Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1955
Sq.Footage
N/A
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
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Fireplace(s), Heat Pump, Wall Furnace
Exterior
-
Garage
No
-
Parking
Assigned, Driveway
-
Pool
No
-
View
Creek/Stream, Trees/Woods
Area & Lot
-
Lot Size(acres)
1.51
-
Property Type
Residential Income
Price
-
Sales Price
$2,399,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Riverside
Elementary School
Middle School
High School
Listing Courtesy of Ashley Stewart , Idyllwild Realty
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