411 Tetley Ln Crestline, CA 92325
Estimated payment $3,348/month
Highlights
- No HOA
- Carpet
- 1-Story Property
- Level Lot
About This Home
Rare Multi-Unit Investment Opportunity in Crestline – 405 & 411 Tetley Dr = 5 x 1 bedroom units
Don’t miss this unique chance to own two adjoining parcels in the heart of Crestline, offering five income-generating units to expand your investment portfolio or live in one while renting out the others. 405 Tetley Dr and 411 Tetley Dr are being sold together, as the off-street parking for 411 is located on the 405 parcel – making them an inseparable and highly functional combo.
The property includes five 1-bedroom, 1-bath units, with Unit 2 featuring an additional small den, perfect for a home office or guest space. Each unit has level parking and level entry, making access easy for all occupants – a rare and desirable feature in mountain communities.
There is no shared laundry currently on-site, but there may be potential to add this amenity and boost rental appeal. The layout of the parcels offers privacy between units, while still being conveniently located close to downtown Crestline and Lake Gregory.
Whether you're looking to invest in long-term rentals or create a cozy retreat in the mountains with rental income potential, this versatile property is full of possibilities.
Listing Agent
COZY CABINS REALTY Brokerage Phone: 909-338-2700 License #01473511 Listed on: 04/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,417
Year Built
- Built in 1938
Lot Details
- 9,750 Sq Ft Lot
- No Common Walls
- Rural Setting
- Level Lot
- No Sprinklers
- 0343134140000
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 1,800 Sq Ft Home
- 1-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Legal Lot and Block 14 / B
- Tax Tract Number 2139
- Assessor Parcel Number 0343134130000
- $1,005 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 5 Units
- Voe Subdivision
Building Details
- 5 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $4,800
- Insurance Expense $10,000
- Professional Management Expense $5,150
- Trash Expense $1,980
- Water Sewer Expense $6,000
- Operating Expense $31,174
- Net Operating Income $49,194
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,417 | $246,072 | $29,530 | $216,542 |
| 2024 | $3,417 | $241,247 | $28,951 | $212,296 |
| 2023 | $3,377 | $236,516 | $28,383 | $208,133 |
| 2022 | $3,315 | $231,878 | $27,826 | $204,052 |
| 2021 | $3,278 | $227,331 | $27,280 | $200,051 |
| 2020 | $3,366 | $232,724 | $27,061 | $205,663 |
| 2019 | $3,291 | $228,160 | $26,530 | $201,630 |
| 2018 | $3,128 | $223,686 | $26,010 | $197,676 |
| 2017 | $3,078 | $219,300 | $25,500 | $193,800 |
| 2016 | $2,994 | $215,000 | $25,000 | $190,000 |
| 2015 | $1,959 | $122,616 | $11,601 | $111,015 |
| 2014 | $1,924 | $120,214 | $11,374 | $108,840 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | Price Changed | $574,900 | -3.7% | $319 / Sq Ft |
| 07/04/2025 07/04/25 | Price Changed | $597,000 | -0.2% | $332 / Sq Ft |
| 06/03/2025 06/03/25 | Price Changed | $598,000 | -0.2% | $332 / Sq Ft |
| 04/11/2025 04/11/25 | Price Changed | $599,000 | -7.8% | $333 / Sq Ft |
| 04/01/2025 04/01/25 | For Sale | $649,999 | +85.7% | $361 / Sq Ft |
| 03/05/2020 03/05/20 | Sold | $350,000 | -6.7% | $243 / Sq Ft |
| 01/24/2020 01/24/20 | Pending | -- | -- | -- |
| 01/14/2020 01/14/20 | For Sale | $375,000 | +36.4% | $260 / Sq Ft |
| 09/18/2015 09/18/15 | Sold | $275,000 | -8.3% | $191 / Sq Ft |
| 09/10/2015 09/10/15 | Pending | -- | -- | -- |
| 08/04/2015 08/04/15 | For Sale | $299,900 | -- | $208 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Bnt Title Company Of Ca | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Grant Deed | $225,000 | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | Stewart Title Of California | |
| Grant Deed | $275,000 | Stewart Title & Uptown Escro | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $245,000 | New Conventional | |
| Closed | $168,750 | New Conventional | |
| Previous Owner | $136,500 | New Conventional | |
| Previous Owner | $240,000 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG25071169
APN: 0343-134-13
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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