Listing Detail

Rialto, CA 92376 242 W Jackson Street

242 W Jackson Street Rialto, CA - Image 1242 W Jackson Street Rialto, CA - Image 2242 W Jackson Street Rialto, CA - Image 3
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242 W Jackson Street Rialto, CA - Image 4242 W Jackson Street Rialto, CA - Image 5242 W Jackson Street Rialto, CA - Image 6242 W Jackson Street Rialto, CA - Image 7242 W Jackson Street Rialto, CA - Image 8242 W Jackson Street Rialto, CA - Image 9242 W Jackson Street Rialto, CA - Image 10242 W Jackson Street Rialto, CA - Image 11242 W Jackson Street Rialto, CA - Image 12242 W Jackson Street Rialto, CA - Image 13242 W Jackson Street Rialto, CA - Image 14
Presented By: Jonathan Chien with Pinnacle Real Estate Group; 626-841-9687
  • MLS# TR25196013
  • 08/31/2025
  • Request Tour
  • Request Info
  • Baths • 1
  • SQFT • 9,800
  • Garage • 11

Home Details

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 potential—Call and schedule your private tour today to explore the possibilities!
Presented By: Jonathan Chien with Pinnacle Real Estate Group; 626-841-9687

Interior Features for 242 W Jackson Street

Other Interior Features

Air Conditioning Y/NYes
Common WallsNo Common Walls
Fireplace FeaturesDining Room, Electric, Kitchen, Living Room, Outside
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesBalcony
Laundry FeaturesCommon Area
Total Stories2

Other Rooms

Entry Level1

General for 242 W Jackson Street

AccessibilitySafe Emergency Egress from Home, Parking
Additional Parcels Y/NNo
AppliancesElectric Range
Building Area UnitsSquare Feet
Cap Rate4.38
CityRialto
Community FeaturesCurbs
Contingency1031 Exchange
CoolingCentral Air
CountySan Bernardino
DirectionsSE of Willow and Baseline.
Entry LocationGround
Fuel Expense
Garage Spaces11
Garage Y/NYes
Gross Income151680
HeatingCentral
Insurance Expense13638
Land Lease Y/NNo
LevelsTwo
Listing TermsContract, 1031 Exchange
Lot Size Square Feet14518
Lot Size UnitsSquare Feet
MLS Area272 - Rialto
Net Operating Income112035
New ConstructionNo
Number Of Units Total8
Operating Expense39645
Pool FeaturesNone
PostalCityRIALTO
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot4
Tenant PaysElectricity
Trash Expense3928
UtilitiesElectricity Available, Water Available
Water Sewer Expense10807
Year Built1962
Year Built SourceOther

Exterior for 242 W Jackson Street

Building Area Total9800
FencingBrick, Stucco Wall
Lot Features6-10 Units/Acre, Cul-De-Sac, Rectangular Lot
Lot Size Acres0.3333
Lot Size Area14518
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters8
Number of Separate Gas Meters0
Number of Separate Water Meters2
Private PoolNo
Total Parking11
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Roger Jarnigan

Realtor®
Price $2,560,000
MLS#TR25196013
List Date 08/31/2025
Property Type Multi-Family
Phone 818.521.4535
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