9
See all 9 photos
$899,900
Est. payment /mo
5 Beds
5 Baths
New
9240 Wheeler Court Fontana, CA 92335
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25158425
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
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-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.
Location
State CA
County San Bernardino
Zoning Assessor
Direction Take 10 Freeway to Sierra Avenue then to Wheeler Ct
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 0194032240000
Listed by Herbert Diaz PLF Real Estate Solutions
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