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
Property Details
Price:
$2,399,000
MLS #:
219134065DA
Status:
Active
Baths:
0
Address:
54100 Pine Crest
Type:
Residential Income
Neighborhood:
222idyllwild
City:
Idyllwild
Listed Date:
Aug 16, 2025
State:
CA
ZIP:
92549
Lot Size:
65,776 sqft / 1.51 acres (approx)
Year Built:
1955
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Carpet, Tile, Laminate
Heating
Fireplace(s), Wall Furnace, Heat Pump
Exterior
Parking Features
Assigned, Driveway
Parking Spots
34.00
Financial
Map
Community
- Address54100 Pine Crest Idyllwild CA
- Area222 – Idyllwild
- CityIdyllwild
- CountyRiverside
- Zip Code92549
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54100 Pine Crest
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