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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

    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#: 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

    Price history

    DateEventPrice
    8/21/2025Sold$928,000+3.1%$332/sqft
    Source: CRMLS #DW25158425
    8/16/2025Pending sale$899,900$322/sqft
    Source: CRMLS #DW25158425
    8/16/2025Listed for sale$899,9000%$322/sqft
    Source: CRMLS #DW25158425
    7/15/2022Sold$900,000+5.9%$322/sqft
    Source: Public Record
    5/31/2022Pending sale$849,900+18%$304/sqft
    Source: CRMLS #PW22032539

    Public tax history

    YearProperty taxesTax 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
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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