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.
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.
Property Details
Price:
$899,900
MLS #:
DW25158425
Status:
Pending
Baths:
0
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
264fontana
Listed Date:
Jul 14, 2025
Lot Size:
8,100 sqft / 0.19 acres (approx)
Year Built:
1978
See this Listing
Schools
Interior
Laundry Features
Community
Exterior
Community Features
Street Lights, Urban
Parking Features
Assigned, Carport, Garage
Parking Spots
8.00
Financial
Map
Community
- Address9240 Wheeler Court Fontana CA
- Neighborhood264 – Fontana
- CityFontana
- CountySan Bernardino
- Zip Code92335
Market Summary
Current real estate data for Residential Income in Fontana as of Oct 23, 2025
15
Residential Income Listed
135
Avg DOM
$1,016,580
Avg List Price
Property Summary
- 9240 Wheeler Court Fontana CA is a Residential Income for sale in Fontana, CA, 92335. It is listed for $899,900
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9240 Wheeler Court
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