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Listed by: Jonathan Chien (626) 841-9687 DRE #01935491, Tony Lam DRE #01944496 | Pinnacle Real Estate Group (626) 888-9808
$2,499,999
Monthly Est:$12,443
16 Beds
- 16 Baths
9,800sqft
242 W Jackson, Rialto, CA 92376
$2,499,999
$12,443/moEst:
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Apartment
Built in 1962
$-- HOA
14,518 sqft lot
$255/sq.ft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: August 31, 2026 at 6:08 pm
- Source: California Regional MLS-CA | MLS#: TR26189541

Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
9,800 sqft
Lot Size
14,518 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
TR26189541
MLS Status
Active
Days on Market
66
Cumulative Days on Market
3

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 16
Interior
Appliances
Electric Range, Refrigerator
Exterior Features
Lighting
Flooring
Stone
Sewer
Public Sewer
Cooling
Central Air
Interior Features
Balcony
Heating
Central
Construction
Year Built
Year Built: 1962
Home type
Apartment
Roof
Flat
Construction Materials
Stucco
Utilities & Energy
Parking Features
Garage, Off Street
Utilities
Electricity Connected, Sewer Connected, Water Connected
Water Source
Public
Security Features
Gated Community
Pool Features
None
Fireplace Features
Bath, Dining Room, Electric, Family Room, Kitchen, Living Room, Primary Bedroom
Laundry Features
Common Area
Other Features
Community Features
Street Lights, Sidewalks, Gated
Tenant Pays
Electricity
Lot Features
Six To Ten Units Acre
Price History
| Date | Event | Price |
|---|---|---|
08/29/2026 Source: | Price Change | $2,500,000 $255/sqft |
08/28/2026 Source: | Price Decreased | $2,499,999 -2.34% $255/sqft |
08/28/2026 Source: | Listed for Sale | $2,560,000 $261/sqft |
Nearby Homes
Find Homes by Property Features in Rialto, CA
Based on information from California Regional Multiple Listing Service, Inc. as of Nov 02, 2026, 02:15PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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