$2,399,000

54100 Pine Crest, Idyllwild, CA 92549

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon1.51acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

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

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:
219134065DA
  • Flooring: CarpetLaminateTile
  • A/C: Wall/Window Unit(s)
  • Heating: Fireplace(s)Heat PumpWall Furnace
  • Fireplace: Living RoomPrimary BedroomWood BurningFireplace
  • Parking: AssignedDrivewayParking spaces: 34
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS
  • County: Riverside
  • Zoning: 563311006561041011563311008561041011
  • View: Creek/StreamTrees/WoodsView
  • Source: CRMLS

This listing courtesy of Ashley Stewart, Idyllwild Realty

Monthly Payment

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

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Location

Schools Nearby

I

Idyllwild School

26700 State Highway 243, Idyllwild, CA, 92549

Grades KG-8

0.52 miles away

I

Idyllwild School

26700 State Highway 243, Idyllwild, CA, 92549

Grades KG-8

0.52 miles away

H

Hemet High School

41701 Stetson Ave, Hemet, CA, 92544

Grades 9-12

12.46 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.