9240 Wheeler Court, Fontana, CA 92335

$928,000

$899,900 3.1%

Est. payment - /mo

5 Beds

5 Baths

UPDATED:

Key Details

Sold Price $928,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW25158425

Sold Date 08/21/25

Bedrooms 5

Property Sub-Type Res Income 2-4 Units

Property Description

Fantastic 4-unit investment opportunity located on a quiet cul-de-sac in the heart of Fontana. This well-maintained 4-plex offers approximately 2,792 sq.ft. of living space on a generous 8,100 sq.ft. lot. The property features a flexible layout ideal for investors, multigenerational living, or owner-occupantslive in one unit and rent out the others. Unit A is a spacious 2-bedroom, 2-bathroom unit located downstairs and has been recently painted. Units B, C, and D are all 1-bedroom, 1-bathroom units located upstairs, and each has been recently upgraded. All units are equipped with central A/C and forced air heating, ensuring year-round comfort. Each unit comes with its own 1-car garage and an additional carport space, totaling 8 dedicated parking spaces with potential for more. A coin-operated community washer and dryer provides additional income. The units are currently rented near market rates, delivering strong in-place cash flow. With a Gross Rent Multiplier (GRM) of 11.06 and an estimated CAP rate of 8.04%, this property is a rare opportunity to own a turnkey income-producing asset in a desirable and growing rental market. Please do not disturb tenants.

Location

State CA

County San Bernardino

Zoning Assessor

Direction Take 10 Freeway to Sierra Avenue then to Wheeler Ct

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 0194032240000

Read Less Info

Listed by Herbert Diaz PLF Real Estate Solutions
Bought with Latrevia Palacios REDFIN CORPORATION

MORTGAGE CALCULATOR

The rate, insurance and terms in the calculator are placeholders and should be adjusted to reflect current market and legislative changes.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get Pre-Approved

in Minutes!

By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of #seller_variable# (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website.

9240 Wheeler Court Fontana, CA 92335