23382 Crest Forest Dr - Freestanding FOR SALE


Crestline, CA 92325
$419,000 USD
626-945-2509
23382 Crest Forest Dr, Crestline, CA for Sale
$419,000 USD
Freestanding - FOR SALE
1/79
null | Request Cap Rate

23382 Crest Forest Dr
Crestline, CA 92325


HIGHLIGHTS

  • Includes adjacent vacant parcel for expansion or future development opportunities.
  • Street-level retail space and multiple work/live configurations across three levels.
  • Existing month-to-month tenants provide immediate income streams.
  • Studio unit to be delivered vacant, offering instant potential for customization.
  • Rare on-site parking in a mountain community setting near Crestline Village and Lake Gregory.

OVERVIEW

Located in the scenic mountain community of Crestline, this mixed-use property at 23382 Crest Forest Drive combines commercial and residential versatility with incremental income potential. The offering includes the primary parcel featuring a structure of approximately 1,760 SF and an adjacent vacant lot of roughly 5,000 SF, creating significant flexibility for expansion, redevelopment, or additional parking. The building encompasses a street-level storefront currently leased on a month-to-month basis, well-suited for retail or creative commercial use, complemented by a private bathroom. An upper-level loft area with its own bath adds potential for office, residential, or live/work functionality. Below, the property includes an office space currently occupied on a month-to-month term and a separate studio unit with a private bath that will be delivered vacant—perfect for generating new tenancy or owner-user customization. Ample parking accompanies the property, a rare feature within the Crestline market, enhancing accessibility for visitors and occupants. Just minutes from Crestline Village and Lake Gregory, this location provides excellent proximity to local shops, dining, and recreational amenities. With stable income, expansion capability, and a prime mountain setting, this property represents a compelling opportunity for investors and owner-users alike.

FOR SALE DETAILS

PRICE

$419,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

CF/CG-SCP

APN/PARCEL ID

0338-072-31,0338-072-32

ASK ABOUT THIS PROPERTY

Raffy KrikorianGrandview RealtyMore Info
626-945-2509

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Raffy KrikorianGrandview RealtyMore Info
626-945-2509

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.