Listing provided courtesy of Jonathan Chien of Pinnacle Real Estate Group. Last updated 2026-09-19 08:12:33.000000. Listing information © 2026 Sandicor.
Asking Price: $2,499,999 |
242 Jackson, Rialto CA 92376
Community: 272 - Rialto
This Apartment property was built in 1962 and is priced at $2,499,999. Please see the additional details below.
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.











