31961 Hilltop, Running Springs, CA 92382
- Added:
- Sep 27, 2025
- Days on Market:
- 258
- Last Refresh:
- Jun 11 at 9:06 am
Property Features for 31961 Hilltop
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 0295181560000
- Size
- 2,530 SF
Building Details
- Year built
- 2005
- Architectural style
- Other
Listing agent Steven Keefe License #01085197 (909) 744-7690
Listing office COLDWELL BANKER SKY RIDGE REALTY 27206 HWY 189, Lake Arrowhead, CA (909) 336-2131
Listing date Sep 27, 2025
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location at the intersection of Highways 18 and 330 in downtown Running Springs, offering exceptional visibility and high traffic.
- Versatile two‑story building with four distinct units suitable for retail, offices, or a combination.
- Total building size of nearly 2,100 sq ft plus multiple patios, balconies, and decks, enhancing the usable space.
- Strong potential for owner‑user, multi‑tenant investment, or redevelopment.
- Ample parking and easy access for clients and customers.
- Three restrooms (two upstairs, one downstairs).
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.6k | $21.60 |
| − Vacancy | −$2.8k | −$1.12 |
| EGI | $51.8k | $20.48 |
| − OpEx | −$15.5k | −$6.14 |
| NOI | $36.3k | $14.33 |
Alternative Uses
Current Use by Public Records
Map
- City
- Running Springs
- County
- San Bernardino
- State
- California
- Longitude
- -117.089
- Latitude
- 34.1964