8582 Wheeler 1
Fontana, CA, 92335
$650,000
MLS: IV26077452
Beds
3
Baths
2
Sq Ft
1,332
Lot
0.11 ac
Year Built
1920
MLS #
IV26077452
Days on Market
1
Listed
Apr 10, 2026
Description
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 front 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 live. Business shops are located around the property, and public parking is right next door. Great location near shopping, public transportation, a train station, a nearby middle school, a post office, city hall offices, and community centers and fire department. Property zoned WMXU- walkable mixed-use, and is in the opportunity zone. This home offers a great opportunity, making it perfect for investors or buyers seeking a strong investment. This is also a great opportunity for creative thinkers to provide services to the local community and live on-site. This is a great home with a guest house in the back for family or friends.
Location
Fontana, San Bernardino County, CA 92335
Open on Google Maps ↗Listed by: PATRICIA GONZALEZ · SIERRA REALTY FONTANA INC
Payment estimate
$4,815
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $65,000 · Loan: $585,000
- Principal & Interest
- $3,594
- Property tax (1.25%)
- $677
- Homeowners insurance
- $300
- Mortgage insurance
- $244
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Fontana home with as little as 3.5% down using an FHA loan — roughly $22,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Fontana, CA 92335 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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