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23663 Lake

Crestline, CA 92325
  • $1,395,000
  • STATUS: Active
  • ON SITE: 10 Days
  • ID#: PW26093944
UPDATED: 53 min ago
$1,395,000
  • 0
    BEDS
  • 0.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Listing Agent(s): Mary Golbakhsh of Maryam Golbakhsh, Broker (562-858-2469)


Description

Fully assumable loan $665,000.00 on this property at 2.8% with approximately 4200.00 payment including tax and insurance makes this a Great property for live in or investor and developer. Great property for live in or investor and developer. RARE Fully RENOVATED 4-Plex. Property is a combination of 3 parcel lot. GREAT Potential for a Homeowner. Potential cash flow or HAVE THE TENANTS PAY YOUR MORTGAGE and live for FREE. 2 buildings with Unit Mix of 1 Front Unit Bldg - 2bd 1bath and 1 - 5bed, 2.5 bath main unit and 2 - Studio Units w/ ¾ bath each, Property has tons of upgrades - New plumbing, upgraded electrical, concrete siding exterior, laminate flooring, new island kitchen w/ pantry, 6" baseboards throughout, new dual pane windows, gorgeous sweep staircases, large slate tile front porch, 700+sf deck, huge 24k+ sf LOT with more than 6k sf of landscape pavers… This is just a gorgeous property. Shaded by mature trees, large open deck (700+sf), gas BBQs, open living room w/ picture windows, granite island countertop kitchen, new tile baths, stainless steel appliances, High vaulted ceilings and laundry room too..... and enough space to park MORE THAN 10 cars on level areas. This is a rare gem for mountain properties....Mostly usable lot, easy access to the property, right on Lake Drive which makes it easy to rent and very close to the lake, if that is not enough property has a potential of adding 2 other units on the vacant lot and also two new ADU (please check with city for more detail information)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-11T16:34:57.393. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175976490
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23663 Lake Crestline, CA 92325

  • Price: $1,395,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 53 min ago
  • ID#: PW26093944
0
Beds
0
Baths
0
½ Baths
0.66
Acres
1960
Built
Neighborhood:
Crestline (Cres)
County:
San Bernardino
Area:
286 - Crestline Area
Property Description
Fully assumable loan $665,000.00 on this property at 2.8% with approximately 4200.00 payment including tax and insurance makes this a Great property for live in or investor and developer. Great property for live in or investor and developer. RARE Fully RENOVATED 4-Plex. Property is a combination of 3 parcel lot. GREAT Potential for a Homeowner. Potential cash flow or HAVE THE TENANTS PAY YOUR MORTGAGE and live for FREE. 2 buildings with Unit Mix of 1 Front Unit Bldg - 2bd 1bath and 1 - 5bed, 2.5 bath main unit and 2 - Studio Units w/ ¾ bath each, Property has tons of upgrades - New plumbing, upgraded electrical, concrete siding exterior, laminate flooring, new island kitchen w/ pantry, 6" baseboards throughout, new dual pane windows, gorgeous sweep staircases, large slate tile front porch, 700+sf deck, huge 24k+ sf LOT with more than 6k sf of landscape pavers… This is just a gorgeous property. Shaded by mature trees, large open deck (700+sf), gas BBQs, open living room w/ picture windows, granite island countertop kitchen, new tile baths, stainless steel appliances, High vaulted ceilings and laundry room too..... and enough space to park MORE THAN 10 cars on level areas. This is a rare gem for mountain properties....Mostly usable lot, easy access to the property, right on Lake Drive which makes it easy to rent and very close to the lake, if that is not enough property has a potential of adding 2 other units on the vacant lot and also two new ADU (please check with city for more detail information)
Exterior Features

Entry Level 1 Entry Location Front Lot Features 26-30 Units/Acre Number Of Separate Electric Meters 1 Open Parking Spaces 16 Parking Total 17 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No

Interior Features

Common Walls No Common Walls Cooling Electric Cooling YN Yes Fireplace Features GasLiving RoomPrimary BedroomWood Burning Fireplace YN Yes Heating Fireplace(s)Natural Gas Heating YN Yes Interior Features Ceiling Fan(s)Crown MoldingHigh Ceilings

Property Features

Additional Parcels YN No Common Interest None Community Features BikingCurbsFishingHikingHuntingLakeMountainousStreet Lights Contingency offers must be submitted with proof of funds and prequalification letter Current Financing AssumableVA Electric 220 Volts in Kitchen Electric Expense 108 Fuel Expense 80 Garage YN Yes Gross Income 91200 Gross Scheduled Income 91200 Insurance Expense 254.83 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanConventional1031 ExchangeFHASubmitVA Loan Net Operating Income 84864 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 3600 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 190 Utilities Cable AvailableElectricity AvailableNatural Gas AvailableWater AvailableWater Connected Vacancy Allowance 2736 Vacancy Allowance Rate 3 Water Sewer Expense 149 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-11T16:34:57.393. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
street
Hemet CA, 92545
Listing Agent(s): Mary Golbakhsh of Maryam Golbakhsh, Broker (562-858-2469)