242 W Jackson, Rialto, CA

$2,499,999

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8

Beds

8

Baths

0.33

Acres

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

Features of 242 W Jackson

MLS® # TR26189541
Price $2,499,999
Bedrooms 8
Bathrooms 8.00
Acres 0.33
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 242 W Jackson
Area RIALTO (92376)
City Rialto
County San Bernardino
State CA
Zip Code 92376

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling Central Forced Air
Fireplace Yes
Stories 2 Story

Exterior

Lot Description Sidewalks
Construction Stucco

Additional Information

Date Listed August 28th, 2026
Days on Market 3
Zoning See Remark
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePinnacle Real Estate Group

Listing Map

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