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40241 Big Bear, Big Bear Lake, CA, 92315
Multifamily Investment in Big Bear Lake

40241 Big Bear Big Bear Lake, CA 92315

For Sale
$1,800,000

Multifamily property with 13 units plus manager's unit.

Property Size5,526 SF
Lot Size0.50 Acres
Price / SF$325.73
Days on Market92

Property Features for 40241 Big Bear

General Information

Standard status
Active
Size
5,526 SF
Lot size
0.50 Acres
Property subtype
Investment

Building Details

Year Built
1960
Listing Agency: Coldwell Banker Dynasty Arcadia
Listed By: ANNA HUI JU LIAO · License #013782889
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 24 at 1:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Dynasty Arcadia


Investment Insights

Based on property information with market context.

Hillcrest Lodge is a multifamily investment property located in Big Bear Lake. The property is operated as long-term, month-to-month residential rentals and includes 13 rentable units, plus an on-site manager’s unit. These units are distributed across four separate buildings, featuring a mix of 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. Several units are fully detached, while a two-story building provides 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 year-round demand driven by winter skiing, summer lake activities, hiking, outdoor recreation, and seasonal events. Hillcrest Lodge is suited for multifamily investors, owner-operators, or 1031 exchange buyers seeking a diversified unit mix and long-term investment potential in a mountain resort market.

Key Highlights

  • Located in Big Bear Lake, a highly desirable Southern California mountain resort market.
  • 13 rentable units plus an on‑site manager's unit, offering immediate rental income.
  • Features a diversified unit mix including one‑bedroom, two‑bedroom, and studio units.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Plumbing Service Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service Big Box & Wholesale Store Home Appliance Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Multifamily property with 13 units plus manager's unit.
Where is this apartment building located?
The property is located at 40241 Big Bear Big Bear Lake, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Located in Big Bear Lake, a highly desirable Southern California mountain resort market.; **13 rentable units plus an on‑site manager's unit, offering immediate rental income.**; Features a diversified unit mix including one‑bedroom, two‑bedroom, and studio units.
More about this property
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