Fontana, CA 92335,9240 Wheeler CT
Fontana, CA 92335,9240 Wheeler CT
Fontana, CA 92335,9240 Wheeler CT
Fontana, CA 92335,9240 Wheeler CT
Fontana, CA 92335,9240 Wheeler CT
Fontana, CA 92335,9240 Wheeler CT
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$ 899,900
Est. payment | /mo

8,102 Sqft Lot


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$ 899,900
Est. payment | /mo
Save

8,102 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25158425

HOA Y/N No

Year Built 1978

Lot Size 8,102 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County San Bernardino

Area 264 - Fontana

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned, Carport, Garage

Garage Spaces 4.0

Carport Spaces 4

Garage Description 4.0

Pool None

Community Features Street Lights, Urban

Total Parking Spaces 8

Private Pool No

Building

Lot Description Cul-De-Sac

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 0194032240000

Acceptable Financing Cash to New Loan, 1031 Exchange, FHA

Listing Terms Cash to New Loan, 1031 Exchange, FHA

Special Listing Condition Standard

CRMLS – RECore
Listed by Herbert Diaz PLF Real Estate Solutions 562-639-9636
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8526 Florence Ave, Downey, CA, 90240, USA

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9240 Wheeler CT