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Listed by Henry Liu • CBD Investment Inc.
$ 1,800,000
Est. payment /mo
Active
40241 Big Bear Big Bear Lake, CA 92315
5,526 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 5,526 sqft
Price per Sqft $325
MLS Listing ID AR-26011002
Year Built 1960
Lot Size 0.497 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Hillcrest Lodge is a well-located multifamily investment property in the heart of Big Bear Lake, one of Southern California's most established and supply-constrained mountain resort markets. The property is currently operated as long-term, month-to-month residential rentals and consists of 13 rentable units plus an on-site manager's unit, distributed across four separate buildings featuring a unique blend of independent cabin-style units and apartment-style layouts. The unit mix includes one-bedroom units with kitchens, two-bedroom units with kitchens, and studio units with and without kitchens, allowing flexibility to serve a broad and diverse tenant base. Several units are fully detached, offering enhanced privacy and livability, while a two-story building provides efficient apartment-style configurations. Originally built in 1960, the property sits on an approximately 21,636 square foot lot with a total building area of approximately 5,526 square feet. Big Bear Lake benefits from strong year-round demand driven by winter skiing, summer lake activities, hiking, outdoor recreation, and seasonal events, attracting visitors and residents from the Greater Los Angeles region. Limited land availability and development constraints further support long-term value appreciation and stability. Hillcrest Lodge is well-suited for multifamily investors, owner-operators, or 1031 exchange buyers seeking a diversified unit mix and long-term investment potential in a premier mountain resort market.Buyer to verify all information related to the listing and do their own due diligence .....
Location
State CA
County San Bernardino
Area Big Bear Area
Interior
Laundry None
Exterior
Pool None
Community Features Mountainous
Building
Lot Description Lot 20000-39999 Sqft, 11-15 Units/Acre
Sewer Public Sewer