242 W Jackson, Rialto, California image 1
Active

242 W Jackson

Rialto, CA 92376
Mark as Favorite
$2,499,999 $10,540/Mo
Get Pre-Approved Check your credit
Bed 16

Bed

Bath 16

Bath

SqFt14,518

Sqft(Lot)

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.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,499,999

AD Id : 90852835

MLS Id : TR26189541

Beds : 16

Lot Size : 14,518 Sqft

Year Built : 1962

Garage : 11

County : San Bernardino

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Interior Features

    Balcony
    Roof: Flat
    Appliances: ElectricRange, Refrigerator
    Laundry Features: CommonArea

  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1962
    Building Area Total: 9800
    Construction Materials: Stucco
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: Neighborhood

  • Exterior Features

    Exterior Features: Lighting

  • Lot Information

    Main Square Feet: 14518 Lot Size Acres: 0.3333 Lot Size Source: Assessor Lot Size Square Feet: 14,518 Lot Description: SixToTenUnitsAcre

  • Listing Price Information

    Listing Price: $2499999
    Original Price: $2560000
    Exchange1031

  • Tax Information

    Parcel Number: 0127311130000 Tax Lot: 4 Annual Tax: $12918

  • Virtual Tour

    Virtual Tour (External Link)

    Parking Information

    Parking Total: 22 Garage, OffStreet

    Garage Information

    Has Garage: Yes Garage Space: 11

  • Utility Information

    ElectricityConnected, SewerConnected, WaterConnected

  • Location Information

    Direction: Address Units are 244,246,248,250,256,258,260,262 W. Jackson St./Willow Ave WaterSource: Public Security Features: GatedCommunity
Sell a home like this and save $149,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
125 N Date Avenue, Rialto, CA, 92376 $540,000 2 2 -- 8,100 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/02/2026 @ 04:41

MLS: TR26189541 LISTED BY: Jonathan Chien, Pinnacle Real Estate Group 626-888-9808 SOURCE: CRMLS

More Cities with for Sale by Owner Homes

Homes around $2,499,999

Slider Thumb
Active
Mark as Favorite
$675,000
Home For Sale

660 S Pampas Ave,
Rialto, CA, 92376

Bed 5

Bed

Bath 3

Bath

SqFt2,172

Sqft

SqFt9,000

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$675,000
Home For Sale

590 E Van Koevering,
Rialto, CA, 92376

Bed 4

Bed

Bath 2

Bath

SqFt1,964

Sqft

SqFt8,400

Sqft(Lot)
Slider Thumb
Mark as Favorite
$685,000
Home For Sale

362 Rosa Street,
Rialto, CA, 92376

Bed 5

Bed

Bath 3

Bath

SqFt2,639

Sqft

SqFt3,634

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$685,000
Home For Sale

1109 N Yucca Avenue,
Rialto, CA, 92376

Bed 4

Bed

Bath 3

Bath

SqFt3,230

Sqft

SqFt4,000

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$699,000
Home For Sale

340 Lilly,
Rialto, CA, 92376

Bed 5

Bed

Bath 4

Bath

SqFt2,639

Sqft

SqFt3,847

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$699,000
Multifamily For Sale

595 W Shamrock Street,
Rialto, CA, 92376

Bed 4

Bed

Bath 3

Bath

SqFt2,090

Sqft

SqFt7,200

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$699,999
Home For Sale

477 E Van Koevering,
Rialto, CA, 92376

Bed 3

Bed

Bath 3

Bath

SqFt1,756

Sqft

SqFt10,800

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$705,000
Home For Sale

1090 W Huff Street,
Rialto, CA, 92376

Bed 4

Bed

Bath 3

Bath

SqFt1,923

Sqft

SqFt8,000

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$735,000
Home For Sale

1014 W Jackson,
Rialto, CA, 92376

Bed 5

Bed

Bath 3

Bath

SqFt2,076

Sqft

SqFt8,500

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$739,500
Home For Sale

1432 Terrace,
Rialto, CA, 92376

Bed 5

Bed

Bath 2

Bath

SqFt1,727

Sqft

SqFt10,800

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$789,900
Home For Sale

1445 N Pepper,
Rialto, CA, 92376

Bed 5

Bed

Bath 4

Bath

SqFt3,377

Sqft

SqFt32,400

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$838,000
Home For Sale

732 S Acacia,
Rialto, CA, 92376

Bed 4

Bed

Bath 2

Bath

SqFt1,936

Sqft

SqFt43,575

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,099,000
Multifamily For Sale

202 E Jackson,
Rialto, CA, 92376

Bed 8

Bed

Bath 6

Bath

SqFt7,192

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,100,000
Land For Sale

Acacia,
Rialto, CA, 92376

SqFt90,240

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,120,000
Multifamily For Sale

1095 N Vista,
Rialto, CA, 92376

Bed 9

Bed

Bath 5

Bath

SqFt7,800

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,190,000
Multifamily For Sale

160 W Cascade,
Rialto, CA, 92376

Bed 9

Bed

Bath 5

Bath

SqFt3,608

Sqft

SqFt8,214

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,291,558
Land For Sale

1216 N Cactus Avenue,
Rialto, CA, 92376

Acres0.87

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$2,200,000
Condo For Sale

228 N Orange,
Rialto, CA, 92376

Bed 6

Bed

Bath 6

Bath

SqFt14,000

Sqft(Lot)

Selling? Save $149,501 when you sell a home like this

Tour with a ByOwner Agent