242 W Jackson, Rialto, CA 92376
Local realty services provided by:ERA Excel Realty
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:60 day(s) ago
- Updated:October 28, 2026 at 12:01 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
New listings near 242 W Jackson
- Coming Soon
$499,888Coming Soon4 beds 2 baths1,160 sq. ft.210 E Randall, Rialto, CA 92376
MLS# CV26231177Listed by: KELLER WILLIAMS EMPIRE ESTATES - Open Sat, 10:30am to 1pmNew
$579,999Active3 beds 2 baths1,240 sq. ft.850 N Wisteria Avenue, Rialto, CA 92376
MLS# CV26231073Listed by: COLDWELL BANKER ICON - New
$170,000Active3 beds 2 baths250 Linden Avenue #288, Rialto, CA 92376
MLS# PW26231390Listed by: GLOBAL BANCORP - New
$630,000Active3 beds 2 baths1,910 sq. ft.729 Home Street, Rialto, CA 92376
MLS# PW26230695Listed by: CALIFORNIA REALTY CORPORATION - Open Sat, 12 to 4pmNew
$630,000Active3 beds 2 baths1,910 sq. ft.729 E Home Street, Rialto, CA 92376
MLS# PW26230695Listed by: CALIFORNIA REALTY CORPORATION - New
$378,750Active3 beds 2 baths1,404 sq. ft.1448 S Iris, Bloomington, CA 92316
MLS# HD26230362Listed by: COLDWELL BANKER HOME SOURCE - New
$525,000Active3 beds 2 baths1,240 sq. ft.1314 Cornell, Rialto, CA 92376
MLS# CV26226762Listed by: THE LABRADA GROUP - New
$599,000Active4 beds 2 baths1,610 sq. ft.2882 Pleasant Court, Rialto, CA 92376
MLS# WS26227835Listed by: WEDGEWOOD HOMES REALTY - New
$559,999Active4 beds 2 baths1,528 sq. ft.217 W Alru, Rialto, CA 92376
MLS# IV26230031Listed by: NATIONAL REALTY GROUP - New
$110,000Active2 beds 2 baths800 sq. ft.2930 W Rialto Avenue #63, Rialto, CA 92376
MLS# CV26229904Listed by: CENTURY 21 SYNERGIA REALTY