242 W Jackson
Rialto, CA, 92376
$2,499,999
Beds
0 Baths
0 SqFt
0.33 Acres
Add
MLS #TR26189541 image #0
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.

Property Details

Price:
$2,499,999
MLS #:
TR26189541
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
272rialto
Listed Date:
Aug 31, 2026
Total Sq Ft:
9,800
Lot Size:
14,518 sqft / 0.33 acres (approx)
Year Built:
1962
Community Gated272 – Rialto272rialtoNeighborhood

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Schools

Interior

Appliances
RF, ER
Cooling
CA
Flooring
STON
Heating
CF
Interior Features
BL
Laundry Features
AR
Levels
U

Exterior

Accessibility Features
_2AE
Common Walls
_1CW
Community Features
SDW, SL
Construction Materials
STC
Direction Faces
S
Exterior Features
LIT
Fencing
BR
Garage Spaces
11
Parking Spots
22
Parking Total
22
Roof
FLTR
Security Features
GC
Spa Features
NO
View
NE

Financial

Gross Operating Income
$162,960
Net Operating Income
$122,434
Taxes
$12,918

Map

Community

Market Summary

Current real estate data for Single Family in Rialto as of Sep 06, 2026
160
Single Family Listed
65
Avg DOM
317
Avg $ / SqFt
$525,172
Avg List Price

Property Summary

    242 W Jackson Rialto CA is a Single Family for sale in Rialto, CA, 92376. It is listed for $2,499,999 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1962. The average price per square foot for Single Family listings in Rialto is $317. The average listing price for Single Family in Rialto is $525,172.

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242 W Jackson
Rialto, CA