Big Bear Lake, CA 92315,40241 Big Bear
Big Bear Lake, CA 92315,40241 Big Bear
Big Bear Lake, CA 92315,40241 Big Bear
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$1,800,000
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0.5 Acres Lot
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40241 Big Bear Big Bear Lake, CA 92315

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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26011002

HOA Y/N No

Year Built 1960

Lot Size 0.497 Acres

Property Sub-Type Mixed Use

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 289 - Big Bear Area

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Mountainous

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 0307184110000

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Lease Land No


CRMLS – RECore
Listed by Henry Liu CBD Investment Inc. 626-688-2208

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40241 Big Bear