711 Forest Shade Rd, Crestline, CA 92325
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711 Forest Shade Rd Crestline, CA 92325

$831,000
  • 11 Beds
  • 7 Baths
  • 3,486 Sq.Ft.
For Sale
$831,000 Get Pre-Qualified

Map preview of 711 Forest Shade Rd, Crestline, CA 92325

Property Overview: 711 Forest Shade Rd Crestline, CA has 11 bedrooms, 7 bathrooms, 3,486 living square feet and 13,800 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: 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!

Listed by PAUL MARMORSTEIN | BRE #02089181 | CAPRE
Co-listed by VANESSA VEGA-AVENDANO | BRE #02227468 | CAPRE
Last checked: 14 minutes ago | Last updated: May 7th, 2024 | Source CRMLS | DOM: 303
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Home details

Lot Sq. Ft
13,800
HOA Dues
$0/mo
Year built
1933
Garage
--
Property Type:
Cabin
Status
Active
MLS#
EV23137593
City
Crestline
County
San Bernardino
Time on Site
306 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 6
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $13,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $10,200
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $3,300
  • Pro Forma/Market Rent: $39,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $13,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $77,100
  • Net Operating Income: $72,000
  • Gross Operating Income: --
  • Laundry Income: $2,400
Annual Expense Breakdown
  • Total Operating Expense: $9,000
  • Electric: $500
  • Gas/Fuel: $0
  • Trash: $3,600
  • Gardener: $1,200
  • Insurance: $1,500
  • Professional Management: $0
  • Water/Sewer: $2,200

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Property Details for 711 Forest Shade Rd

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Individual Room, Outside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Refrigerator
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Trees/Woods
  • Common Walls: No Common Walls
  • Total # of Units: 6
  • Parcel Number: 0338283140000
  • Year Built Source: Assessor
  • Entry Level: 6
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Crestline (CRES)
  • Directions: From HWY18- Lake Gregory, L Tyrol, Merge R Tyrol, R Forest Shade. South of Pioneer Camp Rd, East of Rocky Loop, West of Tyrol Dr, North of Alpine Dr
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, BLM/National Forest, Dog Park, Fishing, Hiking, Lake, Park, Watersports
View more facts & features

Local Crestline Agent

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Sale History for 711 Forest Shade Rd

Last sold for $850,000 on January 27th, 2023
  • July, 2023

  • Jul 31, 2023

    Date

    Active

    CRMLS: EV23137593

    $950,000

    Price

  • January, 2023

  • Jan 27, 2023

    Date

    Sold

    CRMLS: CV22228774

    $850,000

    Price

  • Nov 1, 2022

    Date

    Active

    CRMLS: CV22228774

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Crestline! Invest in a property that contains 6 rental cabins. Two units are 2 bedrooms and 1 bathroom, 4 units are 1 bedroom and 1 bathroom. Each unit has its own parking area. Enjoy being within walking distance of Lake Gregory, as well as Lake Drive entertainment and shopping! All offers are welcome!

  • July, 2022

  • Jul 29, 2022

    Date

    Expired

    CRMLS: RW240873

    $412,848

    Price

  • Mar 4, 2005

    Date

    Active

    CRMLS: RW240873

    $412,848

    Price

  • Listing provided courtesy of CRMLS

    Great Investment Property. Six Units On Three Lots. Recently Refurbished. Call Listing Agent For Details.

  • June, 2006

  • Jun 12, 2006

    Date

    Sold (Public Records)

    Public Records

    $520,000

    Price

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Tax History for 711 Forest Shade Rd

Assessed Value (2020): $649,777
Year Land Value Improved Value Assessed Value
2020 $131,206 $518,571 $649,777

Home Value Compared to the Market

This property vs the competition

711 Forest Shade Rd is listed 95.53% higher than the median list price for the city of Crestline which has a median list price of $425,000. The median price per/sqft for Crestline is $299 and this home is listed at $238.38 per/sqft which puts the price per square foot 20.27% lower than the median price per square foot for the city of Crestline.

About 711 Forest Shade Rd

Detailed summary of property

711 Forest Shade Rd is a cabin located in Crestline, CA 92325 and is currently for sale. This cabin offers 11 bedrooms, 7 bathrooms, roughly 3,486 living square feet, and sits on an approximately 13,800 square foot lot. 711 Forest Shade Rd was first listed on ArdentRealEstateGroup.com on July 31, 2023. The homeowner is currently asking $831,000 and was originally asking $950,000. The median priced home in Crestline is $425,000 with a median price per square foot of $299. Based on Ardent Real Estate Group's Crestline Market Data, this home is listed 95.53% higher than the median priced home. Local competing homes currently for sale include 3520 Parkside Dr, 6626 Blue Sky Court and 3549 Litras Dr. While the average home in Crestline, CA is selling in 79 days, 711 Forest Shade Rd has a days on market of 303 days. There are currently 151 homes for sale in the Crestline real estate market and 151 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 711 Forest Shade Rd Crestline, CA 92325 contact Ardent Real Estate Group and we will put you in touch with one of our Crestline agents.

Public Facts for 711 Forest Shade Rd

Public county record property details
Beds
2
Baths
1
Year built
1933
Sq. Ft.
581
Lot Size
13,800
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0338-283-14-0000

The source for these homes facts are from public records.

92325 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$425,000
Median List Price/Sq.Ft.
$297
Median Sold Price
$382,000
Median Sold Price/Sq.Ft.
$296
Total Inventory
152
Median Sale to List Price %
100.53%
Avg Days on Market
48
Loan Type
Conventional (45.45%), FHA (9.09%), VA (0%), Cash (31.82%), Other (13.64%)

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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.