$2,560,000

242 W Jackson Street, Rialto, CA 92376

  • 9,800 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $261/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Presenting an exceptional investment opportunity: this impressive eight-unit property features spacious 2-bedroom, 2-bath residences, each offering a generous 1,225 sq.ft.—larger than comparable units in the area for enhanced comfort and tenant appeal. Residents benefit from well-designed layouts perfect for modern living. The property boasts 11 fully enclosed garages, offering rare extra parking—a highly sought-after benefit that commands premium value in this neighborhood. Strategically positioned near major freeways (210, 10, 15, 215), commuters enjoy unparalleled convenience to local and regional destinations, which further enhances demand. The building’s current rents are below market, creating significant upside for savvy investors. With simple updates and lease renewals, there’s a clear path to increased cash flow. Additional income streams are possible via laundry facilities and garage rentals, maximizing profit and ROI. Surrounded by shopping, dining, and essential services, this property balances tranquility with accessibility. Each unit’s generous size and thoughtful amenities set it apart for discerning tenants. Secure your spot in this vibrant and growing locale. Don’t miss your chance to acquire a stand-out multifamily asset with built-in value and poten

Listing Status:
Active
Date Added:
August 31, 2025 at 05:00AM
Listing Office:
Pinnacle Real Estate Group : 626-888-9808
Listing Agent:
Jonathan Chien : 626-841-9687
MLS ID:
CRTR25196013
  • Laundry: Common Area
  • A/C: Central Air
  • Heating: Other
  • Disability Feature: Other
  • County: San Bernardino
  • Zoning: 0127311130000

This listing courtesy of Jonathan Chien, Pinnacle Real Estate Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

G

George H. Dunn Elementary School

830 N Lilac Ave, Rialto, CA, 92376

Grades KG-5

0.52 miles away

F

Frisbie Middle School

1442 N Eucalyptus Ave, Rialto, CA, 92376

Grades 6-8

0.92 miles away

E

Eisenhower High School

1321 N Lilac Ave, Rialto, CA, 92376

Grades 9-12

0.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.