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8711 Lomita Drive, Rancho Cucamonga, CA 91701

Property · 2 recorded sales since 2016

8711 Lomita Drive, Rancho Cucamonga, CA 91701 Sold May 2021 CRMLS
$1,070,013Sold May 2021

Listing Agent: Doug Rodermund (DRE #01314304) · Listing Office: Morgan Skenderian · Contact: 949-251-8800 · Bought with: James Bangar · Berkshire Hathaway H.S.C.P. · MLS #PW21001450 · Source: CRMLS

10,454 sqft
Lot Size
1973
Year Built
Property
Type
0
Garage

About this property

We are pleased to offer 8711 Limita Drive, a 4-unit investment opportunity located in the master-planned community of Rancho Cucamonga. Situated on a corner lot within the city's best school district, this 4-unit property is comprised of large 2 & 3-bedroom units, each with varying degrees of upgrades to the interiors including new flooring and new countertops that reflect true pride of ownership. Additionally, each unit features a private patio with many offering views of the nearby San Bernardino Mountains. The Lomita Drive Apartments offers below-average maintenance thanks in part to the community HOA which provides water, insurance, gardening, and more allowing ownership to simply collect rents without the burden of common investment property management. The HOA also provides tenants with a community swimming pool and ample common areas offering a sense of community to the neighborhood. With the low maintenance, low turnover, and stabilized current rents, this is an excellent and smart investment opportunity for any investor. *Large 2 & 3-Bedroom Units w/Mountain Views, *Excellent Rental Location Near Schools, Parks & Major Retail, *Corner Lot with Excellent Exposure, *Various Degrees of Upgrades to All Interiors, *Extremely Low Maintenance Investment, *Community Swimming Pool & Common Areas

Listing description from the May 2021 sale, as reported to CRMLS.

Sale history

$1,070,013
Sold May 2021 · listed $1,128,888, on market January 2021 · MLS #PW21001450 · Source: CRMLS
Listing Agent: Doug Rodermund · Listing Office: Morgan Skenderian · Contact: 949-251-8800 · Bought with: James Bangar · Berkshire Hathaway H.S.C.P.
$725,000
Sold August 2016 · listed $739,000, on market March 2016 · MLS #CV16061988 · Source: CRMLS
Listing Agent: RANDY HOROWITZ · Listing Office: CENTURY 21 PRESTIGE PROPERTIES · Contact: 909-981-2208 · Bought with: RANDY HOROWITZ · CENTURY 21 PRESTIGE PROPERTIES
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