242 W Jackson, Rialto, CA 92376
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
242 W Jackson,Rialto, CA 92376
$2,499,999
- - Beds
- - Baths
- 9,800 sq. ft.
- Multi-family
- Active
Listed by: jonathan chien, tony lam
Office: pinnacle real estate group626-888-9808
MLS#:TR26189541
Source:CRMLS
Price summary
- Price:$2,499,999
- Price per sq. ft.:$255.1
About this home
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....
Contact an agent
Home facts
- Year built:1962
- Listing ID #:TR26189541
- Added:72 day(s) ago
- Updated:November 09, 2026 at 12:17 PM
Rooms and interior
- Flooring:Stone
- Kitchen Description:Electric Range, Refrigerator
- Living area:9,800 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Flat
- Year built:1962
- Building area:9,800 sq. ft.
- Lot area:0.33 Acres
- Construction Materials:Stucco
- Exterior Features:Lighting
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,499,999
- Price per sq. ft.:$255.1
- Tax amount:$12,918
Features and amenities
- Appliances:Electric Range
- Amenities:Balcony, Koi Pond
Parking
- Total parking spaces:22
- Parking description:Garage, Off Street
- Garage:Yes
- Garage spaces:11
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