$625,000
-$25,0008582 Wheeler 1, Fontana CA 92335
Multi-Family (2 Units)
Property type
95 days
On market
$469
Price per sqft
0 cars
Garage
1920
Year built
4,800 sqft
Lot size
Home highlights
Open Houses
Overview
Opportunity awaits. Located in the city of Fontana, 2 Homes on 1 lot near downtown Fontana. The front house has 2 bedrooms, 1 bath, a small porch, a gated front yard, and includes a separate conversion/back house; the back porch area is shared with the back house. The back house has 1 bedroom and 1 bath, plus a small office space. A one-of-a-kind spot to do more than just...
Listing provided by: PATRICIA GONZALEZ DRE #01745700 909-822-1200, SIERRA REALTY FONTANA INC
Listing updated: May 26, 2026 at 08:48pm.
Last checked: Jun 3, 2026 at 10:00am
Source: CRMLS #IV26045408
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,900 | $1,900 | $1,900 | Unfurnished |
| 1 | 1 | 1 | — | $1,800 | $1,800 | $1,800 | Unfurnished |
# of Buildings: 2
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
Rent Control: No
Units Leased: 2
Total Actual Rent: $3,700
Tenant Pays: All Utilities, Cable Tv, Electricity, Exterior Maintenance, Gas, Insurance, Telephone, Water
Financial Snapshot
Gross Rent Multiplier
168.9x
List Price / Annual Gross Rent
Cap Rate
7.1%
NOI / List Price
Gross Scheduled Income: $3,700
Operating Expense: $5,600
Net Operating Income: $44,400
Annual Operating Expenses
Cable TV: $0
Electric: $0
Furniture Replacement: $0
Gardener: $0
Fuel: $0
Insurance: $0
Maintenance: $0
Pest Control: $0
Pool: $0
Supplies: $0
Trash: $480
Other Expense: $5,600
Interior
Interior Features: Unfurnished, All Bedrooms Down, Main Floor Bedroom
Room Type: Bedroom, Entry Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Other
Flooring: Vinyl
Cooling: Wall Window Units
Heating: Floor Furnace
Appliances: Water Heater
Fireplace: None
Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Accessibility: None
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 0
Levels: One
Roof: Shingle
Foundation: Concrete Perimeter
Construction Materials: Drywall, Unknown
Property Condition: Additions Alterations
Common Walls: No Common Walls
Direction Faces: East
Security Features: Carbon Monoxide Detectors
Lot Features: Zero To One Unit Acre, Front Yard, Lawn, Near Park, Near Public Transit, Street Level
Pool: None
Spa: None
Fencing: Average Condition, Chain Link
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View: None
Road Frontage Type: Alley, City Street
Other Structures: Guest House Detached, Two On Alot
Garage and Parking
Parking: No Driveway, Off Street, Other, Public, One Space
Garage Spaces: 0
Uncovered Spaces: 2
Carport Spaces: 0
Parking Total: 2
Lot Information
Land Lease: Yes
Common Interest: None
Parcel #: 0192141250000
Additional Parcels: No
Tax Lot: 32
Zoning: WMXU
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Street Lights, Sidewalks, Park
Nearby Schools
Nearby schools around the 8582 Wheeler 1, Fontana, CA 92335. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$500,000
Total Interest
$637,722
Total Payment
$1,137,722
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$3,961
per month
Property History for 8582 Wheeler 1
Fontana Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92335.
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