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Listed price in listed location currency (USD).
$928,000
$899,900

008

MLS® DW25158425

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Lot Size 0.186 acres
Approx. Age 1978
MLS® Number DW25158425

Property Address: 9240 Wheeler Ave, Fontana, CA, 92335

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberDW25158425
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.186
Exterior
GarageYes
Approx. Age1978
Basement
DrivewayAssigned, Carport, Garage
Garage Spaces4
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Aug 1, 2025End Date
$928,000Sold Price

Sold

Jul 15, 2025List Date
$899,900List Price
  • Commute

Commute

Starting Address
Destination Address
9240 Wheeler Ave, Fontana, CA

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