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9221 Wheeler Ct
Fontana, CA 92335 Fontana

$975,000 USD

Apartments For Sale  •  2,792 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,912 SF
  • Lot Size 0.19 AC
  • Building Class C
  • Year Built 1978
  • Zoning R3, Fontana
30 Transit Score
50 Walk Score

Highlights

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.
Consists of (2) 1 Bedroom/1 Bath units, (1) 1 Bedroom/1 Bath + Den unit, and (1) 2 Bedroom/1 Bath unit.
Recent exterior renovations, fresh paint, and select interior upgrades, with additional upside through future improvements and rental growth.
Features eight on-site parking spaces, including four enclosed garages, on-site laundry, and a large shared backyard.
Offers flexibility for an investor seeking rental income or a buyer looking to occupy one unit while collecting income from the remaining three.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Fontana (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 3 min - 1.1 mi
Rialto (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 5.0 mi
Transit/SubwayDriveWalkDistance
Fontana (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 3 min 20 min 1.0 mi
AirportDriveWalkDistance
Ontario International 17 min - 11.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Sebastian Diaz 909-827-0687 Marcus & Millichap
Sebastian Diaz 909-827-0687 Marcus & Millichap