Multifamily Investment in Big Bear Lake

40241 Big Bear, Big Bear Lake, CA 92315

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For Sale

$1,800,000

Multifamily property with 13 units plus manager's unit.

Type:Investment

Property size:

5,526 SF

Lot size:

0.50 Acres

Price / SF:

$325/SF

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.
Unique blend of independent cabin‑style units and apartment‑style layouts across four buildings.
Benefits from strong year‑round demand driven by diverse recreational activities.
Suited for multifamily investors, owner‑operators, or 1031 exchange buyers.

We can help!

Listing Contact

ANNA HUI JU LIAO

Learn more

For Sale

$1,800,000

Multifamily property with 13 units plus manager's unit.

Type:Investment

Property size:

5,526 SF

Lot size:

0.50 Acres

Price / SF:

$325/SF

Added:: Apr 24, 2026
Days on Market:: 47
Last Refresh:: Apr 24 at 5:43 pm

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

We can help!

Listing Contact

ANNA HUI JU LIAO

Listing agent ANNA HUI JU LIAO License #01378289

Listing office CBD Investment Inc.

Listing date Apr 24, 2026

Source Elliman

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 CBD Investment Inc.

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.
Unique blend of independent cabin‑style units and apartment‑style layouts across four buildings.
Benefits from strong year‑round demand driven by diverse recreational activities.
Suited for multifamily investors, owner‑operators, or 1031 exchange buyers.

Overview

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.

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Local Demand

City: Big Bear Lake
County: San Bernardino
State: California
Longitude: -116.924707
Latitude: 34.2389228

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For sale
Apartment buildings
CA
Big Bear Lake
92315
40241 Big Bear

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.