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29180 Lyon, Cedar Glen, CA 92321

$1.4M0ba · 6,022 sqft
Lot 12,675 sqft•Apartment•
Active
•23d on market•MLS# IG-26220636

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.

Features & Amenities

FeeBuilt 1945

Property Details

Land Type
Fee
Year Built
1945
Property Type
Residential Income
Property Subtype
Apartment
Parking Spaces
15
Garage Spaces
0
Heating
Wall Furnace
Roof
Composition
City
Cedar Glen
Zip Code
92321
County
San Bernardino
Listed byARROWHEAD PREMIER PROPERTIES, Brian L. Cohen

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,079.16
Principal & Interest
Loan Amount
$1,120,000
Total Interest
$1,428,498
Total Payment Over 30 Years
$2,548,498
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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