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
Address
Open on Google Maps- Address 54100 Pine Crest
- City Idyllwild
- State/county CA
- Zip/Postal Code 92549
- Area Not Applicable-1
- Country US
Details
Updated on August 17, 2025 at 12:23 am- Property ID: 219134065DA
- Price: $2,399,000
- Land Area: 1.51 Acres
- Garage Size: x x
- Year Built: 1955
- Property Type: Residential Income
- Property Status: Active
