Back 9240 Wheeler Ct
Off Market

9240 Wheeler Ct

Fontana CA 92335

5
5
0.19 ac.
Multi-Family
Last sold for $928,000
HERBERT DIAZHERBERT DIAZ, last sold this property on 21 August 2025 after 36 days on market.

Overview

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-occupantslive 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.

Features

5 bedrooms
5 bathrooms
0.19 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar 5 bedroom multi families sold in Fontana over the last 12 months.

Property history for 9240 Wheeler Ct

2025
Sold
$928,000
21 Aug 2025 by HERBERT DIAZ, of PLF REAL ESTATE SOLUTIONS
2022
Sold
$900,000
15 Jul 2022 by Gene Tsair, of Realty Pro 100
2022
Rented
Undisclosed
27 Jan 2022 by Realty Pro 100

Happy sellers in Fontana

92%
92% of sellers in Fontana reported that their sale price either exceeded or met their price expectations.

Fontana stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Fontana over the last 12 months.

Local market activity for 5 bedroom multi families in Fontana

In the last 12 months, 1 five-bedroom multi family similar to 9240 Wheeler Ct, have been sold.

This represents a 100% decrease in five-bedroom multi families sales when compared to the previous 12 months.

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