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Sold for $928,000 on 08/21/25
  • Listing Provided by: 

    Herbert Diaz DRE #01458024 562-639-9636,

    PLF Real Estate Solutions

    $928,000

    9240 Wheeler Ct, Fontana, CA 92335

    5beds
    5baths
    2,792sqft
    Quadruplex
    Built in 1978
    -- sqft lot
    $924,500 Zestimate®
    $332/sqft
    $2,176 Estimated rent

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    $2,176/mo

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    $2,176/mo

    Rent Zestimate®

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    $5,722/mo

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    $5,722/mo

    Est. payment

    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: 7 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#: DW25158425MLS LogoOriginating 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
    Services availability
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    Estimated market value
    $924,500