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.
For sale
Listing Provided by:
Ashley Stewart DRE #01466789 951-818-1170,
Idyllwild Realty
$1,250,000
26345 Highway 243, Idyllwild, CA 92549
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1961
-- sqft lot
$1,147,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 127 days |
- 106 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: August 16, 2025 at 04:30pm
Listing Provided by:
Ashley Stewart DRE #01466789 951-818-1170,
Idyllwild Realty
Source: CRMLS,MLS#: 219134063DA
Originating MLS: California Desert AOR & Palm Springs AOR
Tour with a local agent
Facts & features
Interior
Rooms
- Room types: Living Room
Heating
- Electric, Heat Pump, Propane, Wall Furnace
Cooling
- Has cooling: Yes
Features
- Flooring: Carpet, Laminate, Tile
- Has fireplace: No
Property
Parking
- Total spaces: 20
- Parking features: Driveway
- Uncovered spaces: 20
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.32 Square Feet
Details
- Parcel number: 565070001
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1961
Community & HOA
Community
- Subdivision: Not Applicable-1
Location
- Region: Idyllwild
Financial & listing details
- Date on market: 8/16/2025
- Listing terms: Cash,Conventional,1031 Exchange
Estimated market value
$1,147,900
$1.09M - $1.21M
$2,025/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2025 | Listed for sale | $1,250,000+25.6% |
Source: Idyllwild MLS #2011139 Report a problem | ||
| 5/21/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/5/2024 | Listed for rent | $1,450 |
Source: Zillow Rentals Report a problem | ||
| 1/28/2022 | Listing removed | -- |
Source: Idyllwild MLS Report a problem | ||
| 1/8/2022 | Price change | $995,000-9.5% |
Source: Idyllwild MLS #2009690 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$7,930/mo
Principal & interest
$6252
Property taxes
$1240
Home insurance
$438
Climate risks
Neighborhood: 92549
Nearby schools
GreatSchools rating
- 8/10Idyllwild SchoolGrades: K-8Distance: 0.3 mi
- 7/10Hemet High SchoolGrades: 9-12Distance: 12.4 mi
- Loading
- Loading





