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242 W Jackson Street Rialto, CA $ 2,560,000
242 W Jackson Street
$ 2,560,000
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242 W Jackson Street

Rialto, CA, 92376
$ 2,560,000
Baths1.0 Sq 9,800

Monthly Estimate*

$ 15,971

Listed by Pinnacle Real Estate Group
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Studio

Multi-Family Home for sale in Rialto, CA

for $2,560,000 with 1 full bath. This 9,800 square foot home was built in 1962 on a lot size of 0.3333.

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!

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Multi-Family Active

Price

$ 2,560,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3333

Year Built

1962

Town/City

Rialto

County/Region

San Bernardino

MLS | Web ID

TR25196013

Days on Market

109

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Water Available
Appliances Electric Range
Garage Spaces 11
Pool Features None
Year Built 1962
Tenant Pays Electricity
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 151680
Community Features Curbs
Accessibility Safe Emergency Egress from Home Parking
County San Bernardino
Net Operating Income 112035
Operating Expense 39645
Insurance Expense 13638
New Construction 0
Property Type Residential Income
Contingency 1031 Exchange
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions SE of Willow and Baseline.
City Rialto
Entry Location Ground
Senior Community Y/N 0
Number Of Units Total 8
MLS Area 272 - Rialto
Lot Size Units Square Feet
Lot Size Square Feet 14518
Listing Terms Contract 1031 Exchange
Property Attached Y/N 0
Land Lease Y/N 0
Fuel Expense 0
Trash Expense 3928
Water Sewer Expense 10807
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Other
Tax Lot 4
Property Sub Type Additional Apartment
Cap Rate 4.38
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Interior
Interior Amenities Balcony
Fireplace Features Dining Room Electric Kitchen Living Room Outside
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N 1
Heating Y/N 1
Fireplace Y/N 1
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing Brick Stucco Wall
Lot Features 6-10 Units/Acre Cul-De-Sac Rectangular Lot
Water Source Public
Total Parking 11
Lot Size Area 14518
Number of Buildings 2
Building Area Total 9800
Lot Size Acres 0.3333
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 0
Number of Separate Electric Meters 8
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* Excluded Features
List By
Pinnacle Real Estate Group

Broker

jonchien8@gmail.com

Email

Affordability Calculator

$15,971
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Monthly Principal & Interest
$15,971
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,560,000 Listed Price

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242 W Jackson Street, Rialto, CA, 92376 is a Multi-Family Home for sale at $2,560,000 with 9,800 sqft and a lot size of 0.3333. 242 W Jackson Street is a studio with 1.0 baths and was built in 1962. The property's zip code is 92376 which is in Rialto, CA