75% higher than the median list price for the city of Rancho Cucamonga which has a median list price of $800,000. The median price per/sqft for Rancho Cucamonga is $436 and this home is listed at $375.21 per/sqft which puts the price per square foot 13.94% lower than the median price per square foot for the city of Rancho Cucamonga.

About 8795 Lomita Dr

Detailed summary of property

8795 Lomita Dr is a fourplex located in Rancho Cucamonga, CA 91701 and is currently for sale. This fourplex offers 9 bedrooms, 8 bathrooms, roughly 3,598 living square feet, and sits on an approximately 10,500 square foot lot. 8795 Lomita Dr was first listed on ArdentRealEstateGroup.com on March 11, 2024. The homeowner is currently asking $1,350,000. The median priced home in Rancho Cucamonga is $800,000 with a median price per square foot of $436. Based on Ardent Real Estate Group's Rancho Cucamonga Market Data, this home is listed 68.75% higher than the median priced home. Local competing homes currently for sale include 2458 Chanslor St, 8529 Oleander Ave and 678 Del Rosa Pl. This home does have a Homeowners Association and the monthly fee is $995 per month. While the average home in Rancho Cucamonga, CA is selling in 52 days, 8795 Lomita Dr has a days on market of 44 days. There are currently 217 homes for sale in the Rancho Cucamonga real estate market and 167 of them are single family homes while 37 of them are condos and 12 are townhomes. For more information on this home for sale at 8795 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 8795 Lomita Dr

Public county record property details
Beds
9
Baths
1
Year built
1973
Sq. Ft.
3,598
Lot Size
10,500
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
Yes
Spa
No
County
San Bernardino
Lot#
12
APN
0202-381-11-0000

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
$890,000
Median List Price/Sq.Ft.
$456
Median Sold Price
$785,000
Median Sold Price/Sq.Ft.
$473
Total Inventory
50
Median Sale to List Price %
109.03%
Avg Days on Market
10
Loan Type
Conventional (55%), FHA (5%), VA (0%), Cash (25%), Other (15%)

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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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