9221 Wheeler Court, Fontana, CA 92335
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
9221 Wheeler Court,Fontana, CA 92335
$975,000
- 5 Beds
- 4 Baths
- 2,912 sq. ft.
- Multi-family
- Active
Listed by: oscar diaz
Office: marcus & millichap310-909-5500
MLS#:26989407
Source:CRMLS
Price summary
- Price:$975,000
- Price per sq. ft.:$334.82
About this home
We are pleased to present 9221 Wheeler Court, a four-unit multifamily property located in Fontana, California. The property is conveniently located near the 10, 15, and 210 Freeways, providing tenants with easy access throughout the Inland Empire, including Los Angeles, San Bernardino, and Riverside. 9221 Wheeler Court offers investors the opportunity to acquire a well-maintained four-unit property with strong in-place income and a clear value-add component. Recent interior renovations highlight the property's potential, while the remaining units offer additional upside through future improvements and rental growth. The property features approximately 2,192 rentable square feet on an 8,100-square-foot lot. Built in 1978, the unit mix consists of two one-bedroom/one-bathroom units, one one-bedroom/one-bathroom plus den unit, and one two-bedroom/one-bathroom unit. Amenities include a large shared backyard, on-site washer and dryer, and eight on-site parking spaces, including four enclosed garages. Recent improvements include exterior renovations, fresh paint, and interior upgrades. Offered at $975,000, the property is priced at $243,750 per unit and $334.82 per square foot. The property is currently producing a 5.81% cap rate and 11.11 GIM, with the opportunity to achieve a stabilized 6.43% cap rate and 10.36 GIM as rents are brought closer to market. Fontana continues to experience steady rental demand supported by its relative affordability, freeway access, and diverse employment base, including Amazon, Kaiser Permanente Fontana Medical Center, and the broader Inland Empire logistics corridor. With strong in-place income, recent improvements, and additional upside, 9221 Wheeler Court offers investors immediate cash flow with a clear path to increased long-term returns....
Contact an agent
Home facts
- Year built:1978
- Listing ID #:26989407
- Added:56 day(s) ago
- Updated:November 12, 2026 at 01:08 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Living area:2,912 sq. ft.
Structure and exterior
- Year built:1978
- Building area:2,912 sq. ft.
- Lot area:0.19 Acres
- Levels:2 Story
Finances and disclosures
- Price:$975,000
- Price per sq. ft.:$334.82
Parking
- Total parking spaces:8
New listings near 9221 Wheeler Court
- Coming Soon
$479,000Coming Soon2 beds 2 baths1,380 sq. ft.7543 W Liberty Parkway #673, Fontana, CA 92336
MLS# HD26230279Listed by: HOMEQUEST REAL ESTATE - Coming Soon
$679,900Coming Soon4 beds 3 baths2,208 sq. ft.16459 Applegate, Fontana, CA 92337
MLS# CV26241868Listed by: EXP REALTY OF GREATER LOS ANGELES - Coming Soon
$885,000Coming Soon4 beds 3 baths2,648 sq. ft.15387 Petunia, Fontana, CA 92336
MLS# IV26239822Listed by: CARLOS GOMEZ ARCHILA, BROKER - Coming Soon
$829,999Coming Soon5 beds 3 baths2,714 sq. ft.15564 Skylark Avenue, Fontana, CA 92336
MLS# CV26235070Listed by: KELLER WILLIAMS EMPIRE ESTATES - Coming SoonOpen Sun, 12 to 3pm
$858,500Coming Soon4 beds 4 baths3,315 sq. ft.16226 Plum Street, Fontana, CA 92336
MLS# CV26234332Listed by: LACY REALTY - New
$1,199,000Active5 beds 5 baths3,305 sq. ft.15950 Butterfly, Fontana, CA 92336
MLS# DW26242283Listed by: RISE REAL ESTATE GROUP - Open Sat, 12 to 3pmNew
$599,888Active3 beds 3 baths1,882 sq. ft.13864 Sedum Lane, Fontana, CA 92336
MLS# IG26242319Listed by: CENTURY 21 PRIMETIME REALTORS - New
$609,990Active4 beds 3 baths2,000 sq. ft.14768 Crater Lake Lane, Fontana, CA 92337
MLS# SW26242114Listed by: KB HOME SALES-SOUTHERN CA INC - New
$495,000Active3 beds 3 baths1,419 sq. ft.15032 Gallery, Fontana, CA 92336
MLS# CV26241994Listed by: CROWN ROYAL REAL ESTATE, INC. - Open Sat, 11am to 3pmNew
$549,900Active3 beds 3 baths1,832 sq. ft.16125 Gelato Court #3, Fontana, CA 92336
MLS# CV26241403Listed by: MAINSTREET REALTORS