Open House @ OpenHouse.house

Multi-Family Units

Idyllwild

$999,000

Investment potential awaits in the heart of Idyllwild w/ this rare 4-plex opportunity.

Featuring four individual Modified A-Frame Cabins, each being 2-bedroom, 1-bath, all connected to sewer.

Each cabin boasts vaulted ceilings, large picture windows that fill the space with natural light, private laundry hookups, and ample parking for residents and guests.

Flexible living and rental options make this property truly versatile: live in one cabin and rent out the others.

Maximize income with long-term tenants, or explore lucrative short-term rental possibilities.

3 units are currently on month-to-month leases with one held vacant for easy showing.

Current rents well below market value, offering immediate upside for savvy investors.

Whether you are looking for a multi-generational retreat, a steady investment, or a blend of personal use and rental income, this unique mountain property delivers unmatched versatility in a highly sought-after Idyllwild location.

This property is perfectly situated just steps from scenic trails leading to the Nature Center and peaceful walks along Strawberry Creek.

Don't miss your chance to own a property with endless possibilities!

This mixed-use building presents a perfect investment opportunity with expansion potential already in place.

The property features a commercial unit and five 1-bedroom, 1-bath apartments, all of which are consistently rented, ensuring steady income and minimal vacancy.

Currently, the property generates $7,645 in monthly rent, with the potential to add $2,400 or more each month by finishing out the lower units.

The building is on sewer and is located in a prime spot just off the highway, making it highly attractive for both residential and commercial tenants.

Additionally, the vacant lot next door, also on sewer and available for sale, offers further possibilities for expansion or development.

With its low-maintenance design and history of reliable occupancy, this property is an excellent choice for investors seeking both immediate cash flow and long-term growth.

Consider purchasing the adjacent lot to maximize your investment and take advantage of this unique opportunity in a desirable town location.

Idyllwild

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$1,250,000

©OpenHouse.house ©palmstopinesrealtor.com

Idyllwild

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

$2,399,000

©OpenHouse.house ©palmstopinesrealtor.com