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For sale
  • Listing Provided by: 

    Jonathan Chien DRE #01935491 626-841-9687,

    Pinnacle Real Estate Group,

    Tony Lam DRE #01944496 909-618-3765,

    Pinnacle Real Estate Group

    $2,560,000

    242 W Jackson St, Rialto, CA 92376

    16beds
    16baths
    9,800sqft
    : 
    Multi Family
    Built in 1962
    -- sqft lot
    $2,488,300 Zestimate®
    $261/sqft
    $-- HOA

    What's special

    Fully enclosed garagesRare extra parkingWell-designed layouts
    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!
    158 days
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    248
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    2
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    Zillow last checked: 8 hours ago

    Listing updated: October 01, 2025 at 01:00pm

    Listing Provided by:

    Jonathan Chien DRE #01935491 626-841-9687,

    Pinnacle Real Estate Group,

    Tony Lam DRE #01944496 909-618-3765,

    Pinnacle Real Estate Group

    Source: CRMLS,MLS#: TR25196013MLS LogoOriginating MLS: California Regional MLS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 16
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range
    • Laundry: Common Area
    Features
    • Balcony
    • Has fireplace: Yes
    • Fireplace features: Dining Room, Electric, Kitchen, Living Room, Outside
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 9,800
    • Total interior livable area: 9,800 sqft

    Property

    Parking
    • Total spaces: 11
    • Parking features: Garage
    • Garage spaces: 11
    Accessibility
    • Accessibility features: Safe Emergency Egress from Home, Parking
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground
    • Pool features: None
    • Fencing: Brick,Stucco Wall
    Lot
    • Size: 0.33 Acres
    • Features: 6-10 Units/Acre, Cul-De-Sac, Rectangular Lot
    Details
    • Parcel number: 0127311130000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Water Available

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Rialto

    Financial & listing details

    • Price per square foot: $261/sqft
    • Date on market: 8/31/2025
    • Cumulative days on market: 159 days
    • Listing terms: Contract,1031 Exchange
    • Tenant pays: Electricity
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    Estimated market value

    $2,488,300

    $2.36M - $2.61M

    $1,823/mo

    Price history

    Price history
    DateEventPrice
    8/31/2025Listed for sale$2,560,000+201.5%$261/sqft
    Source: CRMLS #TR25196013 Report a problem
    12/19/2014Listing removed$849,000$87/sqft
    Source: Golden California Realty #IV14050474 Report a problem
    9/20/2014Price change$849,000-5.6%$87/sqft
    Source: Golden California Realty #IV14050474 Report a problem
    6/9/2014Price change$899,000-5.3%$92/sqft
    Source: Golden California Realty #IV14050474 Report a problem
    5/24/2014Price change$949,000-4%$97/sqft
    Source: Golden California Realty #IV14050474 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $15,764/mo
    Principal & interest
    $12457
    Property taxes
    $2411
    Home insurance
    $896

      Climate risks

      Neighborhood: 92376

      Nearby schools

      GreatSchools rating
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