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Nicole Hazelton-Meacham

[email protected] +1(619) 206-1892

$1,400,000

Est. payment - /mo

3 Beds

3 Baths

0.29 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID IG26220636

Bedrooms 3

Lot Size 0.291 Acres

Property Sub-Type Res Income 2-4 Units

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

Zoning Assessor

Direction Hwy 173 to Hook Creek Rd, Right on Lyons

Interior

Cooling Zoned Area(s)

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 0331126460000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Brian L. Cohen, DRE#02106052 ARROWHEAD PREMIER PROPERTIES

Nearby School & Business

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Nicole Hazelton-Meacham

+1(619) 206-1892

Broker Associate License ID: 01819363

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29180 Lyon Cedar Glen, CA 92321

Nicole Hazelton-Meacham

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information