CA > Rialto
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
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0.33 Acres Lot
Active

242 W Jackson ST Rialto, CA 92376

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

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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

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Patrick Fossati

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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