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About the Listing PB19282 - TRCHIEJON,TRTONLAM
Exceptional Multifamily Investment Opportunity | 8-Unit Value-Add Asset 242 W Jackson St, Rialto, CA 92376 | APN: 0127-311-13-0000 Presenting a rare, high-yield investment opportunity in the rapidly growing Inland Empire. Located at 242 W Jackson St, this impressive multi-family property consists of two buildings featuring eight identical, oversized 2-bedroom, 2-bathroom residences. Spanning a massive 1,225 sq. ft. per unit (9,800 total building sq. ft.), these configurations are significantly larger than area averages, driving exceptional long-term tenant retention and competitive rental premiums. The Ultimate Value-Add Play: -Significant Upside Potential: Current rents are performing well below market rates, offering a clear path to instant cash flow optimization through programmatic unit turns and strategic lease renewals. -Separated Utilities: The property is efficiently designed with 9 separate electric meters and 2 separate water meters, keeping operational overhead remarkably low. -Premium Garage Income: Boasts 11 fully enclosed garages. In a high-density tenant market, these secure units command premium independent rental value or can be bundled to command top-of-market residential rents. -Ancillary Income: Dedicated space on-site for community laundry facilities creates an immediate, reliable secondary revenue stream. Prime Location & Infrastructure: -Commuter Centric: Strategically positioned with immediate, frictionless access to major transit veins including the I-10, I-15, I-210, and I-215 freeways, providing unparalleled connectivity across Southern California. -Walkable Conveniences: Situated just a 5-minute walk from local retail anchors like the Rialto Shopping Center and Superior Grocers. Low Maintenance: Positioned on a manageable 0.33-acre lot with highly functional, paved parking and driveway layouts. Call today! Do not miss your chance to secure a standout, high-square-footage multifamily asset with massive value built-in.
Listing Highlights
Interior Details
- Bedrooms: 16
- Bathrooms: 16 Full
- Appliances: Electric Range, Refrigerator
- Air Cond: Central Air
- Heating: Central
- Fireplaces: Bath,Dining Room,Electric,Family Room,Kitchen,Living Room,Primary Bedroom
- Floor: Stone
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Balcony
- Water: Public
Exterior Details
- Lot Description: 6-10 Units/Acre,No Land Lease
- Garage Capacity: 11 car
- Parking Spaces: 22
- Roof: Flat
- Others: Lighting,Stucco,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Garage,Off Street
Financial Details
- Tax Amount: $12,918
- Taxes w/Assessments: N/A
- Tax/Property ID: 0127311130000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
242 W Jackson Rialto, CA 92376
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