7440 Carnelian Street, Rancho Cucamonga, California 91730, Rancho Cucamonga, 91730 - 0 bed, 0 bath
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7440 Carnelian Street
Rancho Cucamonga, California 91730
ACTIVE
CONDITION: GOOD
0Beds
0Baths
3,746Sq Ft
8,400Lot Size
Property Price
LIST PRICE$1,400,000
EST. MARKET VALUE
$1,327,897
5% AboveMARKET VALUE
SUMMARY
This Quadruplex Residential Income Asset is a Strong Value Opportunity, listed at $1,400,000—positioned well above the $1,327,897 Fair Market Value by 5%. Despite the premium, the property offers a Condition Rating of 3 with modernized interiors, including new vinyl plank flooring and upgraded cabinetry. Featuring a rare unit mix with two 3-bedroom units, this asset provides high rental demand near the I-210 and Metrolink. It is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange buyers seeking a stable, transit-oriented investment.
Estimated Market Value
$1,327,897
Based on Realkey algorithm analyzing recent comparable sales in Rancho Cucamonga.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7440 Carnelian Street Subject | $1,400,000* List Price | 0 | 0 | 3,746 | $354 | - |
A 7411 Napa Court Sold | $1,190,000 | 0 | 0 | 3,746 | $318 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1976 but features comprehensive interior updates including new vinyl plank flooring, upgraded kitchen and bathroom cabinetry, and updated fixtures. The property is well-maintained and move-in ready; however, the reliance on individual wall HVAC units and the utilitarian condition of the common laundry area prevent an 'Excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Interiors
The property features significant interior updates including new vinyl plank flooring, upgraded cabinetry, and recessed lighting, minimizing immediate capital expenditure for new owners.
- Strong Unit Mix
The inclusion of two 3-bedroom units is a rare find for a quadruplex, offering higher rental potential and appeal to larger households in a competitive market.
- Prime Commuter Location
Situated near major freeways (I-210/I-15) and the Metrolink station, the property is perfectly positioned for transit-oriented renters working in Los Angeles or San Bernardino counties.
CONSRISKS & DEFICIENCIES
- Limited HVAC Infrastructure
The reliance on individual wall units for heating and cooling rather than a central HVAC system may be less appealing to modern tenants and less energy-efficient.
- 1970s Era Construction
Built in 1976, the asset may require more frequent long-term maintenance of core systems like plumbing and roofing compared to newer multifamily developments.
About 7440 Carnelian Street
We are pleased to exclusively present a premier multifamily investment opportunity at 7440 Carnelian Street in Rancho Cucamonga, CA, offering a well-positioned asset in one of the Inland Empire's most sought-after residential submarkets. 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. 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 connectivity to Los Angeles Union Station and positioning the property as an ideal choice for transit-oriented renters. This strategic corridor along the 210 freeway makes the property equally accessible to employment centers across San Bernardino and Los Angeles counties. 7440 Carnelian Street is a stable asset in one of North Rancho Cucamonga's most established residential neighborhoods. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value in a premier Inland Empire investment market.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1976
- Lot Size
- 8,400 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,746 | 2,644 |
| Lot Size | 8,400 | 4,650 |
| Price | $1.40M | $875.0K |
| Price per sq ft | $374 | $340 |
| Built year | 1976 | 1999 |
| HOA | $0 | $486 |
| Days on market | 13 | 187 |
Pricing History
Listed for Sale
Aug 27, 2026
$1,400,000
Initial Listing
Sold
Sep 17, 2021
$1,134,500
Public Record
Sold
Oct 5, 2011
$540,000
Public Record
Sold
Feb 1, 2007
$769,000
Public Record