272 - Rialto Homes with Apartment Subtype

272 - Rialto Homes with Apartment Subtype

Welcome to Rialto, California – a vibrant city nestled in the heart of San Bernardino County. Known for its rich history and diverse culture, Rialto offers a unique blend of suburban charm and urban convenience. With its strategic location just a short drive from both Los Angeles and the beautiful San Bernardino Mountains, residents enjoy easy access to a myriad of recreational activities, shopping, and dining options.

Rialto is particularly appealing for families and individuals seeking a community-oriented atmosphere. The city boasts excellent schools, numerous parks, and a variety of community events throughout the year that foster a strong sense of belonging. Whether you're taking a leisurely stroll through the historic downtown area or enjoying a weekend picnic at one of the many local parks, Rialto is a place where you can truly feel at home.

When it comes to real estate, Rialto offers an exciting range of options, particularly for those interested in homes with apartment subtypes. These properties provide a fantastic opportunity for multi-generational living or supplemental income through rental units. Imagine having a spacious family home with the added benefit of an apartment that can be used for guests, a home office, or as a rental for additional income.

With a variety of architectural styles and price points, Rialto’s homes with apartment subtypes cater to diverse lifestyles and budgets. Whether you’re a first-time buyer, looking for an investment property, or seeking a larger family home, Rialto has something for everyone. Come discover the charm and opportunities that await you in this thriving community!

Newest 272 - Rialto Homes with Apartment Subtype

$2,499,999
TR26189541 MLS Active Status
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.

242 W Jackson, Rialto

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.