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411 Tetley Ln

Crestline CA 92325

3
2
9750 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Rare Multi-Unit Investment Opportunity in Crestline 405 & 411 Tetley Dr = 5 x 1 bedroom units Dont miss this unique chance to own two adjoining parcels in the heart of Crestline, offering five income-generating units to expand your investment portfolio or live in one while renting out the others. 405 Tetley Dr and 411 Tetley Dr are being sold together, as the off-street parking for 411 is located on the 405 parcel making them an inseparable and highly functional combo. The property includes five 1-bedroom, 1-bath units, with Unit 2 featuring an additional small den, perfect for a home office or guest space. Each unit has level parking and level entry, making access easy for all occupants a rare and desirable feature in mountain communities. There is no shared laundry currently on-site, but there may be potential to add this amenity and boost rental appeal. The layout of the parcels offers privacy between units, while still being conveniently located close to downtown Crestline and Lake Gregory. Whether you're looking to invest in long-term rentals or create a cozy retreat in the mountains with rental income potential, this versatile property is full of possibilities.

Features

3 bedrooms
2 bathrooms
9750 sq. ft. lot size
Multi-Family

Property history for 411 Tetley Ln

2020
Sold
Undisclosed
05 Mar 2020 by BRENT LEISTRA, of Lakeview Realty Enterprises, I
2015
Sold
$275,000
18 Sep 2015 by KIM VAN NESS, of LAKEVIEW REALTY ENTERPRISES
2015
Sold
$275,000
18 Sep 2015

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90%
90% of sellers in Crestline reported that their sale price either exceeded or met their price expectations.

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