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    California Regional Multiple Listing Service

    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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    Home / Rialto / 242 W Jackson
    242 W Jackson Rialto, CA 92376 242 W Jackson Rialto, CA 92376 242 W Jackson Rialto, CA 92376 242 W Jackson Rialto, CA 92376 242 W Jackson Rialto, CA 92376 242 W Jackson Rialto, CA 92376 242 W Jackson Rialto, CA 92376 242 W Jackson Rialto, CA 92376 242 W Jackson Rialto, CA 92376 View All Photos

    $2,499,999

    | Active

    242 W Jackson

    Rialto, CA 92376

    0.33
    Acres
    14
    Days on Market
    TR26189541
    MLS#
    Multi-Family
    Type
    House
    Structure
    Residential
    Zone
    Contact
    Listing OfficePinnacle Real Estate Group

    Exceptional Multifamily Investment Opportunity | 8-Unit Value-Add Asset 242 W Jackson St, Rialto, CA 92376 | APN: 0127-311-13-0000 Presenting a rare, high-yield investment opportunity in the rapidly growing Inland Empire. Located at 242 W Jackson St, this impressive multi-family property consists of two buildings featuring eight identical, oversized 2-bedroom, 2-bathroom residences. Spanning a massive 1,225 sq. ft. per unit (9,800 total building sq. ft.), these configurations are significantly larger than area averages, driving exceptional long-term tenant retention and competitive rental premiums. The Ultimate Value-Add Play: -Significant Upside Potential: Current rents are performing well below market rates, offering a clear path to instant cash flow optimization through programmatic unit turns and strategic lease renewals. -Separated Utilities: The property is efficiently designed with 9 separate electric meters and 2 separate water meters, keeping operational overhead remarkably low. -Premium Garage Income: Boasts 11 fully enclosed garages. In a high-density tenant market, these secure units command premium independent rental value or can be bundled to command top-of-market residential rents. -Ancillary Income: Dedicated space on-site for community laundry facilities creates an immediate, reliable secondary revenue stream. Prime Location & Infrastructure: -Commuter Centric: Strategically positioned with immediate, frictionless access to major transit veins including the I-10, I-15, I-210, and I-215 freeways, providing unparalleled connectivity across Southern California. -Walkable Conveniences: Situated just a 5-minute walk from local retail anchors like the Rialto Shopping Center and Superior Grocers. Low Maintenance: Positioned on a manageable 0.33-acre lot with highly functional, paved parking and driveway layouts. Call today! Do not miss your chance to secure a standout, high-square-footage multifamily asset with massive value built-in.

    Property Details
    Interior
    Balcony
    Cooling
    1
    Heating
    Central
    Cooling Features
    Central Air
    View
    Neighborhood
    Lot Features
    Six To Ten Units Acre
    Stories
    2
    Lot Description
    Six To Ten Units Acre
    Exterior Features
    Lighting
    Exterior Materials
    Lighting
    Acres
    0.333
    Lot Size (sqft)
    14518.0
    Parking Features
    Garage, Off Street
    Parking
    1
    Parking Spaces
    22.0
    Parking Type
    Garage
    Parking Garage Spaces
    11.0
    Property Type
    Multi-Family
    Property Subtype Additional
    Apartment
    Year Built
    1962
    Roof
    Flat
    Sewer Information
    Public Sewer
    Utility Source
    Public
    Utility Features
    Electricity Connected, Sewer Connected, Water Connected
    Appliances
    Electric Range, Refrigerator
    Community Features
    Street Lights, Sidewalks, Gated
    County
    San Bernardino
    Region
    Rialto
    Original List Price
    $2,560,000
    Days on Market (Cumulative)
    14
    Taxes Annual
    $12,918
    HOA Fees
    0.0
    MLS #
    TR26189541
    Location
    Legal

    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

    Provided By
    Listed by Jonathan Chien (#TRCHIEJON)
    Listing Office: Pinnacle Real Estate Group (#PB19282)

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