Rialto, CA 92376,242 W Jackson ST
Rialto, CA 92376,242 W Jackson ST
Rialto, CA 92376,242 W Jackson ST
Rialto, CA 92376,242 W Jackson ST
Rialto, CA 92376,242 W Jackson ST
Rialto, CA 92376,242 W Jackson ST
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$ 2,560,000
Est. payment | /mo

0.33 Acres Lot


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$ 2,560,000
Est. payment | /mo
Save

0.33 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR25196013

HOA Y/N No

Year Built 1962

Lot Size 0.333 Acres

Property Sub-Type Apartment

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 potential—Call and schedule your private tour today to explore the possibilities!

Location

State CA

County San Bernardino

Area 272 - Rialto

Interior

Interior Features Balcony

Heating Central

Cooling Central Air

Fireplaces Type Dining Room, Electric, Kitchen, Living Room, Outside

Fireplace Yes

Appliance Electric Range

Laundry Common Area

Exterior

Garage Spaces 11.0

Garage Description 11.0

Fence Brick, Stucco Wall

Pool None

Community Features Curbs

Utilities Available Electricity Available, Water Available

Accessibility Safe Emergency Egress from Home, Parking

Total Parking Spaces 11

Private Pool No

Building

Lot Description 6-10 Units/Acre, Cul-De-Sac, Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 0127311130000

Acceptable Financing Contract, 1031 Exchange

Listing Terms Contract, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Jonathan Chien Pinnacle Real Estate Group 626-841-9687
Nearby Locations
SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Trapp Elementary School

    Public | KG - 5

  • 6

    Helen L. Dollahan Elementary School

    Public | KG - 5

  • 6

    Samuel W. Simpson Elementary School

    Public | KG - 5

  • 6

    Manuel A. Salinas Creative Arts Elementary School

    Public | KG - 5

  • 5

    Gerald A. Smith Elementary School

    Public | KG - 6

  • 5

    Charlotte N. Werner Elementary School

    Public | KG - 5

  • 5

    Sam V. Curtis Elementary School

    Public | KG - 5

  • 5

    Henry Elementary School

    Public | KG - 5

  • 5

    Vermont Elementary School

    Public | KG - 5

  • 5

    Myers Elementary School

    Public | KG - 5

  • 5

    Ulysses Grant Elementary School

    Public | KG - 6

  • 4

    Ted Porter Elementary School

    Public | KG - 5

  • 4

    Maple Elementary School

    Public | KG - 5

  • 4

    Ernest Garcia Elementary School

    Public | KG - 5

  • 4

    Elizabeth T. Hughbanks Elementary School

    Public | KG - 5

  • 4

    Morgan Elementary School

    Public | KG - 5

  • 4

    Boyd Elementary School

    Public | KG - 5

  • 4

    Muscoy Elementary School

    Public | KG - 6

  • 3

    Virginia Primrose Elementary School

    Public | KG - 5

  • 3

    Kelley Elementary School

    Public | KG - 5

Middle Schools 8
  • 5

    Alder Middle School

    Public | 6 - 8

  • 4

    Kolb Middle School

    Public | 6 - 8

  • 4

    Colton Middle School

    Public | 7 - 8

  • 2

    Rialto Middle School

    Public | 6 - 8

  • 1

    Ethel Kucera Middle School

    Public | 6 - 8

  • 1

    Frisbie Middle School

    Public | 6 - 8

  • 1

    William G. Jehue Middle School

    Public | 6 - 8

  • 0

    Bob Murphy County Community Day

    Public | 7 - 12

High Schools 7
  • 6

    Wilmer Amina Carter High School

    Public | 9 - 12

  • 5

    Rialto High School

    Public | 9 - 12

  • 4

    Eisenhower Senior High School

    Public | 9 - 12

  • 1

    Zupanic High School

    Public | 9 - 12

  • 0

    Birch High (Continuation)

    Public | 9 - 12

  • 0

    Milor Continuation High School

    Public | 9 - 12

  • 0

    Provisional Accelerated Learning Academy

    Public | 9 - 12

School and business data provided by Attom Data.
"Susie" Bruning-Hughes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 260-0588

susiehughesreg@gmail.com

3020 Old Ranch Parkway Suite 250, Seal Beach, CA, 90740, US

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242 W Jackson ST