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$1,400,000
Est. payment /mo
3 Beds
3 Baths
0.29 Acres Lot
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 Locations
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Jim & Jennie Real Estate Group
Broker/CEO License ID: 01879102
Broker/CEO License ID: 01879102