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.
Property Details
Price:
$1,250,000
MLS #:
219134063DA
Status:
Active
Baths:
0
Address:
26345 Hwy 243
Type:
Residential Income
Neighborhood:
222idyllwild
City:
Idyllwild
Listed Date:
Aug 16, 2025
State:
CA
ZIP:
92549
Year Built:
1961
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Schools
Interior
Flooring
Carpet, Tile, Laminate
Heating
Electric, Propane, Heat Pump, Wall Furnace
Exterior
Parking Features
Driveway
Parking Spots
20.00
Financial
Map
Community
- Address26345 Hwy 243 Idyllwild CA
- Area222 – Idyllwild
- CityIdyllwild
- CountyRiverside
- Zip Code92549
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