9412 Archibald Avenue, Rancho Cucamonga, California 91730, Rancho Cucamonga, 91730 - 4 bed, 2 bath
ACTIVE$550,000$1,368/sqft
Est. Value: $443,313
-19%
AboveEstimate
9412 Archibald Avenue, Rancho Cucamonga, California 91730
4Beds
2Baths
1,368Sqft
10,890Lot
Price Vs. Estimate
The estimated value ($443,313.18) is $106,686.82 (19%) lower than the list price ($550,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1368.
Top Cons:
Age of Property: Built in 1962, the existing structure is likely outdated and may require extensive renovation or demolition, adding to development costs.
Compared to the nearby listings
Price:$550.0K vs avg $720.0K ($-170,000)4%
Size:1,368 sqft vs avg 1,493.5 sqft38%
Price/sqft:$402 vs avg $48019%
More Insights
Built in 1962 (64 years old).
Condition: The property was built in 1962, making it 62 years old. The listing explicitly targets developers and investors, stating it is 'ideally suited for rebuilding or new construction' and has 'tremendous upside potential for your flip or multi-family redevelopment.' The property analysis highlights the 'Age of Property' as a weakness, suggesting it 'may require extensive renovation or demolition.' The exterior image shows a dated structure with unkempt landscaping, indicating a lack of recent maintenance or updates. Given the age, the focus on redevelopment, and the absence of any mentioned renovations, the existing structure is considered beyond repair for modern living standards, and its value is based solely on the land.
Year Built
1962
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$402
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2511313
Home ConditionTear down
Features
View-
About this home
Welcome developers and investors! This property is in a prime area of Rancho Cucamonga and offers tremendous upside potential for your flip or multi-family redevelopment in the heart of the city. Spanning a large amount at 10,890 sq ft across, this property is ideally suited for rebuilding or new construction. The area is booming with new multi-family projects.
M
Mark Gonzales
Listing Agent
Nearby schools
5/10
The Ontario Center
Public,•K-5•1.0mi
4/10
Los Amigos Elementary School
Public,•K-5•1.8mi
6/10
Rancho Cucamonga Middle School
Public,•6-8•0.9mi
6/10
Colony High School
Public,•9-12•4.6mi
Condition Rating
Tear down
The property was built in 1962, making it 62 years old. The listing explicitly targets developers and investors, stating it is 'ideally suited for rebuilding or new construction' and has 'tremendous upside potential for your flip or multi-family redevelopment.' The property analysis highlights the 'Age of Property' as a weakness, suggesting it 'may require extensive renovation or demolition.' The exterior image shows a dated structure with unkempt landscaping, indicating a lack of recent maintenance or updates. Given the age, the focus on redevelopment, and the absence of any mentioned renovations, the existing structure is considered beyond repair for modern living standards, and its value is based solely on the land.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1368.
Prime Location: Situated in a prime area of Rancho Cucamonga, offering desirable access and market appeal.
Large Lot Size: Spanning 10,890 sq ft, the generous lot size provides ample space for significant redevelopment or new construction.
Multi-Family Redevelopment Potential: Explicitly highlighted for its 'tremendous upside potential' for multi-family redevelopment, aligning with current market trends.
Investor/Developer Opportunity: Marketed directly to 'developers and investors' as 'ideally suited for rebuilding or new construction,' indicating a clear value proposition.
Booming Area Growth: The surrounding area is 'booming with new multi-family projects,' suggesting strong demand and a favorable environment for investment.
Cons
Age of Property: Built in 1962, the existing structure is likely outdated and may require extensive renovation or demolition, adding to development costs.
No Scenic Views: The property explicitly states 'View: None,' indicating a lack of scenic or desirable outlooks that could enhance value.
Small Existing Footprint: At 1368 sqft, the current home is relatively small for a 4-bedroom property on such a large lot, reinforcing its likely tear-down potential rather than a valuable existing asset.