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23285 Banning Idyllwild Panoramic Hwy, Idyllwild, CA 92549
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23285 Banning Idyllwild Panoramic Hwy Idyllwild, CA 92549

$1,100,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$1,100,000 Get Pre-Qualified
Map preview of 23285 Banning Idyllwild Panoramic Hwy, Idyllwild, CA 92549

Property Overview: 23285 Banning Idyllwild Panoramic Hwy Idyllwild, CA has -- bedrooms, -- bathrooms, -- living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This is the perfect property for your investment. The complex features 5 units each 1 bedroom 1 bath. The ground floor consists of 3 of the units. The Upper level includes 2 units as well as a roof top patio. Total square footage is 2,856 on 0.15 acre lot. The parking offers easy access to the complex. All units have separately metered Electric and Propane Gas. Owner pays water which is billed every other month form the water district. The complex was re-roofed in 2023. The complex is fully rented with below market rents. This Investments is currently sitting at 5% cap rate. Units will be shown for serious inquiries. Seller may be willing to carry.

Listed by Shane Stewart | BRE #01239103 | Idyllwild Realty
Last checked: 6 minutes ago | Last updated: August 7th, 2024 | Source CRMLS | DOM: 96

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
1966
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
219112756DA
City
Idyllwild
County
Riverside
Time on Site
100 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Leased Units: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
  • Improvements Total: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 23285 Banning Idyllwild Panoramic Hwy

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Propane, Wall Furnace
Laundry Information
  • No Laundry
Fireplace Information
  • No Fireplace
Room Information
  • Flooring: Carpet
  • See Remarks
Kitchen Information
  • Has Appliances
  • Water Heater
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
Exterior Features
  • No Pool
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • Total # of Units: 5
  • Parcel Number: 559157014
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable-1
  • Directions: ON HWY 243 BETWEEN PINE COVE RD AND MARION RIDGE
View more facts & features

Local Idyllwild Agent

Sale History for 23285 Banning Idyllwild Panoramic Hwy

Last sold for $360,000 on September 16th, 2016

  • June, 2024

  • Jun 10, 2024

    Date

    Active

    CRMLS: 219112756DA

    $1,100,000

    Price

  • September, 2016

  • Sep 16, 2016

    Date

    Sold (Public Records)

    Public Records

    $360,000

    Price

  • December, 2003

  • Dec 1, 2003

    Date

    Sold (Public Records)

    Public Records

    $305,000

    Price

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Tax History for 23285 Banning Idyllwild Panoramic Hwy

Assessed Value (2020): $382,034
Year Land Value Improved Value Assessed Value
2020 $53,060 $328,974 $382,034

Home Value Compared to the Market

This property vs the competition

23285 Banning Idyllwild Panoramic Hwy is listed 111.95% higher than the median list price for the city of Idyllwild which has a median list price of $519,000.

About 23285 Banning Idyllwild Panoramic Hwy

Detailed summary of property

23285 Banning Idyllwild Panoramic Hwy is a multi family located in Idyllwild, CA 92549 and is currently for sale. This multi family property offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 23285 Banning Idyllwild Panoramic Hwy was first listed on ArdentRealEstateGroup.com on June 10, 2024. The homeowner is currently asking $1,100,000. The median priced home in Idyllwild is $519,000 with a median price per square foot of $390. Based on Ardent Real Estate Group's Idyllwild Market Data, this home is listed 111.95% higher than the median priced home. Local competing homes currently for sale include 18264 Pine Ave, 4819 Tyler St and 8019 Alder Ave. While the average home in Idyllwild, CA is selling in 108 days, 23285 Banning Idyllwild Panoramic Hwy has a days on market of 96 days. There are currently 124 homes for sale in the Idyllwild real estate market and 124 of them are single family homes while 0 of them are condos and 0 are townhomes. For more information on this home for sale at 23285 Banning Idyllwild Panoramic Hwy Idyllwild, CA 92549 contact Ardent Real Estate Group and we will put you in touch with one of our Idyllwild agents.

Public Facts for 23285 Banning Idyllwild Panoramic Hwy

Public county record property details
Beds
--
Baths
--
Year built
1966
Sq. Ft.
--
Lot Size
6,534
Stories
2
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
4,7
APN
559-157-014

The source for these homes facts are from public records.

92549 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$519,000
Median List Price/Sq.Ft.
$390
Median Sold Price
$489,000
Median Sold Price/Sq.Ft.
$392
Total Inventory
121
Median Sale to List Price %
100%
Avg Days on Market
68
Loan Type
Conventional (55.56%), FHA (11.11%), VA (0%), Cash (33.33%), Other (0%)

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Idyllwild Agent
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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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