242 W Jackson, Rialto, California 92376

  • $2,499,999
  • $2,560,000
242 W Jackson, Rialto, California 92376
Active
242 W Jackson, Rialto, California 92376
242 W Jackson, Rialto, California 92376
  • $2,499,999
  • $2,560,000

Description

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.

  • Address 242 W Jackson, Rialto, California 92376
  • City Rialto
  • State/county CA
  • Zip/Postal Code 92376
  • Country US

Details

Updated on August 31, 2026 at 6:08 pm
  • Property ID: TR26189541
  • Price: $2,499,999
  • Property Size: 9800 Sqft
  • Land Area: 0.3333 Acres
  • Garages: 11.0
  • Year Built: 1962
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Additional details

  • Listing Terms: 1031 Exchange
  • Roof: Flat
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Stone
  • County: San Bernardino
  • Property Type: Residential Income
  • Pool: None
  • Parking: Garage, Off Street
  • Community Features: Street Lights, Sidewalks, Gated

Contact Information

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Hoyt Hochman

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Hoyt Hochman
  • Hoyt Hochman