Multifamily in Rancho Cucamonga, CA — Sale in Rancho Cucamonga, CA
- Price: $1.4M
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Rancho Cucamonga, CA 91730
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Description
Fourplex in Rancho Cucamonga | Renovated Units | Pride of Ownership CBRE is pleased to exclusively present a premier multifamily investment opportunity at 7440 Carnelian Street in Rancho Cucamonga, CA, offering a well-positioned income-producing asset in one of the Inland Empire's most sought-after residential submarkets. This well-maintained 4-unit property sits in the heart of North Rancho Cucamonga, bordering the city of Upland, moments from San Antonio Regional Hospital, Chaffey College, and the Metrolink Rancho Cucamonga Station. The property is generating a current cap rate of 4.89%, with a pro forma cap rate of 5.05%, at a price of $350,000 per unit. Property Highlights 7440 Carnelian Street sits on an ±8,400 square foot lot with a total rentable area of ±3,746 square feet. The property presents a diverse unit mix of one 2-bedroom/1-bathroom unit, one 2-bedroom/2-bathroom unit, and two 3-bedroom/2-bathroom units, averaging 938 square feet per unit. Interiors have been updated throughout, featuring new vinyl plank wood flooring, upgraded kitchen and bathroom cabinetry, updated fixtures, fully equipped kitchens with appliances, recessed lighting, and upgraded bathrooms. Select units include a private patio or porch, and all units are outfitted with security screen doors and individual wall air conditioning and heating. The front 3-bedroom unit features a brick fireplace, adding a distinctive character element rarely found in similarly sized assets. The property is well-maintained with lush, mature landscaping throughout, an on-site laundry room, and ample carport and surface parking. Strategic Location & Connectivity 7440 Carnelian Street is ideally situated in North Rancho Cucamonga, bordering Upland, providing residents with a quiet residential atmosphere while offering immediate access to the I-210 and I-15 freeways for seamless regional commuting. The Metrolink Rancho Cucamonga Station is conveniently nearby, offering tenants direct rail con
Market Context
This multifamily in Rancho Cucamonga, CA is listed for sale at $1,400,000. Compare it against other multifamily listings for sale in Rancho Cucamonga, CA — view the full market.
As of Q1 2026, the Inland Empire multifamily market showed a 4.9% vacancy rate. Source: multiple brokerage reports, Q1 2026.
Tight vacancy keeps competition for quality space elevated.
Multifamily market FAQ
- Is the Inland Empire multifamily market tightening or softening?
- Vacancy is around 4.9% (Q1 2026).
First seen on CREHunt: Aug 19, 2026
Contact
- Eric Chen · 909 418 2071 · eric.chen@cbre.com
- Blake Torgerson · 909 418 2074 · blake.torgerson@cbre.com
- Mikel Dominguez · 909 418 2148 · mikel.dominguez@cbre.com
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