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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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242 Jackson Street, Rialto – $2,560,000

  • 16 Beds
  • 16 Baths
  • .33 Acres
  • 40 DOM
  • 16 Beds
  • 16 Baths
  • .33 Acres
  • 40 DOM

242 Jackson Street

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!

Essential Information

  • MLS® #TR25196013
  • Price$2,560,000
  • Bedrooms16
  • Bathrooms16.00
  • Acres0.33
  • Year Built1962
  • TypeResidential Income
  • Sub-TypeApartment
  • StatusActive

Community Information

  • Address242 Jackson Street
  • Area272 - Rialto
  • CityRialto
  • CountySan Bernardino
  • Zip Code92376

Amenities

  • Parking Spaces11
  • # of Garages11
  • PoolNone

Utilities

Electricity Available, Water Available

Interior

  • Interior FeaturesBalcony
  • AppliancesElectric Range
  • HeatingCentral
  • CoolingCentral Air
  • FireplaceYes
  • # of Stories2
  • StoriesTwo

Fireplaces

Dining Room, Electric, Kitchen, Living Room, Outside

Exterior

Lot Description

Cul-De-Sac, Rectangular Lot, SixToTenUnitsAcre

Additional Information

  • Date ListedAugust 31st, 2025
  • Days on Market40

Listing Details

  • AgentJonathan Chien
  • OfficePinnacle Real Estate Group
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Jonathan Chien, Pinnacle Real Estate Group.

Based on information from California Regional Multiple Listing Service, Inc. as of October 10th, 2025 at 11:46am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.