26345 Hwy 243, Idyllwild, CA 92549
Local realty services provided by:Better Homes and Gardens Real Estate Champions
26345 Hwy 243,Idyllwild, CA 92549
$1,250,000
- 5 Beds
- 1 Baths
- 5,350 sq. ft.
- Multi-family
- Active
Listed by:ashley m stewart
Office:idyllwild realty
MLS#:219134063
Source:CA_DAMLS
Price summary
- Price:$1,250,000
- Price per sq. ft.:$233.64
About this home
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.
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Home facts
- Year built:1961
- Listing ID #:219134063
- Added:47 day(s) ago
- Updated:October 03, 2025 at 02:42 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:1
- Full bathrooms:1
- Living area:5,350 sq. ft.
Heating and cooling
- Cooling:Air Conditioning, Ceiling Fan(s)
- Heating:Electric, Heat Pump, Propane Gas, Wall Furnace
Structure and exterior
- Year built:1961
- Building area:5,350 sq. ft.
Utilities
- Sewer:Connected and Paid, In
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$233.64
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