For Sale
No HOANo HOA
House for sale at 242 W Jackson, Rialto, CA 92376 | MLS# TR26189541 | Listing updated on 2026-08-31
Photo 1 of House for sale at 242 W Jackson, Rialto, CA 92376 | MLS# TR26189541 | Listing updated on 2026-08-31
Photo 2 of House for sale at 242 W Jackson, Rialto, CA 92376 | MLS# TR26189541 | Listing updated on 2026-08-31
Photo 3 of House for sale at 242 W Jackson, Rialto, CA 92376 | MLS# TR26189541 | Listing updated on 2026-08-31
Photo 4 of House for sale at 242 W Jackson, Rialto, CA 92376 | MLS# TR26189541 | Listing updated on 2026-08-31
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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

  • Beds Icon16 Beds
  • Beds Icon
    16 Baths
  • Beds Icon9,800sqft

242 W Jackson, Rialto, CA 92376

$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 Potentia
l: 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 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    San Bernardino County

  • City

    Rialto

  • 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

  • Flooring

    Stone

  • Sewer

    Public Sewer

  • Heating

    Central

  • Exterior Features

    Lighting

  • Interior Features

    Balcony

  • Appliances

    Electric Range, Refrigerator

  • Cooling

    Central Air

Construction

  • Year Built

    Year Built: 1962

  • Home type

    Apartment

  • Roof

    Flat

  • Construction Materials

    Stucco

Utilities & Energy

  • Fireplace Features

    Bath, Dining Room, Electric, Family Room, Kitchen, Living Room, Primary Bedroom

  • Pool Features

    None

  • Water Source

    Public

  • Utilities

    Electricity Connected, Sewer Connected, Water Connected

  • Laundry Features

    Common Area

  • Parking Features

    Garage, Off Street

  • Security Features

    Gated Community

Other Features

  • Tenant Pays

    Electricity

  • Lot Features

    Six To Ten Units Acre

  • Community Features

    Street Lights, Sidewalks, Gated

Price History

DateEventPrice

08/29/2026

Source: mls_logoCalifornia Regional MLS-CA #TR26189541

Price Change

$2,500,000

$255/sqft

08/28/2026

Source: mls_logoCalifornia Regional MLS-CA #TR26189541

Price Decreased

$2,499,999 -2.34%

$255/sqft

08/28/2026

Source: mls_logoCalifornia Regional MLS-CA #TR26189541

Listed for Sale

$2,560,000

$261/sqft

Nearby Homes

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.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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