Sold for $928,000 on 08/21/25
Listing Provided by:
Herbert Diaz DRE #01458024 562-639-9636,
PLF Real Estate Solutions
Bought with: REDFIN CORPORATION
$928,000
9240 Wheeler Ct, Fontana, CA 92335
5beds
5baths
2,792sqft
Quadruplex
Built in 1978
-- sqft lot
$912,400 Zestimate®
$332/sqft
$2,521 Estimated rent
Home value
$912,400
$821,000 - $1.01M
$2,521/mo
Zestimate® history
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What's special
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-occupants—live 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.
Zillow last checked: 8 hours ago
Listing updated: August 21, 2025 at 06:33pm
Listing Provided by:
Herbert Diaz DRE #01458024 562-639-9636,
PLF Real Estate Solutions
Bought with:
Latrevia Palacios, DRE #01476008
REDFIN CORPORATION
Source: CRMLS,MLS#: DW25158425
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,792
- Total interior livable area: 2,792 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Carport, Garage
- Garage spaces: 4
- Carport spaces: 4
- Covered spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 8,100 sqft
- Features: Cul-De-Sac
Details
- Parcel number: 0194032240000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Street Lights, Urban
Location
- Region: Fontana
Other
Other facts
- Listing terms: Cash to New Loan,1031 Exchange,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2025 | Sold | $928,000+3.1%$332/sqft |
Source: | ||
| 8/16/2025 | Pending sale | $899,900$322/sqft |
Source: | ||
| 8/16/2025 | Listed for sale | $899,9000%$322/sqft |
Source: | ||
| 7/15/2022 | Sold | $900,000+5.9%$322/sqft |
Source: Public Record | ||
| 5/31/2022 | Pending sale | $849,900+18%$304/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,652 +24.2% | $936,360 +2% |
| 2024 | $11,800 +6% | $918,000 +2% |
| 2023 | $11,132 +22.7% | $900,000 +22.5% |
Find assessor info on the county website
Neighborhood: 92335
Nearby schools
GreatSchools rating
- 4/10Palmetto Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Harry S. Truman Middle SchoolGrades: 6-8Distance: 1.2 mi
- 5/10Jurupa Hills High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$912,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$912,400

