For sale
  • Listing Provided by: 

    Ashley Stewart DRE #01466789 951-659-2125,

    Idyllwild Realty

    $1,250,000

    26345 Highway 243, Idyllwild, CA 92549

    --beds
    --baths
    --sqft
    : 
    Multi Family
    Built in 1961
    -- sqft lot
    $1,217,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This mixed-use building presents a perfect investment opportunity with expansion potential already in place. The property features a commercial unit and five 1-bedroom, 1-bath apartments, all of which are consistently rented, ensuring steady income and minimal vacancy. Currently, the property generates $7,645 in monthly rent, with the potential to add $2,400 or more each month by finishing out the lower units. The building is on sewer and is located in a prime spot just off the highway, making it highly attractive for both residential and commercial tenants. Additionally, the vacant lot next door-also on sewer and available for sale-offers further possibilities for expansion or development. With its low-maintenance design and history of reliable occupancy, this property is an excellent choice for investors seeking both immediate cash flow and long-term growth. Consider purchasing the adjacent lot to maximize your investment and take advantage of this unique opportunity in a desirable town location.
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