54100 Pine Crest, Idyllwild, CA 92549
- $2,399,000
- List Price
- $2,399,000
- Status
- ACTIVE
- MLS#
- 219134065DA
- Lot Size(apprx.)
- 65,776
- Property Type
- Multifamily
- Year Built
- 1955
Property Description
Exceptional investment opportunity in the heart of Idyllwild-this unique offering consists of four parcels totaling over 1.5 acres, featuring 14 fully occupied rental units that range from efficient studios up to spacious four-bedroom homes. The rear of the property borders the tranquil creek, providing select units with peaceful water views and a serene natural backdrop. Tenants pay their own utilities, and there is ample parking for residents and guests alike. The property is on town sewer and ideally located within walking distance to all local amenities, while generous open space offers potential for additional units. With a consistent occupancy history and strong income stream, this in-town, creekside property is a proven money maker and a rare chance to own a high-performing rental portfolio in one of Idyllwild's most desirable locations. cap rate of 7.19
/u.realgeeks.media/murrietarealestatetoday/irelandgroup-logo-horizontal-400x90.png){kind=logo}
Additional Information
- Cooling
- Yes
- Lot Size
- 65,776
- Neighborhood
- Not Applicable-1
- Stories
- Two Levels
- View
- Creek/Stream, Trees/Woods
- Year Built
- 1955
Mortgage Calculator
Listing courtesy of Listing Agent: Ashley Stewart (ashley@ridgewayvision.com) from Listing Office: Idyllwild Realty.
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.