25305 Marion Ridge Drive
Idyllwild, CA 92549
$29,000.00 (-7.27%)
Active Under Contract for $370,000
Beds: 3 Baths: 3 Structure Size: 1,088 sqft Lot Size: 12,632 sqft
MLS | 24430023 |
Year Built | 1959 |
Property Type | Single Family Residence |
County | Riverside |
Status | Active Under Contract |
Active Under Contract | $370,000 |
Structure Size | 1,088 sqft |
Lot Size | 12,632 sqft |
Beds | 3 |
Baths | 3 |
Description
PRICE REDUCED!! This property is priced to sell, if you have been looking for a multi unit family or investment property, this could be the one for you. Three cabins on one lot on 1/3 of an acre, plus a concrete pad with utility hookups for possibly an RV or tiny home, which was there previously. Features a very sought after detached two car garage with an EV charger and storage loft. Cabin A is 2 bed/1 bath. Cabin B is 1bed/1bed and Cabin C would be a Studio/1bath home when the renovation is completed, this third unit we've been told is one of the oldest homes in Pine Cove. There are six parking spaces, the property is partially fenced. Cabin A has a tenant paying $1,550 per month, they have six months left on the lease. There is also currently one tenant in Cabin B on a month to month lease bringing in 1,200 per month. These two units are ready to go and can start making you money right away. The property also includes a two car garage and storage loft with an EV charger so bring your EV and don't worry about having to find a charging station. This property is being sold AS - IS, there will be no repairs, credits or warranties, buyers will do their own inspections regarding square footage, property usage and property lines. Priced to sell on a nice quiet street, this is a perfect investment property for an owner who can decide what to do with the units going forward, you can start making money right away, maybe put another tiny home on the pad in back as your own mountain retreat. Please allow at least 24 hours notice to view the inside of the occupied cabin. Come enjoy life under the pines on a very quiet street or have a nice mountain investment property.
Listing information courtesy of: Steve Cuellar, Village Properties 213-361-4188. *Based on information from the Association of REALTORS/Multiple Listing as of 11/25/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.