$1,250,000

26345 Hwy 243, Idyllwild, CA 92549

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

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.

Listing Status:
Active
Date Added:
August 16, 2025 at 05:00AM
Listing Office:
Idyllwild Realty : 951-659-2125
Listing Agent:
Ashley Stewart : (951) 818-1170
MLS ID:
219134063DA
  • Flooring: CarpetLaminateTile
  • A/C:
  • Heating: ElectricHeat PumpPropaneWall Furnace
  • Parking: DrivewayParking spaces: 20
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS
  • County: Riverside
  • Zoning: 565070001
  • Source: CRMLS

This listing courtesy of Ashley Stewart, Idyllwild Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

I

Idyllwild School

26700 State Highway 243, Idyllwild, CA, 92549

Grades KG-8

0.10 miles away

I

Idyllwild School

26700 State Highway 243, Idyllwild, CA, 92549

Grades KG-8

0.10 miles away

H

Hamilton School

57430 Mitchell Rd, Anza, CA, 92539

Grades 6-12

12.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.