Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Listed by Pinnacle Real Estate Group, Jonathan Chien, Tony Lam Listing Contact: [email protected]

$2,499,999

242 W Jackson, Rialto CA, 92376

Price per sqftN/A
Built in1962
Property typeMulti-family

Overview

Active

Listed Aug 28, 2026

Updated 9 days ago

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

$16,633/mo

Est. mortgage payment based on a $2,499,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRTR26189541

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.33 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Pinnacle Real Estate Group, Jonathan Chien DRE:01935491, Tony Lam
Listing Contact: [email protected] 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Real Estate Avenue shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Real Estate Avenue are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

©2026 MLS Listings, Inc. All rights reserved. 2026

Data last updated 1:41 PM UTC, 9/28/2026

 

 

Powered by Luxury Presence