- – beds
- – baths
- – sqft
- 8,100 sqft lot
- 1978 build
- – on site
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.
Last checked:
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Last updated Jul 15, 2025
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MLS# DW25158425 —
The Building
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Year Built:1978
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:2792.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:1 Common Wall
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# of Separate Gas Meters:4
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# of Separate Water Meters:1
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# of Separate Electric Meters:4
Interior
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Levels:Two
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Entry Location:1
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Laundry:Community
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Laundry:1
Location
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Directions:Take 10 Freeway to Sierra Avenue then to Wheeler Ct
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Latitude:34.08595400
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Longitude:-117.43440700
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Lot Features:Cul-De-Sac
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Lot Size Area:8100.0000
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Lot Size Acres:0.1860
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Lot Size SqFt:8100.00
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Lot Size Source:Assessor
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Exclusions:Personal property
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:32.02
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Tax Tract:7096
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Tax Lot:15
The Listing
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Special Listing Conditions:Standard
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Parcel Number:0194032240000
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Street Lights, Urban
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Assigned, Carport, Garage
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Parking Spaces:8.00
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Garage Spaces:4.00
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Carport Spaces:4.00
Extra Units
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Average 1 Bed Area:624
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Average 2 Bed Area:963
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Number With Disposal:4
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Number With Dishwasher:4
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Number With Refrigerator:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/14/25
Jul 14, 2025
|
Listed / Active | CRMLS_CA | $899,900 | -0.0% (0.0% / YR) |
7/15/22
Jul 15, 2022
|
CRMLS_CA | $900,000 | 5.9% | |
5/31/22
May 31, 2022
|
CRMLS_CA | $849,900 |