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9221 Wheeler Court

Fontana, CA 92335
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Bed 5

Bed

Bath 4

Bath

SqFt2,912

Sqft

SqFt8,100

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $975,000

AD Id : 91288942

MLS Id : 26989407

Beds : 5

Lot Size : 8,100 Sq. Ft

Living Area Size : 2,912 Sq. Ft

Year Built : 1978

County : San Bernardino

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 4

  • Building Information

    Year Built: 1978
    Building Area Total: 2912
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 8100 Lot Size Acres: 0.186 Lot Size Square Feet: 8,100

  • Listing Price Information

    Listing Price: $975000

  • Tax Information

    Parcel Number: 0194032170000

  • Parking Information

    Parking Total: 8

  • Location Information

    Direction: From the 10 Freeway, take the Sierra Avenue exit and head south on Sierra Avenue. Continue south, then turn onto Wheeler Court. Continue along Wheeler Court until you arrive at 9221 Wheeler Court in Fontana.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
193 N Maple Avenue, Fontana, CA, 92335 $815,000 3 2 1,050 34,100 Sq. Ft
8787 Locust Avenue #24, Fontana, CA, 92335 $99,000 1 1 624 --
18005 Vine, Fontana, CA, 92335 $600,000 3 2 1,012 7,245 Sq. Ft
9050 Dumond Drive, Fontana, CA, 92335 $579,000 4 2 1,452 7,560 Sq. Ft
17912 Merrill, Fontana, CA, 92335 $699,999 3 2 1,765 12,750 Sq. Ft
9454 Frankfort Avenue, Fontana, CA, 92335 $525,000 3 1 1,150 9,796 Sq. Ft
8568 Evergreen, Fontana, CA, 92335 $520,000 3 2 1,227 9,563 Sq. Ft
9087 Rosecrest Lane, Fontana, CA, 92335 $649,000 4 2 1,556 7,171 Sq. Ft
17746 Merrill, Fontana, CA, 92335 $550,000 4 3 1,459 9,360 Sq. Ft
9116 Amber Court, Fontana, CA, 92335 $664,789 4 2 1,724 7,100 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/17/2026 @ 03:46

MLS: 26989407 LISTED BY: Oscar Diaz, Marcus & Millichap 310-909-5500 SOURCE: CRMLS

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