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
1.51 Private Acres Lot Size
Investment
Built in 1955
MLS/Listing ID 219134065DA
2 Stories
14 Units
Heating - Fireplaces
Heating - Heat Pump
Tile
Laminate
Carpet
Wood Burning Fireplace
Primary Bedroom Fireplace
Living Room Fireplace
Cooling - Wall/window unit(s)
Trees Woods View
Creek Stream View
Parking - Driveway
Parking - Assigned
Heating - Wall Furnace

Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE
TOTAL MONTHLY COST
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