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Listed by Jonathan Chien • Pinnacle Real Estate Group
$ 2,560,000
Est. payment /mo
Active
242 West Jackson Street Rialto, CA 92376
9,800 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 9,800 sqft
Price per Sqft $261
MLS Listing ID TR-25196013
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!
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
Fireplaces Type Dining Room, Electric, Kitchen, Living Room, Patio
Laundry Community
Exterior
Garage Spaces 11.0
Pool None
Community Features Curbs
Utilities Available Water Available, Electricity Available
Building
Lot Description Cul-De-Sac, Lot 10000-19999 Sqft, Rectangular Lot, 6-10 Units/Acre
Sewer Public Sewer
