29180 Lyon
Cedar Glen, CA 92321
Listing agent / office Brian L. Cohen, Arrowhead Premier Properties (909-336-2800).
For more information on this listing, contact us at: (805) 620-2084
Active
$1,400,000
29180 Lyon Cedar Glen, CA 92321
Apartment
Property Type
6,022
Sq. Ft.
1945
Year Built
San Bernardino
County
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.
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.
MLS #
IG26220636
Monthly HOA
N/A
On Site
1 Day
Last Updated
10/10/2026
Contact Agent
Briana Winton
(805) 620-2084Property Details
Community Information
Address
29180 Lyon, Cedar Glen, CA 92321
Area
Arrowhead Area
County
San Bernardino
City
Cedar Glen
Subdivision
Cedar Glen (Cedg)
Zip Code
92321
Architecture
Year Built
1945
Stories
3
Building Area
6022.0
Number of Buildings
2
Total Units
13
Stories Total
3
Unit 1
11 Units • 1 Bath • Unfurnished • $1,050 actual rent • $10,631 total rent • $12,831 pro forma
Unit 2
1 Unit • 1 Bed • 1 Bath • Unfurnished • $1,300 actual rent • $1,300 total rent • $1,550 pro forma
Unit 3
1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,900 actual rent • $1,900 total rent • $2,200 pro forma
Roof
Composition
Features / Amenities
Appliances
Gas Range
Laundry
Washer Hookup
Entry Level
1
Entry Location
1
Common Walls
2+ Common Walls
Parking Features
Asphalt, Driveway Level, Paved
Parking Total
15.0
Cooling
Zoned
Heating
Wall Furnace
Property Features
Lot Size
12,675 Sq. Ft. / 0.29 Acres
Lot Features
Paved
Sewer
SepticTypeUnknown
Water
Public
Directions
Hwy 173 to Hook Creek Rd, Right on Lyons
Tax and Financial Info
Gross Scheduled Income
$171,536
Net Operating Income
$78,818
Electric Expense
$13,822
Fuel Expense
$5,503
Insurance Expense
$8,645
Trash Expense
$7,321
Water/Sewer Expense
$4,771
Other Expense
$16,283
Operating Expense
$92,717
Terms
Cash, Cash to New Loan, Conventional, Owner Will Carry
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Based on information from California Regional Multiple Listing Service, Inc. as of October 10, 2026. 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. IDX provided by Sierra Interactive.The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
