8834 Wheeler, Fontana, CA 92335

$760,000

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Sold Price
$760,000
List Price
$799,900
Closing Date
Jan 12, 2026
Status
CLOSED
MLS#
IV25248825
Year Built
1970
Lot Size
6,000
Acres
0.14
Lot Location
6-10 Units/Acre
Days on Market
56
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Price Reduced. Outstanding investment opportunity in the heart of Fontana. This well-maintained three-unit building offers spacious two-bedroom, one-bath units, each occupied by long-term, reliable tenants. The property presents strong tenant stability and competitive rents, providing immediate income potential for new ownership. Recent improvements include a new roof, fresh exterior paint, and attractive landscaping that enhances curb appeal. Teo of the baths have been recently remodeled. The property shows beautifully from the street and reflects ongoing pride of ownership. Its central location places it just minutes from downtown Fontana, major shopping centers, restaurants, and freeway access, ensuring strong renter demand. Fontana is a rapidly growing city with a robust local economy, community amenities, and a significant redevelopment plan underway for its downtown district—creating future upside for property values and investor returns. Whether you’re expanding your portfolio or seeking a solid long-term income property, this 3-unit complex represents a rare find in one of the Inland Empire’s most active markets.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$46,620
Operating Expense
10695

Listing courtesy of Listing Agent: KEN GALASSO (kgalasso@sierrarealty.net) from Listing Office: SIERRA REALTY FONTANA INC.

Listing sold by KEN GALASSO from SIERRA REALTY FONTANA INC

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.