Four-Unit Quadplex with
For Sale
$975,000
9221 Wheeler Ct, Fontana, CA 92335
Fontana multifamily property with updated interiors, shared outdoor space, laundry facilities, and enclosed parking.
Property SizeContact for details
Days on Market48
Property Features for 9221 Wheeler Ct
General Information
Standard status
Active
Property subtype
Multifamily
Amenities
Currently producing a 5.81% cap rate with the opportunity to achieve a projected 6.43% cap rate as rents are brought closer to market.
DESIRABLE UNIT MIX: Consists of (2) 1 Bedroom/1 Bath units, (1) 1 Bedroom/1 Bath + Den unit, and (1) 2 Bedroom/1 Bath unit.
FOUR-UNIT INVESTMENT & OWNER-USER OPPORTUNITY: Offers flexibility for an investor seeking rental income or a buyer looking to occupy one unit while collecting income from the remaining three.
VALUE-ADD & RECENT IMPROVEMENTS: Recent exterior renovations, fresh paint, and select interior upgrades, with additional upside through future improvements and rental growth.
AMPLE PARKING & TENANT AMENITIES: Features eight on-site parking spaces, including four enclosed garages, on-site laundry, and a large shared backyard.
Building Details
Units
4
Listing Agency:
Inland Empire Office
Listed By:
Sebastian Diaz · License #License(s): CA: 02109872
(213) 943-1839
Source:
Marcusmillichap
Added: Sep 18
Changed: Oct 26
Last Checked: Nov 3 at 3:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Inland Empire Office
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Investment Insights
Based on property information with market context.
This four-unit multifamily property in Fontana was built in 1978 and includes two one-bedroom, one-bath units, one one-bedroom, one-bath unit with a den, and one two-bedroom, one-bath unit. The property has received exterior work, fresh paint, and interior updates. Shared amenities include a large backyard, on-site washer and dryer, and eight parking spaces, including four enclosed garages. The lot measures 8,100 square feet.
The property is positioned near the 10, 15, and 210 Freeways, providing access across the Inland Empire and toward Los Angeles, San Bernardino, and Riverside. Nearby employment context includes Amazon, Kaiser Permanente Fontana Medical Center, and the broader Inland Empire logistics corridor. Current operating metrics include a 5.81% cap rate and 11.11 GIM.
The property is positioned near the 10, 15, and 210 Freeways, providing access across the Inland Empire and toward Los Angeles, San Bernardino, and Riverside. Nearby employment context includes Amazon, Kaiser Permanente Fontana Medical Center, and the broader Inland Empire logistics corridor. Current operating metrics include a 5.81% cap rate and 11.11 GIM.
Key Highlights
- Four‑unit property with two one‑bedroom units, one one‑bedroom unit plus den, and one two‑bedroom unit
- 8,100‑square‑foot lot with 8 on‑site parking spaces, including 4 enclosed garages
- Built in 1978 with exterior renovations, fresh paint, and interior upgrades
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
798
Businesses Nearby
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Business Placement
Demographics for 92335, CA
96,605
Population
25,861
Households
3.7
Avg Household Size
31
Median Age
10%
College-Educated
67%
High-School Grad
17.5 sq mi
ZIP Area
5,520
Density / Sq Mi
$75,198
Median Household Income
$35,912
Median Earnings
$1,636
Median Rent
$433,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Fontana multifamily property with updated interiors, shared outdoor space, laundry facilities, and enclosed parking.
Where is this quadplex located?
The property is located at 9221 Wheeler Ct Fontana, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Four‑unit property with two one‑bedroom units, one one‑bedroom unit plus den, and one two‑bedroom unit; 8,100‑square‑foot lot with 8 on‑site parking spaces, including 4 enclosed garages; Built in 1978 with exterior renovations, fresh paint, and interior upgrades
