242 W Jackson St Rialto, CA 92376
Estimated payment $16,482/month
Highlights
- Fireplace in Kitchen
- Cul-De-Sac
- More Than Two Accessible Exits
- Balcony
- Laundry Room
- Accessible Parking
About This Home
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!
Listing Agent
Pinnacle Real Estate Group Brokerage Phone: 626-841-9687 License #01935491 Listed on: 08/31/2025
Co-Listing Agent
Pinnacle Real Estate Group Brokerage Phone: 626-841-9687 License #01944496
Property Details
Home Type
- Apartment
Year Built
- Built in 1962
Lot Details
- 0.33 Acre Lot
- No Common Walls
- Cul-De-Sac
- Brick Fence
- Stucco Fence
- Rectangular Lot
- Density is 6-10 Units/Acre
Parking
- 11 Car Garage
Interior Spaces
- 9,800 Sq Ft Home
- 2-Story Property
- Electric Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- Laundry Room
Kitchen
- Electric Range
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 16 Bedrooms
- 16 Bathrooms
Accessible Home Design
- More Than Two Accessible Exits
- Accessible Parking
Outdoor Features
- Balcony
- Fireplace in Patio
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 5630
- Assessor Parcel Number 0127311130000
- $2,700 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 8 Units
Amenities
- Laundry Facilities
Building Details
- 8 Separate Electric Meters
- 2 Separate Water Meters
- Insurance Expense $13,638
- Trash Expense $3,928
- Water Sewer Expense $10,807
- Operating Expense $15,035
- Gross Income $151,680
- Net Operating Income $112,035
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2025 08/31/25 | For Sale | $2,560,000 | +208.4% | $261 / Sq Ft |
| 01/07/2015 01/07/15 | Sold | $830,000 | -16.1% | $85 / Sq Ft |
| 12/17/2014 12/17/14 | Pending | -- | -- | -- |
| 03/11/2014 03/11/14 | For Sale | $989,000 | +58.2% | $101 / Sq Ft |
| 03/14/2013 03/14/13 | Sold | $625,000 | 0.0% | $64 / Sq Ft |
| 03/07/2013 03/07/13 | Pending | -- | -- | -- |
| 02/25/2013 02/25/13 | For Sale | $625,000 | -- | $64 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR25196013
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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