242 W Jackson, Rialto 92376

$2,499,999

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16

Beds

16

Baths

14,518

Lot Size

8

# Of Units

Listing Agent
Jonathan Chien - Pinnacle Real Estate Group

About 242 W Jackson

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.

Features of 242 W Jackson

MLS® # TR26189541
Price $2,499,999
Bedrooms 16
Bathrooms 16.00
Lot Size 14,518
Year Built 1962
Type Residential Income
Sub-Type Apartment
Status Active
# Of Units 8

Community Information

Address 242 W Jackson
Area 272 - Rialto
City Rialto
County San Bernardino
Zip Code 92376

Amenities

Utilities Electricity Connected, Sewer Connected, Water Connected
Parking Spaces 22
Parking Garage, Off Street
# of Garages 11
Garages Garage, Off Street
View Neighborhood
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Stone
Interior Features Balcony
Appliances Electric Range, Refrigerator
Heating Central
Cooling Central Air
Has Basement No
Fireplace Yes
Fireplaces Dining Room, Electric, Family Room, Kitchen, Living Room, Primary Bedroom, Bath
# of Stories 2
Stories Two

Exterior

Exterior Stucco
Exterior Features Lighting
Lot Description SixToTenUnitsAcre
Roof Flat
Construction Stucco

Additional Information

Date Listed August 28th, 2026
Days on Market 16
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJonathan Chien
OfficePinnacle Real Estate Group

Listing Map

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