For sale
  • Listing Provided by: 

    Ashley Stewart DRE #01466789 951-659-2125,

    Idyllwild Realty

    $2,399,000

    54100 Pine Crest Ave, Idyllwild, CA 92549

    --beds
    --baths
    --sqft
    : 
    Multi Family
    Built in 1955
    -- sqft lot
    $2,218,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Ample parkingPeaceful water viewsTranquil creekSerene natural backdrop
    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
    50 days
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