54100 Pine Crest, Idyllwild, CA 92549 - MLS#219134065DA

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John Hunter

john@therealestatehunter.com +1(310) 704-6294

$2,399,000

Est. payment - /mo

1.51 Acres Lot

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219134065DA

HOA Y/N No

Year Built 1955

Lot Size 1.510 Acres

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

Location

State CA

County Riverside

Area 222 - Idyllwild

Interior

Heating Fireplace(s), Heat Pump, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Tile

Fireplaces Type Living Room, Primary Bedroom, Wood Burning

Fireplace Yes

Exterior

Parking Features Assigned, Driveway

Carport Spaces 1

View Y/N Yes

View Creek/Stream, Trees/Woods

Total Parking Spaces 34

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 563311006, 561041011, 563311008, 561041011

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Lease Land No

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Listed by Ashley Stewart Idyllwild Realty

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John Hunter

+1(310) 704-6294

Broker | License ID: 01852653

Broker License ID: 01852653

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54100 Pine Crest Idyllwild, CA 92549

John Hunter

Key Details

Location

Interior

Exterior

Building

Others

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