$1,395,000

23663 Lake Dr Crestline, CA 92325

Estimated payment $7,599/month

Total Views 901
7 Beds
6 Baths
3,042 Sq Ft
$459 Price per Sq Ft

Highlights

  • Popular Property
  • 0.66 Acre Lot
  • Fireplace in Primary Bedroom
  • Fishing
  • Community Lake
  • High Ceiling

About This Home

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/ 3⁄4 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)

Listing Agent

Maryam Golbakhsh

Maryam Golbakhsh, Broker Brokerage Phone: 562-858-2469 License #01136003 Listed on: 04/30/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 28,750 Sq Ft Lot
  • No Common Walls
  • Density is 26-30 Units/Acre

Parking

  • 16 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,042 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1226
  • Tax Tract Number 1988
  • Assessor Parcel Number 0338182290000
  • $2,116 per year additional tax assessments

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Crestline Subdivision
  • Community Lake
  • Mountainous Community

Recreation

  • Fishing
  • Hunting
  • Hiking Trails
  • Bike Trail

Building Details

  • 3 Leased Units
  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $108
  • Fuel Expense $80
  • Insurance Expense $255
  • Trash Expense $190
  • Water Sewer Expense $149
  • Operating Expense $782
  • Gross Income $91,200
  • Net Operating Income $84,864

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.66 Acres

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Crestline (CRES)
  • Water Sewer Expenses: 149.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0338182290000
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Crown Molding, High Ceilings, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Gas, Primary Bedroom, Wood Burning, Primary Retreat, Living Room
  • Levels: One
  • Price Per Square Foot: 458.58

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 17.00
  • Uncovered Spaces: 16.00

Utilities

  • Utilities: Water Available, Natural Gas Available, Cable Available, Electricity Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Kitchen
  • Heating Type: Fireplace(s), Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 190.00
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Biking, Hiking, Fishing, Mountainous, Lake, Street Lights, Hunting

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 26-30 Units/Acre
  • Lot Size Sq Ft: 28750.00
  • Lot Size Acres: 0.6600

Multi Family

  • Average2 Bed Area: 630 Square Feet
  • Average3 Bed Area: 1900 Square Feet
  • Average Studio Area: 250 Square Feet
  • Electric Expense: 108.00
  • Fuel Expense: 80.00
  • Gross Income: 91200.00
  • Gross Operating Income: 55200.00
  • Gross Scheduled Income: 91200.00
  • Insurance Expense: 254.83
  • Lot Size Area: 28750.0000 Square Feet
  • Net Operating Income: 84864.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 3600.00
  • Rent Control: No
  • Total Expenses: 781.83
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 1226
  • Tax Tract Number: 1988
  • TaxOtherAnnualAssessmentAmount: 2116.00

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $421 $11,906 $11,906 --
2024 $379 $11,673 $11,673 --
2023 $372 $11,444 $11,444 $0
2022 $396 $11,220 $11,220 $0
2021 $389 $10,936 $10,936 $0
2020 $384 $10,824 $10,824 $0
2019 $381 $10,612 $10,612 $0
2018 $241 $10,404 $10,404 $0
2017 $238 $10,200 $10,200 $0
2016 $234 $10,000 $10,000 $0
2015 $159 $6,085 $6,085 $0
2014 $157 $5,966 $5,966 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2026 04/30/26 For Sale $1,395,000 0.0% $459 / Sq Ft
10/17/2024 10/17/24 Rented $1,200 0.0% --
08/06/2024 08/06/24 Price Changed $1,200 -7.7% $2 / Sq Ft
06/24/2024 06/24/24 For Rent $1,300 0.0% --
04/13/2021 04/13/21 Sold $735,000 +5.2% $242 / Sq Ft View Prior Sale
02/27/2021 02/27/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $699,000 0.0% $230 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $699,000 +212.1% $230 / Sq Ft
07/24/2015 07/24/15 Sold $224,000 -0.4% -- View Prior Sale
07/24/2015 07/24/15 Sold $225,000 -25.0% $74 / Sq Ft View Prior Sale
05/06/2015 05/06/15 Pending -- -- --
05/06/2015 05/06/15 Pending -- -- --
04/30/2015 04/30/15 Price Changed $299,888 -10.7% $99 / Sq Ft
01/01/2015 01/01/15 For Sale $335,800 +12.0% $110 / Sq Ft
09/04/2014 09/04/14 For Sale $299,888 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Gift Deed -- California Best Title
Grant Deed $735,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Grant Deed $225,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $751,905 VA
Previous Owner $168,750 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26093944

California Regional Multiple Listing Service (CRMLS)

APN: 0338-182-29

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