711 Forest Shade Road

Crestline, CA 92325

$831,000
Price
4
Beds
6
Baths
3,486 Sq. Ft.
$238 / Sq. Ft.
3,486
Sq. Ft.
$238
per Sq. Ft.

Description

Location! Location! Walking distance to Lake Gregory, restaurants, and shopping centers! Great income property for investors. This property has 6 units. 3 units have 2 bedrooms, 1 bathroom. 2 units have 1 bedroom, 1 bathroom, 1 unit is a smaller space with full bath. All units have their own parking space. There are 3 large storage sheds for possible additional potential income. Rentals are in high demand in Crestline due to the close proximity of the Inland Empire. Seller is very motivated! Submit...Location! Location! Walking distance to Lake Gregory, restaurants, and shopping centers! Great income property for investors. This property has 6 units. 3 units have 2 bedrooms, 1 bathroom. 2 units have 1 bedroom, 1 bathroom, 1 unit is a smaller space with full bath. All units have their own parking space. There are 3 large storage sheds for possible additional potential income. Rentals are in high demand in Crestline due to the close proximity of the Inland Empire. Seller is very motivated! Submit your offer!
  1. Listed by PAUL MARMORSTEIN • DRE #02089181 • Brokerage DRE #02091630 • CAPRE • 323-509-6015
  2. Listed by VANESSA VEGA-AVENDANO • DRE #02227468 • Brokerage DRE #02091630 • CAPRE

Property Details for 711 Forest Shade Road

View
Trees/Woods
Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3486

Location

Listing Courtesy of CAPRE, PAUL MARMORSTEIN, DRE #02089181; CAPRE, VANESSA VEGA-AVENDANO, DRE #02227468
Add your commute
LISTING UPDATED: 05/01/2024 07:22 AM

Property Details for 711 Forest Shade Road

StatusActive
MLS #EV23137593
Days on Market276
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1933
Lot Size0.32 AC / 13,800 SF
CountySan Bernardino County

Location

Listing Courtesy of CAPRE, PAUL MARMORSTEIN, DRE #02089181; CAPRE, VANESSA VEGA-AVENDANO, DRE #02227468
Add your commute

Building Information for 711 Forest Shade Road

Stories2Residences-Year Built1933Building Size-Lot Size0.32 AC / 13,800 SF

Payment Calculator

$5,286 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,535

Property Taxes

$751

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 711 Forest Shade Road

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $77,100
  • Gross Scheduled Income: $77,100
  • Net Operating Income: $72,000
  • Laundry Income: $2,400
  • Current Financing: Other
Expense Details
  • Operating Expense: $9,000
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Electric Expense: $500
  • Insurance Expense: $1,500
  • Professional Management Expense: $0
  • Trash Expense: $3,600
  • Water Sewer Expense: $2,200
  • Total Expenses: $9,000
Tax / Assessment Info
  • Tax Tract Number: 1989
  • Tax Census Tract: 108.04
  • CFD/Mello-Roos Fee: $1
  • Tax Lot: 1491
Community / Development
Community / Development
  • Community Features: Biking, BLM/National Forest, Dog Park, Fishing, Hiking, Lake, Park, Watersports
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Equipment: Laundry Area, Outside, Refrigerator, Room
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room, Outside
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Wood
Exterior Features
  • Roof: Composition
  • Entry Location: Level
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • View Description: Trees/Woods
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: County Road
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • 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: $1,100
  • Unit Type Total Rent: $3,300
  • Unit Type Pro Forma: 39600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 10200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 13200
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 6
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Number With Disposal: 6
  • Number With Patio: 5

Property History for 711 Forest Shade Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 711 Forest Shade Road

Taxable ValueLand$137,920Additions$545,110Total$683,030
Tax Record2023$9,009 ($751 / month)
Home Facts
Total Finished SqFt581 SqFtAbove Grade Finished SqFt581 SqFtStories2Lot Size13,800 SqFtStyleQuadraplexYear Built1933Year Renovated1940CountySAN BERNARDINOAPN0338-283-14-0000Fireplace TypeHas Fireplace

Schools near 711 Forest Shade Road

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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711 Forest Shade Road is a multi-family home for sale in Crestline, CA 92325. This property was listed for sale on July 29, 2023 by CAPRE, it's currently listed at $831,000. It has been on the market for a total of 276 days and was last sold on January 27, 2023. 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. 711 Forest Shade Road is a 4-bed, 6-bath, 3,486 sqft multi-family home built in 1933.

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 CAPRE, PAUL MARMORSTEIN, DRE #02089181; CAPRE, VANESSA VEGA-AVENDANO, DRE #02227468

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.