CA > Idyllwild
Idyllwild, CA 92549,26345 Hwy 243
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Idyllwild, CA 92549,26345 Hwy 243
Idyllwild, CA 92549,26345 Hwy 243
Idyllwild, CA 92549,26345 Hwy 243
Idyllwild, CA 92549,26345 Hwy 243
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Paul Phillips

Paul Phillips

+1(323) 523-9366
$ 1,250,000
Est. payment /mo
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Active

26345 Hwy 243 Idyllwild, CA 92549

5 Beds

1 Bath

5,350 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,350 sqft

Price per Sqft $233

MLS Listing ID 219134063DA

Bedrooms 5

Full Baths 1

Year Built 1961

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Riverside

Area Idyllwild

Interior

Heating Electric, Heat Pump, Propane Gas, Wall

Cooling Air Conditioning, Ceiling Fan

Flooring Carpet, Laminate, Tile

Equipment Ceiling Fan

Exterior

Parking Features Driveway

Garage Spaces 20.0

View Y/N No

Building

Story 2

Sewer In Connected and Paid

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Idyllwild Realty
Paul Phillips

Paul Phillips

Agent

+1(323) 523-9366

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26345 Hwy 243