Cedar Glen homes
For sale22 days on market
$1,400,000

29180 Lyon, Cedar Glen, CA 92321

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Beds
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Baths
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Sq ft

About this home

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.

Type
Apartment
Year built
1945
Lot
12,675 sq ft
Garage
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HOA
None
Pool
No
View
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Solar
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Estimated payment
$8,829/mo
  • Principal & interest$7,079
  • Property tax (est.)$1,342
  • Home insurance (est.)$408

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Brian L. Cohen, ARROWHEAD PREMIER PROPERTIES, 909-336-2800. MLS# IG26220636. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 7:26 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.

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