31961 Hilltop, Running Springs, CA 92382
SINGLE_FAMILY - Running Springs, CA
- Added:
- Sep 26, 2025
- Days on Market:
- 280
- Last Refresh:
- Jul 2 at 8:06 am
Property Features for 31961 Hilltop
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 0295181560000
Building Details
- Year built
- 2005
Listing agent Steven Keefe License #01085197 (909) 336-2131
Listing office COLDWELL BANKER SKY RIDGE REALTY 27206 HWY 189, Lake Arrowhead, CA (909) 336-2131
Listing date Sep 26, 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
- Two‑story commercial building built in 2005 at the corner of Highway 18 and Highway 330 in downtown Running Springs
- Four distinct units with flexible multi‑use layout for retail shops and/or professional offices
- Nearly 2,100 sq ft total interior space plus patios, balconies, and decks (including an upper‑story deck with open downtown views)
- Unit sizes: 581 sq ft, 456 sq ft, 600 sq ft interior plus 182 sq ft rear patio and 116 sq ft front balcony, and 451 sq ft interior plus 182 sq ft rear patio
- Restrooms include two half baths upstairs and one half bath downstairs for customer and employee convenience
- Ample parking with easy access for clients and customers
Overview
Located in downtown Running Springs at the intersection of Highway 18 and Highway 330, the building is positioned for visibility to both local activity and year-round visitors traveling to destinations in the Big Bear and Lake Arrowhead areas. The property also includes ample parking and a large upper-story deck with open views of downtown Running Springs.
With four distinct units, the building can support a multi-tenant retail and service mix or provide an owner-user option where space can be configured for a combination of storefront and professional office use. Its multi-unit structure and outdoor amenities make it a practical fit for operators looking for a downtown presence with flexible tenancy layouts.
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 | $45.4k | $21.60 |
| − Vacancy | −$2.4k | −$1.12 |
| EGI | $43.0k | $20.48 |
| − OpEx | −$12.9k | −$6.14 |
| NOI | $30.1k | $14.33 |
Alternative Uses
Current Use by Public Records
Map
- City
- Running Springs
- County
- San Bernardino
- State
- California
- Longitude
- -117.089
- Latitude
- 34.1964
