29180 Lyon , Cedar Glen, CA 92321
$1,400,000
Est. Payment: $7,264.30/mo
3 Bed
3 Bath
6022 Sqft
0.29 Acres
Status: pending | Days on site: 23
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House 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.

Highlights

Listed by Brian L. Cohen , 909-336-2800 ARROWHEAD PREMIER PROPERTIES , 909-336-2075. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.29

Year Built

1945

County

San Bernardino

Area

287 - Arrowhead Area

Neighborhood

Cedar Glen (CEDG)

Listing ID

IG26220636

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
Appliances:Gas Range
Air Cond:Zoned
Fireplaces:See Remarks
Water:Public

Exterior Features

Lot:Paved,No Land Lease
Garage Capacity:15
Roof:Composition
Others:
  • ▪ Additional:2+ Total Units
Sewer:Septic Type Unknown
Parking Features:Asphalt,Driveway Level,Paved
Principal Interest
$7,264
Taxes
$893

Home Price

$1,400,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$280,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,264.30

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,264.30 $892.50 $0.00 $8,156.80
Yearly $87,171.58 $10,710.00 $0.00 $97,881.58
Total $2,615,147.53 $321,300.00 $0.00 $2,936,447.53

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Cedar Glen, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T23:34:32.000Z

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