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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON OCT 25 2025 AT 2:14 PM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

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54100 Pine Crst

idyllwild-pine cove, CA 92549

$2,399,000

    INTERESTED? LET'S CONNECT

    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

    Details

    1.51 Private Acres Lot Size

    Investment

    Built in 1955

    MLS/Listing ID 219134065DA

    2 Stories

    14 Units

    Amenities & Features

    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

    CRMLS

    Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE

    estimate my mortgage

    TOTAL MONTHLY COST

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    Interested in 54100 Pine Crst?