54100 Pine Crest Ave

$2,399,000
Price
18
Beds
14
Baths
7,500 Sq. Ft.
$320 / Sq. Ft.
7,500
Sq. Ft.
$320
per Sq. Ft.

Description

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...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
  1. Listed by Ashley Stewart • DRE #01466789 • Brokerage DRE #01367581 • Idyllwild Realty-North Circle Office • (951) 818-1170

Property Details for 54100 Pine Crest Avenue

Subdivision
Downtown
LISTING UPDATED: 08/16/2025 04:47 PM

Property Details for 54100 Pine Crest Avenue

StatusActive
MLS #2011140
Days on Market134
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiFamily
Year Built1955
Lot Size1.51 AC / 65,775 SF
CountyRiverside County

Location

Listing Courtesy of Idyllwild Realty-North Circle Office, Ashley Stewart, DRE #01466789
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Building Information for 54100 Pine Crest Avenue

Stories-Residences-Year Built1955Building Size-Lot Size1.51 AC / 65,775 SF

Payment Calculator

$12,377 per month

30 year fixed, 6.28% Interest

Principal and Interest

$11,854

Property Taxes

$523

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 54100 Pine Crest Avenue

Summary
Location and General Information
  • ApnNumber: 563-311-006, 561-041
  • City: Idyllwild
  • County: Riverside
  • State: CA
  • Directions To Property: On Pine Crest between Manzanita and Riverside County Playground Rd
  • Postal Code: 92549
  • Latitude: 33.7452945
  • Listing Area: Idyllwild
  • Longitude: -116.7178591
Taxes and HOA Information
  • Estimated Annual Taxes: $.00
  • HOA Fees: $.00
Parking
  • Garage Spaces: 0
Property
Lot Information
  • Lot Size: 1.51
  • Stories: 0
Property and Assessments
  • Number Photos: 71
  • Property Type: Residential Income
  • PropertyType2: Multi-Family Building
  • Property Subtype: 5+ Unites
  • Year Built: 1955
  • Utilities: TV-Cable: Available, Internet: Cable/DSL, Propane: Available, Sewer: Yes, Water Meter: Yes, Power: Utility Co.
Interior and Exterior Features
Exterior Features
  • Exterior Features: Close Proximity to Town, Snowplow Friendly, Survey: Corners Marked
  • Roof Type: Composition
  • Exterior Construction: Siding-Wood
Interior Features
  • Bathrooms Total: 14.25
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Bedrooms: 18
  • Cooling: Wall/Window Unit(s)
  • Heating: Fireplace(s), Wall Furnace, Heat Pump
  • Living Sq Ft: 7500
  • Total Units: 14
Rental
Rent Information
  • Rental Price: $.00

Property History for 54100 Pine Crest Avenue

DateEvent & SourcePriceAppreciation
Aug 16, 2025

Listed (Active)

CRMLS #219134065DA

$2,399,000—
Aug 16, 2025

Listed (Active)

GPSMLS #219134065

$2,399,000—
Aug 15, 2025

Listed (Active)

IDYLLWILD #2011140

$2,399,000—
Jan 27, 2022

Withdrawn / Cancelled

IDYLLWILD #2009589

—
Oct 2, 2021

Price Change

IDYLLWILD #2009589

$1,199,000—
Oct 2, 2021

Listed (Active)

IDYLLWILD #2009589

$1,099,000—
DateEvent & SourcePrice
08/16/2025

Listed (Active)

CRMLS #219134065DA

$2,399,000
08/16/2025

Listed (Active)

GPSMLS #219134065

$2,399,000
08/15/2025

Listed (Active)

IDYLLWILD #2011140

$2,399,000
01/27/2022

Withdrawn / Cancelled

IDYLLWILD #2009589

—
10/02/2021

Price Change

IDYLLWILD #2009589

$1,199,000
10/02/2021

Listed (Active)

IDYLLWILD #2009589

$1,099,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 54100 Pine Crest Avenue

Taxable ValueLand$159,809Additions$371,709Total$531,518
Tax Record2025$6,278 ($523 / month)
Home Facts
Total Finished SqFt1,580 SqFtAbove Grade Finished SqFt1,580 SqFtStories1Lot Size34,848 SqFtStyleMulti-Family Res (5+ Units)Year Built1946ZoningMMCountyRIVERSIDEAPN563-311-006

Schools near 54100 Pine Crest Avenue

This home is within Hemet Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Valle Vista Elementary School
PublicK to 5

Dartmouth Middle School
Public6 to 8

Hemet High School
Public9 to 12

Idyllwild School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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54100 Pine Crest Avenue is a multi-family home for sale in Idyllwild, CA 92549. This property was listed for sale on August 16, 2025 by Idyllwild Realty-North Circle Office, it's currently listed at $2,399,000. This listing's school district is Hemet Unified School District. Nearby schools include Valle Vista Elementary School, Dartmouth Middle School and Hemet High School. 54100 Pine Crest Avenue is a 18-bed, 14-bath, 7,500 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Idyllwild Realty-North Circle Office, Ashley Stewart, DRE #01466789

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.