GetMyHome
‪(213) 433-7766‬

264 W Jackson Street, Rialto, California 92376, Rialto, - bed, bath

home-pic
ACTIVE$985,000
264 W Jackson Street, Rialto, California 92376
0Bed
0Bath
4,947Sqft
7,260Lot
Year Built
1961
Close
-
List price
$985K
Original List price
$985K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25227714
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Prime Quadplex Investment Opportunity in a high demand area of Rialto. You can move in on the vacant unit (268) and collect rent on the other 3 units. Low maintenance quadplex offers strong rental appeal ideal for long term tenant stability. One unit is a 2 bed 2 bath(vacant), the other 3 spacious units features 2 bedrooms, 1-bathroom, full kitchen, patio and approximately 1236 sqft of comfortable living space. Long term tenants with under-market rents offers strong income potential with minimal maintenance. The central location provides easy access to major freeways, shopping centers, public transportation and walking distance to schools and parks ensuring consistent tenant demand. One of the lowest priced per sqft. 4plex in the area. Unit 268 is vacant and can be seen with an appointment.

Price History

Date
Event
Price
09/29/25
Listing
$985,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (7 Listings)
Beds00
Baths00
Square foot4,9473,737
88%
Lot Size7,2607,403
38%
Price$985K$1.05M
25%
Price per square foot$199$278
13%
Built year19619830984
13%
HOA
Days on market3788
13%
Condition Rating
Fair
The property was built in 1961, making it 63 years old. While the kitchens and bathrooms appear to have been updated, these updates are not recent, likely dating back 15-20 years based on the style of cabinets, countertops, and tile. The overall aesthetic is functional but dated. The presence of window AC units indicates a lack of central cooling/heating, which is a significant outdated system. The exterior shows signs of age and wear, with faded paint and older fencing. The property is livable and functional, as suggested by its status as a quadplex with long-term tenants, but it requires minor updates to meet current quality and style standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Investment Opportunity: This quadplex is explicitly marketed as a 'Prime Investment Opportunity' in a high-demand area of Rialto, offering significant potential for investors.
Owner-Occupancy with Income: The vacant unit (268) allows a buyer to move in while collecting rent from the other three units, providing a unique opportunity for reduced housing costs or immediate income generation.
Strong Rental Appeal & Demand: The property boasts strong rental appeal due to its low maintenance nature and central location with easy access to major freeways, shopping, public transportation, schools, and parks, ensuring consistent tenant demand.
Value Proposition: Advertised as 'one of the lowest priced per sqft. 4plex in the area,' indicating a competitive purchase price relative to similar properties.
Immediate Income Optimization Potential: With one unit vacant, the new owner has the immediate opportunity to lease it at current market rates, addressing the 'under-market rents' issue for at least one unit and boosting overall income.

Cons

Under-Market Rents: Existing long-term tenants are currently paying under-market rents, which, while offering 'strong income potential,' means current cash flow is not maximized and requires active management to increase.
Age of Property: Built in 1961, the property is over 60 years old, which may imply potential for aging infrastructure, systems, or deferred maintenance that could require future capital expenditures despite being described as 'low maintenance'.
Tenant Management for Rent Increases: Transitioning long-term tenants from under-market rents to market rates can be a sensitive process, potentially leading to tenant turnover or requiring careful negotiation and management.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State