ActiveResidential · sale

1055 Playground

Crestline, CA 92325

$650,000

  • 0.3 acres
  • Built 1959

Listed by Summit2sea Realty Inc. · MLS #IV26019802

1055 Playground, Crestline, CA 92325 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1959.

Garage parking

2 garage spaces listed.

Property size

0.3 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

136k Price Reduction Single Family Home Built in 1959 plus 2 studios exist that have been recently renovated and improved Renovations include a new 80k 2025 insulated 50 year roof on the main house New 2024 Septic systemFeatures includeKnotty Cedar interior walls and ceilingsCobble Stone front curb appealOff street parking for up to 9 carsOversized 2car garage wworkshop ample room for several cars to park on the garage driveway and one car will fit inside the garage 13 acre lot with 4 separate fenced yardsNew 8x16 Hen House ShedNew 10x20 Workshop ShedNew 10x10 Wood Storage ShedThe house plus the 2 studios arePer seller The main house is approx 1358 sq ft including a cat room and a garden room 1 largebedroom 1 large bathroom with a double sink and it is spacious with a tiled walkin shower Plus a mud room largecountry kitchen with knotty Cedar walls and ceiling 36 stainless steel stove dishwasher washer and dryer Large livingroom with vaulted ceiling and floor to ceiling rock fireplace with woodburning stove insert Centralheating and air conditioning ceiling fans the gas line wall heaters still work when the electric power goes outDetached behind the main house is the left side guest room of approximately 300 sq ft Designed for handicapped access starting with a wheelchair ramp from the upper driveway to the entry door This studio has a full size murphy bed that disappears into a wooden cabinet during the day so that the bedroom becomes a living room Small bathroom with a walkin tiled shower New kitchenadded in 2024 has a Ushaped kitchen counter full size refrigerator full size stack washer and dryerShares central heating and air conditioning with the main house Level 2 of the garage is a 500 sq ft guest studio Completely remodeled in 2023 Large bathroom with tiled walkin shower with handicap bars and a handicap toilet A large breakfast bar divides the kitchen from the living area Full sized refrigerator washer anddryer Studio size gas stove Big windows on 3 walls Front door opens to a lovely brick patio Gaswall heater minisplit heat pump for heating and cooling Freestanding woodburning stove in kitchen All 3 units have level entries with one level bedrooms and living space Excellent for extended family or multigenerational homestead or income property The Soaring Society Launching pad is uphill on this same street
Explore the locationMore properties in Crestline

THE NEIGHBORHOOD

Explore the location.

1055 Playground, Crestline, CA 92325

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THE DETAILS

The details, all in one place.

Property type
ResidentialIncome
Category
Residential
Year built
1959
Garage spaces
2
Cooling
Dual
Heating
Central,Fireplaces
Appliances
Dishwasher,GasCooktop,GasOven,GasRange,GasWaterHeater
Utilities
ElectricityConnected,NaturalGasConnected,SewerNotAvailable,WaterConnected
Fencing
ChainLink
Pool
No
Pool features
None
Subdivision
Cedar Pines Park (CEPP)
Parcel
0344092500000
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$2,708.33
Cap rate—

Annual operating income: —

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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1055 Playground, Crestline, CA 92325 · MLS #IV26019802

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Listing information

MLS #IV26019802 · California Regional MLS

Listing brokerage: Summit2sea Realty Inc.
Listing agent: RAQUEL COMSTOCK

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.