Trimark Realty
23663 Lake primary photo
Active·Multi-Family (Fourplex)

$1,395,000

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23663 Lake, Crestline CA 92325

San Bernardino CountyCrestline286 - Crestline AreaCrestline (CRES) Division
7 beds6 baths3,042 sqft

Multi-Family (Fourplex)

Property type

36 days

On market

$459

Price per sqft

1 car

Garage

1960

Year built

28,750 sqft

Lot size

Home highlights

High CeilingsFireplace

Open Houses

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Overview

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...

Listing provided by: Mary Golbakhsh DRE #01136003, Maryam Golbakhsh, Broker

Listing updated: May 3, 2026 at 09:47pm.

Last checked: Jun 5, 2026 at 03:30pm

Source: CRMLS #PW26093944

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
101$1,300$1,300$1,500Furnished
101$1,300$1,300$1,500Furnished
121$2,000$2,000$2,500Unfurnished
153$0$0$3,500Unfurnished
  • # of Buildings: 4

  • # of Units Total: 4

  • Separate Electric Meters: 1

  • Separate Gas Meters: 2

  • Separate Water Meters: 1

  • Rent Control: No

  • Units Leased: 3

Financial Snapshot

Gross Rent Multiplier

15.3x

List Price / Annual Gross Rent

Cap Rate

6.08%

NOI / List Price

  • Gross Scheduled Income: $91,200

  • Vacancy Allowance: $2,736

  • Vacancy Allowance Rate: 3%

  • Operating Expense: $3,600

  • Net Operating Income: $84,864

Annual Operating Expenses

  • Electric: $108

  • Fuel: $80

  • Insurance: $255

  • Trash: $190

  • Water / Sewer: $149

Interior

  • Interior Features: Ceiling Fans, Crown Molding, High Ceilings

  • Cooling: Electric

  • Heating: Fireplaces, Natural Gas

  • Fireplace: Gas, Living Room, Primary Bedroom, Wood Burning

  • Laundry: Inside

  • Entry Location: Front

Exterior

  • Property Attached: No

  • Stories Total: 2

  • Levels: One

  • Common Walls: No Common Walls

  • Lot Features: Twenty Six To Thirty Units Acre

  • Pool: None

  • Spa: None

  • Water Source: Public

  • Sewer: Public Sewer

  • Electric: Volts220 In Kitchen

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available, Water Connected

Garage and Parking

  • Garage Spaces: 1

  • Uncovered Spaces: 16

  • Parking Total: 17

Lot Information

  • Land Lease: No

  • Common Interest: None

  • Parcel #: 0338182290000

  • Additional Parcels: No

  • Tax Lot: 1226

  • Subdivision: Crestline (CRES)

Community

  • Senior Community: No

    • Community Features: Biking, Curbs, Fishing, Hiking, Hunting, Lake, Mountainous, Street Lights

    Nearby Schools

    Nearby schools around the 23663 Lake, Crestline, CA 92325. Contact the school or district directly to verify enrollment eligibility.

    Payment Calculator

    Total Principal

    $1,116,000

    Total Interest

    $1,423,396

    Total Payment

    $2,539,396

    Payoff Date

    Jun 2056

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    PMI is disabled automatically when your down payment is 20% or more.

    Est. Payment

    $8,657

    per month

    Principal
    $1,009
    Interest
    $6,045
    Property Tax
    $1,453
    Home Insurance
    $150
    PMI
    $0
    HOA
    $0

    Property History for 23663 Lake

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    Crestline Market Snapshot

    Market stats compare this property with recent MLS activity for similar property types in 92325.

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