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9240 Wheeler Court, Fontana, CA 92335
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9240 Wheeler Court Fontana, CA 92335

$900,000 Sold Price as of 07/15/2022
  • 5 Beds
  • 4.75 Baths
  • 2,792 Sq.Ft.
Sold
$900,000 Sold Price as of 07/15/2022 Refinance Your Mortgage
Map preview of 9240 Wheeler Court, Fontana, CA 92335

Property Overview: 9240 Wheeler Court Fontana, CA has 5 bedrooms, 4.75 bathrooms, 2,792 living square feet and 8,100 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: High cash flow right now. This 4 plex is located on a cul-de-sac in the city of Fontana. The building is approx. 2,792 sq.ft. on a 8,100 lot. This terrific layout can be used for investment, family compound or living in one, rent the rest. Each unit has their own 1 car garage, and 1 additional carport per unit (8 parking spaces minimum, possible additional parking). Units all have central A/C and forced air heating. The units are mostly market rent, with coin operated community washer/dryer for additional income. Unit A is a 2 bedroom / 2 bath downstairs, recently painted. Units B,C,D are all 1 bedroom / 1 bath upstairs. Unit C is ready for your finishing touches. Unit D was recently painted with new waterproof vinyl flooring (interior photos are unit D). Take advantage of this opportunity today!

Listed by Gene Tsair | BRE #01843673 | Realty Pro 100
Co-listed by Michael Vartanian | BRE #00920875 | Realty Pro 100
Last checked: 10 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
8,100
HOA Dues
$0/mo
Year built
1978
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW22032539
City
Fontana
County
San Bernardino
Time on Site
854 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,125
  • Total Rent: $1,125
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.87%
  • Gross Rent Multiplier: 11.56
  • Gross Scheduled Income: $73,500
  • Net Operating Income: $66,916
  • Gross Operating Income: --
  • Laundry Income: $2,400
Annual Expense Breakdown
  • Total Operating Expense: $6,584
  • Electric: $1,504
  • Gas/Fuel: $360
  • New Taxes: $460
  • Trash: $1,020
  • Insurance: $2,400
  • Water/Sewer: $840

Property Details for 9240 Wheeler Court

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 0194032240000
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From Sierra, right on Randall, left on Wheeler.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Fontana Agent

Sale History for 9240 Wheeler Court

Last sold for $900,000 on July 15th, 2022

  • July, 2022

  • Jul 15, 2022

    Date

    Sold

    CRMLS: PW22032539

    $900,000

    Price

  • May 19, 2022

    Date

    Active

    CRMLS: PW22032539

    $849,900

    Price

  • January, 2022

  • Jan 27, 2022

    Date

    Active

    CRMLS: PW22007476

    $1,500

    Price

  • Jan 27, 2022

    Date

    Leased

    CRMLS: PW22007476

    $1,500

    Price

  • Listing provided courtesy of CRMLS

    Inputted for comp purposes only.

  • June, 2021

  • Jun 28, 2021

    Date

    Leased

    CRMLS: PW21126709

    $1,500

    Price

  • Jun 21, 2021

    Date

    Hold

    CRMLS: PW21126709

    $1,500

    Price

  • Jun 18, 2021

    Date

    Active

    CRMLS: PW21126709

    $1,500

    Price

  • Jun 11, 2021

    Date

    Coming Soon

    CRMLS: PW21126709

    $1,500

    Price

  • Listing provided courtesy of CRMLS

    Available to show soon, ready for move-in July 1 or a bit earlier. 2 bedroom, 2 bathroom downstairs 4-plex unit (apartment), estimated 996 sq. ft, single level with downstairs entry. One garage parking, one uncovered carport parking. Community washer/dryer. Water and trash included.

  • May, 2021

  • May 18, 2021

    Date

    Sold

    CRMLS: PW21104786

    $720,000

    Price

  • May 18, 2021

    Date

    Active

    CRMLS: PW21104786

    $720,000

    Price

  • Listing provided courtesy of CRMLS

    Two Story 4-plex in the city of Fontana. Sold prior to MLS submission, for comp.

  • September, 2020

  • Sep 16, 2020

    Date

    Leased

    CRMLS: PW20193579

    $1,050

    Price

  • Sep 16, 2020

    Date

    Active

    CRMLS: PW20193579

    $1,050

    Price

  • Listing provided courtesy of CRMLS

    Inputted for comp purposes only.

  • December, 2019

  • Dec 10, 2019

    Date

    Sold

    CRMLS: AR19253412

    $670,000

    Price

  • Dec 6, 2019

    Date

    Pending

    CRMLS: AR19253412

    $680,000

    Price

  • Oct 29, 2019

    Date

    Active

    CRMLS: AR19253412

    $680,000

    Price

  • Listing provided courtesy of CRMLS

    Huge opportunity to buy this great residential income property, Located next to downtown fontana. contains 3, 1 bed 1 bath units and 1, 2 bed 2 bath unit. desired part of Fontana, easy access to the freeways. each unit comes with its own garage and carport.

  • December, 2019

  • Dec 9, 2019

    Date

    Sold (Public Records)

    Public Records

    $670,000

    Price

  • December, 2018

  • Dec 18, 2018

    Date

    Canceled

    CRMLS: AR18189365

    $1,050

    Price

  • Aug 31, 2018

    Date

    Withdrawn

    CRMLS: AR18189365

    $1,050

    Price

  • Aug 5, 2018

    Date

    Active

    CRMLS: AR18189365

    $1,050

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 1 bed 1 bath with 1 garage and 1 more parking space in front of the garage

  • August, 2018

  • Aug 3, 2018

    Date

    Sold

    CRMLS: CV18102803

    $573,888

    Price

  • Jul 13, 2018

    Date

    Pending

    CRMLS: CV18102803

    $599,888

    Price

  • Jun 19, 2018

    Date

    Active Under Contract

    CRMLS: CV18102803

    $599,888

    Price

  • Jun 15, 2018

    Date

    Active

    CRMLS: CV18102803

    $599,888

    Price

  • Jun 4, 2018

    Date

    Active Under Contract

    CRMLS: CV18102803

    $599,888

    Price

  • May 31, 2018

    Date

    Price Change

    CRMLS: CV18102803

    $599,888

    Price

  • May 3, 2018

    Date

    Active

    CRMLS: CV18102803

    $635,000

    Price

  • Listing provided courtesy of CRMLS

    Great 4 Unit complex located in desirable area of Fontana, walking distance to shopping centers and close to the 10 freeway. 1 unit consists of a spacious 2 bed 2 bath, the other 3 units consisting of 1 bed 1 bath. All 4 units have their own one car garage, A/C and heating. Three of four units have been remodeled within the last two years, updates include: tile floors, painted and repaired kitchen cabinets, new light fixtures and more. There is also a separate community laundry room for additional income. Units are fully occupied. Great income producing property!

  • August, 2018

  • Aug 2, 2018

    Date

    Sold (Public Records)

    Public Records

    $574,000

    Price

Show More

Tax History for 9240 Wheeler Court

Assessed Value (2020): $670,000
Year Land Value Improved Value Assessed Value
2020 $200,000 $470,000 $670,000

Home Value Compared to the Market

This property vs the competition

9240 Wheeler Court sold on July 15, 2022 for 37.08% higher than the current median sold price for the city of Fontana which is $620,000. The median sold price per/sqft for Fontana is $362 and this home is sold at $304.41 per/sqft which puts the price per square foot 15.91% lower than the current median sale per square foot for the city of Fontana.

About 9240 Wheeler Court

Detailed summary of property

9240 Wheeler Court is a fourplex that recently sold in Fontana, CA 92335. This fourplex offered 5 bedrooms, 4.75 bathrooms, roughly 2,792 living square feet, and sits on an approximately 8,100 square foot lot. 9240 Wheeler Court was first listed on ArdentRealEstateGroup.com on May 19, 2022. The homeowner sold the property for $900,000. Home in Fontana are selling for a median price of $620,000 and a median price per square foot of $362. Based on Ardent Real Estate Group's Fontana Market Data, this home is sold 37.08% higher than the current median priced home. Local homes that are currently for sale include 7614 Fern St, 4829 Hedrick Ave and 4405 N Sierra Way. While the average home in Fontana, CA is selling in 61 days, 9240 Wheeler Court has a days on market of 8 days. There are currently 370 homes for sale in the Fontana real estate market and 308 of them are single family homes while 57 of them are condos and 5 are townhomes. For more information on this home for sale at 9240 Wheeler Court Fontana, CA 92335 contact Ardent Real Estate Group and we will put you in touch with one of our Fontana agents.

Public Facts for 9240 Wheeler Court

Public county record property details
Beds
--
Baths
--
Year built
1978
Sq. Ft.
2,792
Lot Size
8,100
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
15
APN
0194-032-24-0000

The source for these homes facts are from public records.

92335 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$580,000
Median List Price/Sq.Ft.
$406
Median Sold Price
$593,000
Median Sold Price/Sq.Ft.
$416
Total Inventory
93
Median Sale to List Price %
100.85%
Avg Days on Market
40
Loan Type
Conventional (30%), FHA (50%), VA (5%), Cash (0%), Other (10%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 9240 Wheeler Court

9251 Wheeler Court, Fontana, CA 92335
$810,000 Last Sold Price
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9251 Wheeler Court
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$749,000 Last Sold Price
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9213 Olive St, Fontana, CA 92335
$1,675,000 Last Sold Price
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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