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Sold for $928,000
  • Listed by: PLF Real Estate Solutions • Herbert Diaz • Contact: 562-639-9636
    Bought with: REDFIN CORPORATION
    $928,000

    9240 Wheeler Ct, Fontana, CA 92335

    5beds
    5baths
    2,792sqft
    Quadruplex
    Built in 1978
    -- sqft lot
    $913,200 Zestimate®
    $332/sqft
    $2,551 Estimated rent

    Home value

    $913,200

    $822,000 - $1.01M

    $2,551/mo

    Zestimate® history
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    What's special

    Quiet cul-de-sacFlexible layoutDedicated parking spaces
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Herbert Diaz DRE #01458024 562-639-9636,

    PLF Real Estate Solutions

    Bought with:

    Latrevia Palacios, DRE #01476008

    REDFIN CORPORATION

    Source: CRMLS,MLS#: DW25158425MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,792
    • Total interior livable area: 2,792 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Assigned, Carport, Garage
    • Garage spaces: 4
    • Carport spaces: 4
    • Covered spaces: 8
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 8,100 Square Feet
    • Features: Cul-De-Sac
    Details
    • Parcel number: 0194032240000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights, Urban
    Location
    • Region: Fontana

    Financial & listing details

    • Price per square foot: $332/sqft
    • Tax assessed value: $936,360
    • Annual tax amount: $14,652
    • Date on market: 7/14/2025
    • Cumulative days on market: 18 days
    • Listing terms: Cash to New Loan,1031 Exchange,FHA
    • Exclusions: Personal property
    • Tenant pays: Cable TV, Electricity, Gas, Telephone

    Price history

    DateEventPrice
    8/21/2025Sold$928,000+3.1%$332/sqft
    Source: CRMLS #DW25158425 Report a problem
    8/16/2025Pending sale$899,900$322/sqft
    Source: CRMLS #DW25158425 Report a problem
    8/16/2025Listed for sale$899,9000%$322/sqft
    Source: CRMLS #DW25158425 Report a problem
    7/15/2022Sold$900,000+5.9%$322/sqft
    Source: Public Record Report a problem
    5/31/2022Pending sale$849,900+18%$304/sqft
    Source: CRMLS #PW22032539 Report a problem
    5/13/2021Sold$720,000+7.5%$258/sqft
    Source: Public Record Report a problem
    12/9/2019Sold$670,000-1.5%$240/sqft
    Source: CRMLS #AR19253412 Report a problem
    12/6/2019Pending sale$680,000$244/sqft
    Source: Treeline Realty & Investment #AR19253412 Report a problem
    10/29/2019Listed for sale$680,000+18.5%$244/sqft
    Source: Treeline Realty & Investment #AR19253412 Report a problem
    9/1/2018Listing removed$1,050
    Source: Treeline Realty & Investment #AR18189365 Report a problem
    8/5/2018Listed for rent$1,050
    Source: Treeline Realty & Investment #AR18189365 Report a problem
    8/2/2018Sold$574,000-4.3%$206/sqft
    Source: CRMLS #CV18102803 Report a problem
    6/19/2018Pending sale$599,888$215/sqft
    Source: BERKSHIRE HATHAWAY CA PROP #CV18102803 Report a problem
    6/15/2018Listed for sale$599,888$215/sqft
    Source: BERKSHIRE HATHAWAY CA PROP #CV18102803 Report a problem
    6/4/2018Pending sale$599,888$215/sqft
    Source: BERKSHIRE HATHAWAY CA PROP #CV18102803 Report a problem
    5/31/2018Price change$599,888-5.5%$215/sqft
    Source: BERKSHIRE HATHAWAY CA PROP #CV18102803 Report a problem
    5/3/2018Listed for sale$635,000+46%$227/sqft
    Source: BERKSHIRE HATHAWAY CA PROP #CV18102803 Report a problem
    3/1/2016Sold$435,000-3.3%$156/sqft
    Source: Public Record Report a problem
    1/29/2016Price change$449,999+0%$161/sqft
    Source: HOMEQUEST REAL ESTATE #CV16012049 Report a problem
    1/4/2016Price change$449,9950%$161/sqft
    Source: RE/MAX 2000 #CV15253134 Report a problem
    11/26/2015Listed for sale$449,999+83.3%$161/sqft
    Source: RE/MAX 2000 #CV15253134 Report a problem
    4/3/2003Sold$245,500+33.4%$88/sqft
    Source: Public Record Report a problem
    1/28/2002Sold$184,000$66/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,652 +24.2%$936,360 +2%
    2024$11,800 +6%$918,000 +2%
    2023$11,132 +22.7%$900,000 +22.5%
    2022$9,071 +6.9%$734,400 +8.5%
    2021$8,488 0%$676,941 +1%
    2020$8,491 +16%$670,000 +16.7%
    2019$7,321 +19.4%$573,888 +26.8%
    2018$6,129 +67.5%$452,574 +93.2%
    2017$3,659 $234,217 +2%
    2016$3,659 +3.6%$229,624 +1.5%
    2015$3,531 +2.6%$226,175 +2%
    2014$3,443 $221,745 +0.5%
    2013-- $220,743 +2%
    2012-- $216,414 +2%
    2011-- $212,170 +0.8%
    2010-- $210,584 -0.2%
    2009-- $211,084 +2%
    2008-- $206,945 +2%
    2007-- $202,887 +2%
    2006-- $198,908 +2%
    2005-- $195,008 +2%
    2004-- $191,184 +1.9%
    2003-- $187,680 -8.6%
    2002-- $205,368 +2%
    2001-- $201,342 +2%
    2000-- $197,394
    Find assessor info on the county website

    Neighborhood: 92335

    Nearby schools

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    Estimated market value
    $913,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $913,200