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54100 Pne Crst Idyllwild, CA 92549

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For Sale
$2,399,000

Four parcels with 14 units in desirable Idyllwild location.

Lot size:
1.51 Acres

Property Features for 54100 Pne Crst

General Information

Lot size
1.51 Acres

Building Details

Year built
1955

Source: Idyllwild Realty Agent Ashley Stewart

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Idyllwild Multifamily Investment Opportunity

This unique offering features four parcels totaling over 1.5 acres, with 14 fully occupied rental units ranging from studios to four-bedroom homes. Located in the heart of Idyllwild, the property borders a tranquil creek, providing select units with water views and a serene natural backdrop. Tenants are responsible for their own utilities, and ample parking is available for residents and guests. The property is connected to the town sewer system and is within walking distance of local amenities. Generous open space offers potential for additional units. This in-town, creekside property has a consistent occupancy history and strong income stream. The cap rate is 7.19.
Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
Idyllwild
County
Riverside
State
California
Longitude
-116.725
Latitude
33.7589

FAQs

What type of property is this?
Apartment building - Four parcels with 14 units in desirable Idyllwild location.
Where is this apartment building located?
The property is located at 54100 Pne Crst Idyllwild, CA.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: - High-performing rental portfolio with a **7.19% cap rate** and strong income stream.; - **14 fully occupied rental units** (studios to 4-bedroom homes) on over 1.5 acres.; - Prime in-town location within walking distance to all local amenities.
More about this property
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