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Listed by Brian L. Cohen, DRE #02106052 • ARROWHEAD PREMIER PROPERTIES
$ 1,400,000
Est. payment /mo
New
29180 Lyon Cedar Glen, CA 92321
0.29 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIG26220636
Year Built 1945
Lot Size 0.291 Acres
Source California Regional MLS
Property Description
13-Unit Income Property - Investment Opportunity in Lake Arrowhead! Excellent opportunity to acquire a 13-unit multifamily income property conveniently located near Cedar Glen shopping and dining, and just minutes from Lake Arrowhead Village. Situated on two separate parcels, this property offers a good ROI. Features 11 studio apartments, one 1-bedroom unit, and one 2-bedroom unit, offering a diverse unit mix and attractive rental income potential. Some of the units have been updated with modern improvements, including luxury vinyl plank flooring, quartz countertops, fresh interior paint, and other upgrades. The property offers convenient, level parking and easy access to nearby shopping, restaurants, and recreational amenities. With established rental income and opportunities to further increase revenue through continued improvements and rental adjustments, this property presents an attractive investment opportunity in the desirable Lake Arrowhead mountain community. Rare opportunity to own a 13-unit income-producing property with upside potential! Contact the listing agent for additional information, including on rental income, operating expenses, and investment details.
Location
State CA
County San Bernardino
Area 287 - Arrowhead Area
Rooms
Kitchen Oven Range - Gas
Interior
Heating Wall Furnace
Cooling 9
Laundry 30
Exterior
Parking Features Other
Garage Spaces 15.0
Pool None
Roof Type Composition
Building
Lot Description Paved
Story Three or More Stories
Water District - Public
Others
Tax ID 0331126460000
Special Listing Condition Not Applicable
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