9240 Wheeler Court
Fontana, CA, 92335
$899,900
Beds
0 Baths
SqFt
0.19 Acres
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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.

Property Details

Price:
$899,900
MLS #:
DW25158425
Status:
Active
Baths:
0
Address:
9240 Wheeler Court
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
264fontana
City:
Fontana
Listed Date:
Jul 14, 2025
State:
CA
ZIP:
92335
Lot Size:
8,100 sqft / 0.19 acres (approx)
Year Built:
1978
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Schools

Interior

Exterior

Community Features
Street Lights, Urban
Garage Spaces
4.00
Lot Features
Cul- De- Sac
Parking Features
Assigned, Carport, Garage
Parking Spots
8.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

Tenant Pays
Cable T V, Electricity, Gas, Telephone

Map

Community

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