23360 Crest Forest Drive

Crestline, CA 92325

$3,200,000
Price
5
Beds
20
Baths
9,178 Sq. Ft.
$349 / Sq. Ft.
9,178
Sq. Ft.
$349
per Sq. Ft.

Description

Welcome to Crestline! Right as you enter the city of Crestline off of HWY 138, and only a few minutes from Lake Gregory, Tudor Pines is a terrific opportunity to make passive income! With its cozy, charming, and cottage appearance, the opportunities are endless to make money on this mountain property! Tudor Pines contains 17 units that range from 1 bed/1 bath to 2 beds/2 baths. The property consists of 4 buildings with occupied units, a laundry room, and a common courtyard. Very close to shopping,...Welcome to Crestline! Right as you enter the city of Crestline off of HWY 138, and only a few minutes from Lake Gregory, Tudor Pines is a terrific opportunity to make passive income! With its cozy, charming, and cottage appearance, the opportunities are endless to make money on this mountain property! Tudor Pines contains 17 units that range from 1 bed/1 bath to 2 beds/2 baths. The property consists of 4 buildings with occupied units, a laundry room, and a common courtyard. Very close to shopping, entertainment, and dining!
  1. Listed by Ronald Fernandez • DRE #02018480 • Brokerage DRE #01360308 • SOUTHLAND PROPERTIES • 626-454-9085

Property Details for 23360 Crest Forest Drive

Parking Spaces Total
0
Private Pool
No
Total Units
17.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
9178
Assessor Parcel Number
0338-072-50-0000
Property Attached YN
true

Location

Listing Courtesy of SOUTHLAND PROPERTIES, Ronald Fernandez, DRE #02018480
Add your commute
LISTING UPDATED: 04/29/2024 07:13 AM

Property Details for 23360 Crest Forest Drive

StatusActive
MLS #CV23010127
Days on Market461
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1950
Lot Size0.31 AC / 13,700 SF
CountySan Bernardino County

Location

Listing Courtesy of SOUTHLAND PROPERTIES, Ronald Fernandez, DRE #02018480
Add your commute

Building Information for 23360 Crest Forest Drive

Stories-Residences-Year Built1950Building Size-Lot Size0.31 AC / 13,700 SF

Payment Calculator

$18,111 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,464

Property Taxes

$647

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 23360 Crest Forest Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $185,652
  • Gross Scheduled Income: $185,652
  • Net Operating Income: $139,764
Expense Details
  • Operating Expense: $45,888
  • New Taxes Expense: $7,319
  • Fuel Expense: $924
  • Electric Expense: $5,880
  • Insurance Expense: $18,413
  • Professional Management Expense: $0
  • Trash Expense: $5,833
  • Water Sewer Expense: $7,519
  • Total Expenses: $45,888
Tax / Assessment Info
  • Tax Tract Number: 108.05
  • Tax Census Tract: 108.05
  • Tax Lot: 62O
Community / Development
Community / Development
  • Community Features: Fishing, Hiking, Lake, Mountainous
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 16-20 Units/Acre
  • Number Of Units: 17
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Crestline
  • Builders Tract Code: Crestline (CRES)
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,540
  • Unit Type Total Rent: $3,540
  • Unit Type Pro Forma: 5326
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 10
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $7,916
  • Unit Type Total Rent: $7,916
  • Unit Type Pro Forma: 11600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $4,015
  • Unit Type Total Rent: $4,015
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 17
  • Number Of Separate Gas Meters: 17
  • Number Of Separate Water Meters: 17

Property History for 23360 Crest Forest Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 23360 Crest Forest Drive

Taxable ValueLand$90,545Additions$543,276Total$633,821
Tax Record2023$7,768 ($647 / month)
Home Facts
Total Finished SqFt6,000 SqFtAbove Grade Finished SqFt6,000 SqFtLot Size13,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1950Year Renovated1956CountySAN BERNARDINOAPN0338-072-50-0000

Schools near 23360 Crest Forest Drive

This home is within Rim Of The World Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Valley Of Enchantment Elementary School
PublicK to 5

Mary P. Henck Intermediate School
Public6 to 8

Rim Of The World Senior High School
Public9 to 12

Mountain High School
Public9 to 12

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.

Similar Homes

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23360 Crest Forest Drive is a mixed use property for sale in Crestline, CA 92325. This property was listed for sale on January 9, 2023 by SOUTHLAND PROPERTIES, it's currently listed at $3,200,000. It has been on the market for a total of 461 days and was last sold on May 9, 2012. This listing's school district is Rim Of The World Unified School District. Nearby schools include Valley Of Enchantment Elementary School, Mary P. Henck Intermediate School and Rim Of The World Senior High School. 23360 Crest Forest Drive is a 5-bed, 20-bath, 9,178 sqft mixed use property built in 1950.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SOUTHLAND PROPERTIES, Ronald Fernandez, DRE #02018480

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.