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For sale
  • Listing Provided by: 

    Ashley Stewart DRE #01466789 951-818-1170,

    Idyllwild Realty

    $2,399,000

    54100 Pine Crest Ave, Idyllwild, CA 92549

    --beds
    --baths
    --sqft
    : 
    Multi Family
    Built in 1955
    -- sqft lot
    $2,184,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Ample parkingPeaceful water viewsTranquil creekSerene natural backdrop
    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
    126 days
    |
    113
    |
    2
    |

    Zillow last checked: 8 hours ago

    Listing updated: August 16, 2025 at 05:23pm

    Listing Provided by:

    Ashley Stewart DRE #01466789 951-818-1170,

    Idyllwild Realty

    Source: CRMLS,MLS#: 219134065DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Tour with a local agent

    Facts & features

    Interior

    Rooms
    • Room types: Living Room
    Heating
    • Fireplace(s), Heat Pump, Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Features
    • Flooring: Carpet, Laminate, Tile
    • Has fireplace: Yes
    • Fireplace features: Living Room, Primary Bedroom, Wood Burning

    Property

    Parking
    • Total spaces: 34
    • Parking features: Assigned, Driveway
    • Carport spaces: 1
    • Uncovered spaces: 32
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: Creek/Stream, Trees/Woods
    • Has water view: Yes
    • Water view: Creek/Stream
    Lot
    • Size: 1.51 Acres
    Details
    • Parcel number: 563311006, 561041011, 563311008, 561041011
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1955

    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
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    Estimated market value

    $2,184,200

    $2.07M - $2.29M

    $2,036/mo

    Price history

    Price history
    DateEventPrice
    8/16/2025Listed for sale$2,399,000+100.1%
    Source: Idyllwild MLS #2011140 Report a problem
    1/28/2022Listing removed--
    Source: Idyllwild MLS Report a problem
    12/30/2021Listed for sale$1,199,000+9.1%
    Source: Idyllwild MLS #2009589 Report a problem
    10/16/2021Listing removed--
    Source: Idyllwild MLS Report a problem
    10/3/2021Listed for sale$1,099,000+46.5%
    Source: Idyllwild MLS #2009589 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $15,219/mo
    Principal & interest
    $12000
    Property taxes
    $2379
    Home insurance
    $840

      Climate risks

      Neighborhood: 92549

      Nearby schools

      GreatSchools rating

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