$2,399,000

54100 Pine Crest Ave Idyllwild, CA 92549

Estimated payment $15,006/month

Total Views 29,043
20 Beds
15 Baths
7,500 Sq Ft
$320 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Living Room with Fireplace
  • Central Air
  • 65,776 Sq Ft lot
  • Tile Flooring
  • Dining Room

About This Home

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

Listing Agent

Ashley Stewart

Idyllwild Realty License #01466789 Listed on: 08/16/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 1.51 Acre Lot

Property Views

  • Woods
  • Creek or Stream

Interior Spaces

  • 7,500 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 10 Fireplaces
  • Dining Room

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 20 Bedrooms

Parking

  • 1 Carport Space
  • 34 Car Parking Spaces
  • Driveway
  • 32 Assigned Parking Spaces

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 563311006, 561041011, 563311008, 561041011

Community Details

Overview

  • 10 Buildings
  • 14 Units
  • 10-Story Property

Building Details

  • 8 Separate Electric Meters
  • 13 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: Yes
  • Levels: Two
  • Building Number Of Stories: 10
  • List Price per Sq Ft: 319.87
  • View Type: Creek/Stream, Trees/Woods
  • Year Built: 1955
  • Internal Listing I D: 20250816234321394073000000
  • Listing I D: 219134065
  • Listing Member Address: P.O. Box 243, Idyllwild, CA 92549
  • Listing Office Address: 54295 N. Circle Drive, P.O. Box 243, Idyllwild, CA 92549
  • Listing Office Fax: (951) 659-2127
  • List Office Board Code: California Desert Association of Realtors
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room, Primary Bedroom
  • Fireplace Features: Wood
  • Flooring: Carpet, Tile, Laminate, Linoleum
  • Total Bedrooms: 20
  • Total Bathrooms: 15.00
  • Full Bathrooms: 12
  • Three Quarter Bathrooms: 3
  • Estimated Sq Ft: 7500.00

Exterior Features

  • View: Yes

Garage/Parking

  • Parking: Assigned, Driveway
  • Parking Info Total Carport Spaces: 1.00
  • Parking Info Total Covered Spaces: 1.00
  • Parking Info Total Parking Spaces: 34.00
  • Total Uncovered Assigned Spaces: 32.00

Utilities

  • Number Electric Meters: 8
  • Number Water Meters: 4
  • Cooling Type: Air Conditioning, Wall/Window Unit(s), Ceiling Fan(s)
  • Heating: Fireplace(s), Wall Furnace, Heat Pump
  • Sewer: In, Connected and Paid
  • Number Gas Meter: 13

Lot Info

  • Assessor Parcel Number: 563311006, 561041011, 563311008, 561041011
  • Lot Size: 65776.00

Rental Info

  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 10
  • Total Units: 14

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2025 08/16/25 For Sale $2,399,000 -- $320 / Sq Ft
Source: California Desert Association of REALTORS®

About the Listing Agent

Ashley Stewart
Ashley Stewart

Idyllwild Realty

(951) 944-3143

Section Image

I am proud to be able to work everyday with both my husband and now my oldest son. We work together as Team Stewart to help you along every step of the way of your transaction. We will show you the ins and outs, that Idyllwild has to offer you, be it the neighborhoods, the downtown district or events. Let us join you on your journey of buying or selling your own piece of Idyllwild

I began my Real Estate career back in 2005. My passion started in making properties that needed a little TLC

View Ashley's Profile

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Source: California Desert Association of REALTORS®

MLS Number: 219134065

California Desert Association of REALTORS®
California Riverside County Idyllwild-Pine Cove 92549

54100 Pine Crest Ave, Idyllwild-Pine Cove, CA

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Ashley Stewart
Ashley Stewart
Listing Agent Section Image
Idyllwild Realty
(951) 944-3143