Movoto Real Estate
Sold on 01/12/2026
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8834 Wheeler, Fontana, CA 92335

$760,000

Last sold 01/12/2026 after 76 Days

  • —

    bed

  • —

    bath

Multi-family not for sale

About 8834 Wheeler

Property type Multi-family
Neighborhood
Year built 1970
HOA fee $0/month
Lot size 6,000 Sqft
Parking 2 garage spaces
Rental estimate
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.
Listed by
Listing Agent - KEN GALASSO
Listing Agent Contact: 909-226-9527
Listing Office - SIERRA REALTY FONTANA INC
Source: CRMLS mls logo
MLS#IV25248825 • last updated 9 months ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.1377
Lot Size (SqFt) 6000
Year Built 1970
Interior
Laundry In Kitchen
Exterior
Building Area Square Feet, 2400
# Carport Spaces 3
# Parking Spaces 5
# Garage Spaces 2
Lot Description 6-10 Units/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County San Bernardino
Community Features Suburban
Directions North Of Merrill Ave, Just East Of Sierra Ave.
APN 192171190000
Multifamily Details
Operating Expense 10695
Expense: Insurance 2308
Total Expenses 5608
Expense: Water/ Sewer 3300
Gross Income 46620
Gross Scheduled Income 46620
Rental est.: $1,813/month
Gross rent multiplier: 34.9
  • Jan 2026
    mls logo MLS # IV25248825
  • Jan 12, 2026 Sold
    $760,000
  • Dec 29, 2025 Pending
    —
  • Dec 19, 2025 Price Change
    $799,900 (-3.0%)
  • Dec 11, 2025 Price Change
    $825,000 (-2.9%)
  • Dec 3, 2025 Price Change
    $850,000 (-2.9%)
  • Nov 14, 2025 Listed
    —
  • Nov 12, 2025 Pending
    —
  • Oct 28, 2025 Listed
    $875,000 (+60.6%)
  • Jan 2026
    Public Records
  • Jan 8, 2026 Sold
    $760,000 (-5.0%)
  • Nov 2005
    Public Records
  • Nov 30, 2005 Sold
    $545,000
  • Year Property taxes Tax assessment
  • 2025
    $5,087 +30.2%
    $232,092 +2.0%
  • 2024
    $3,906 +17.8%
    $227,541
  • 2023
    $3,315 +1.5%
    $227,541 +2.0%
  • 2022
    $3,267 +1.4%
    $223,079 +2.0%
  • 2021
    $3,222 -0.3%
    $218,705 +2.0%
  • 2020
    $3,232 +3.7%
    $214,417 +1.04%
  • 2019
    $3,115 +0.5%
    $212,218 +2.0%
  • 2018
    $3,099
    $208,057
  • 8834 Wheeler
    $760K
  • Downtown Fontana
    $549K +16% y/y
  • 92335
    $559K -1% y/y
  • Fontana
    $613K -7% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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