Seller's Agent in 2025
Herb Diaz
PLF Real Estate Solutions
(562) 639-9636
1 in this area
100 Total Sales
9240 Wheeler Ct Fontana, CA 92335
5
Beds
5
Baths
2,792
Sq Ft
8,100
Sq Ft Lot
Highlights
- Cul-De-Sac
- Laundry Room
- 4 Car Garage
About This Home
As of August 2025Fantastic 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 Agent to Sell the Property
PLF Real Estate Solutions Brokerage Phone: 562-639-9636 License #01458024 Listed on: 07/14/2025
Last Buyer's Agent
Latrevia Palacios
REDFIN CORPORATION License #01476008
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,800
Year Built
- Built in 1978
Lot Details
- 8,100 Sq Ft Lot
- 1 Common Wall
- Cul-De-Sac
Parking
- 4 Car Garage
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,792 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 15
- Tax Tract Number 7096
- Assessor Parcel Number 0194032240000
- $2,620 per year additional tax assessments
Community Details
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $300
- Insurance Expense $1,125
- Trash Expense $3,300
- Water Sewer Expense $4,200
- Operating Expense $8,925
- Gross Income $81,360
- Net Operating Income $73,140
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2025
Closed on
Jul 26, 2025
Sold by
Mendoza Frank
Bought by
Nguyen-Tran Family Revocable Trust and Tran
Seller's Agent
Herb Diaz
PLF Real Estate Solutions
Buyer's Agent
Latrevia Palacios
REDFIN CORPORATION
List Price
$899,900
Sold Price
$928,000
Premium/Discount to List
$28,100
3.12%
Views
344
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-38.37%
Original Mortgage
$310,000
Outstanding Balance
$309,729
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$591,708
Purchase Details
Listed on
May 19, 2022
Closed on
Jun 16, 2022
Sold by
Johanna Mendoza
Bought by
Mendoza Frank
Seller's Agent
Gene Tsair
Legacy Real Estate
Buyer's Agent
Aaron Carrillo
PLF Real Estate Solutions
List Price
$849,900
Sold Price
$900,000
Premium/Discount to List
$50,100
5.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.99%
Original Mortgage
$716,000
Interest Rate
5.78%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 19, 2022
Closed on
Jun 9, 2022
Sold by
Tseming Kiang
Bought by
Mendoza Frank
Seller's Agent
Gene Tsair
Legacy Real Estate
Buyer's Agent
Aaron Carrillo
PLF Real Estate Solutions
List Price
$849,900
Sold Price
$900,000
Premium/Discount to List
$50,100
5.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
5.78%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 18, 2021
Closed on
Apr 27, 2021
Sold by
Great Wave Group Inc
Bought by
Kiang Tseming
Seller's Agent
Gene Tsair
Legacy Real Estate
Buyer's Agent
Gene Tsair
Legacy Real Estate
List Price
$720,000
Sold Price
$720,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.21%
Purchase Details
Listed on
Oct 29, 2019
Closed on
Nov 21, 2019
Sold by
Liu Elizabeth Tzu Hui and Lei Jing Ying
Bought by
Great Wave Group Inc
Seller's Agent
Paul Cheng
Pinnacle Real Estate Group
Buyer's Agent
Marie Sy
RE/MAX TIME REALTY
List Price
$680,000
Sold Price
$670,000
Premium/Discount to List
-$10,000
-1.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Purchase Details
Listed on
May 2, 2018
Closed on
Jul 16, 2018
Sold by
Chen Sei Feng
Bought by
Lei Jing Ying
Seller's Agent
Erika Banos-Soria
BERKSHIRE HATHAWAY HOME SERVIC
Buyer's Agent
Paul Cheng
Pinnacle Real Estate Group
List Price
$635,000
Sold Price
$573,888
Premium/Discount to List
-$61,112
-9.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.15%
Original Mortgage
$430,416
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
May 2, 2018
Closed on
Jun 8, 2018
Sold by
Soria Claudia
Bought by
Liu Elisabeth Tzu Hui and Lei Jing Ying
Seller's Agent
Erika Banos-Soria
BERKSHIRE HATHAWAY HOME SERVIC
Buyer's Agent
Paul Cheng
Pinnacle Real Estate Group
List Price
$635,000
Sold Price
$573,888
Premium/Discount to List
-$61,112
-9.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,416
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jan 19, 2016
Closed on
Feb 1, 2016
Sold by
Mendez Salomon and Mendez Paula
Bought by
Soria Claudia
Seller's Agent
OLUFEMI ADEBAYO
HOMEQUEST REAL ESTATE
Buyer's Agent
Erika Banos-Soria
BERKSHIRE HATHAWAY HOME SERVIC
List Price
$449,999
Sold Price
$435,000
Premium/Discount to List
-$14,999
-3.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.13%
Original Mortgage
$316,750
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 28, 2003
Sold by
Miller Minnia
Bought by
Miller William B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,850
Interest Rate
5.78%
Purchase Details
Closed on
Feb 5, 2003
Sold by
Zavala Vicente
Bought by
Miller William
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,850
Interest Rate
5.78%
Purchase Details
Closed on
Dec 4, 2001
Sold by
Casillas Henry and Casillas Velia
Bought by
Mendez Salomon and Mendez Paula
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,460
Interest Rate
7.11%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 21, 2001
Sold by
Bustamante Raymond N
Bought by
Zavala Vicente
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,460
Interest Rate
7.11%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $928,000 | Pacific Coast Title | |
| Deed | -- | Orange Coast Title | |
| Grant Deed | $900,000 | Orange Coast Title | |
| Deed | -- | Orange Coast Title | |
| Grant Deed | $720,000 | Orange Coast Title | |
| Grant Deed | $670,000 | Lawyers Title Ie | |
| Quit Claim Deed | -- | North American Title Company | |
| Grant Deed | $574,000 | North American Title Company | |
| Grant Deed | $435,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | Ticor Title Co | |
| Grant Deed | $245,500 | Ticor Title Co | |
| Grant Deed | $184,000 | First American Title | |
| Grant Deed | $175,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $310,000 | New Conventional | |
| Previous Owner | $716,000 | New Conventional | |
| Previous Owner | $430,416 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $371,000 | New Conventional | |
| Previous Owner | $316,750 | New Conventional | |
| Previous Owner | $15,000 | Credit Line Revolving | |
| Previous Owner | $163,200 | Unknown | |
| Previous Owner | $171,850 | No Value Available | |
| Previous Owner | $166,460 | FHA | |
| Closed | $49,100 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Sold | $928,000 | +3.1% | $332 / Sq Ft |
| 08/16/2025 08/16/25 | For Sale | $899,900 | -3.0% | $322 / Sq Ft |
| 08/01/2025 08/01/25 | Pending | -- | -- | -- |
| 07/23/2025 07/23/25 | Off Market | $928,000 | -- | -- |
| 07/14/2025 07/14/25 | For Sale | $899,900 | 0.0% | $322 / Sq Ft |
| 07/15/2022 07/15/22 | Sold | $900,000 | 0.0% | $322 / Sq Ft |
| 05/30/2022 05/30/22 | Pending | -- | -- | -- |
| 05/27/2022 05/27/22 | Off Market | $900,000 | -- | -- |
| 05/19/2022 05/19/22 | For Sale | $849,900 | 0.0% | $304 / Sq Ft |
| 01/27/2022 01/27/22 | Rented | $1,500 | 0.0% | -- |
| 01/27/2022 01/27/22 | Under Contract | -- | -- | -- |
| 01/27/2022 01/27/22 | For Rent | $1,500 | 0.0% | -- |
| 05/18/2021 05/18/21 | Sold | $720,000 | 0.0% | $258 / Sq Ft |
| 05/18/2021 05/18/21 | Pending | -- | -- | -- |
| 05/18/2021 05/18/21 | For Sale | $720,000 | 0.0% | $258 / Sq Ft |
| 09/16/2020 09/16/20 | Rented | $1,050 | 0.0% | -- |
| 09/16/2020 09/16/20 | Under Contract | -- | -- | -- |
| 09/16/2020 09/16/20 | For Rent | $1,050 | 0.0% | -- |
| 12/09/2019 12/09/19 | Sold | $670,000 | -1.5% | $240 / Sq Ft |
| 11/28/2019 11/28/19 | Pending | -- | -- | -- |
| 10/29/2019 10/29/19 | For Sale | $680,000 | +18.5% | $244 / Sq Ft |
| 08/02/2018 08/02/18 | Sold | $573,888 | -4.3% | $206 / Sq Ft |
| 06/01/2018 06/01/18 | Pending | -- | -- | -- |
| 05/30/2018 05/30/18 | Price Changed | $599,888 | -5.5% | $215 / Sq Ft |
| 05/02/2018 05/02/18 | For Sale | $635,000 | +46.0% | $227 / Sq Ft |
| 03/01/2016 03/01/16 | Sold | $435,000 | -3.3% | $156 / Sq Ft |
| 01/28/2016 01/28/16 | Pending | -- | -- | -- |
| 01/19/2016 01/19/16 | For Sale | $449,999 | -- | $161 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,800 | $936,360 | $187,272 | $749,088 |
| 2024 | $11,800 | $918,000 | $183,600 | $734,400 |
| 2023 | $11,132 | $900,000 | $180,000 | $720,000 |
| 2022 | $9,071 | $734,400 | $163,200 | $571,200 |
| 2021 | $8,488 | $676,941 | $202,072 | $474,869 |
| 2020 | $8,491 | $670,000 | $200,000 | $470,000 |
| 2019 | $7,321 | $573,888 | $200,000 | $373,888 |
| 2018 | $6,129 | $452,574 | $150,858 | $301,716 |
| 2017 | $3,659 | $234,217 | $46,845 | $187,372 |
| 2016 | $3,531 | $229,624 | $45,926 | $183,698 |
| 2015 | $3,443 | $226,175 | $45,236 | $180,939 |
| 2014 | $3,407 | $221,745 | $44,350 | $177,395 |
Source: Public Records
Agents Affiliated with this Home
-
Herb Diaz
-
Latrevia Palacios
L
Buyer's Agent in 2025
Latrevia Palacios
REDFIN CORPORATION
-
Gene Tsair
G
Seller's Agent in 2022
Gene Tsair
Legacy Real Estate
(714) 644-9500
2 in this area
49 Total Sales
-
Mike Vartanian
Seller Co-Listing Agent in 2022
Mike Vartanian
Legacy Real Estate
(714) 584-2700
3 in this area
76 Total Sales
-
Aaron Carrillo
Buyer's Agent in 2022
Aaron Carrillo
PLF Real Estate Solutions
(323) 747-7310
2 in this area
6 Total Sales
-
Paul Cheng
P
Seller's Agent in 2019
Paul Cheng
Pinnacle Real Estate Group
(626) 242-4088
1 in this area
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25158425
APN: 0194-032-24
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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