Multifamily Investment in Big Bear
For Sale
$1,850,000
40241 Big Bear Boulevard, Big Bear Lake, CA 92315
Multifamily property with 13 units plus manager's unit.
Property Size5,526 SF
Lot Size0.50 Acres
Price / SF$334.78
Days on Market133
Property Features for 40241 Big Bear Boulevard
General Information
Standard status
Active
Size
5,526 SF
Lot size
0.50 Acres
Property subtype
General Commercial
Amenities
3
Listing Agency:
(818) 956-7001
Listed By:
Stevenson Real Estate Services
Source:
Xome
Added: Apr 24
Changed: Sep 3
Last Checked: Sep 2 at 9:17PM
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 Stevenson Real Estate Services
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
Current Use
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
Demographics for 92315, CA
5,148
Population
9,861
Households
0.5
Avg Household Size
51
Median Age
34%
College-Educated
92%
High-School Grad
29.4 sq mi
ZIP Area
175
Density / Sq Mi
$79,293
Median Household Income
$43,778
Median Earnings
$1,278
Median Rent
$538,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
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 Boulevard Big Bear Lake, CA.
What is the asking price?
The asking price for this property is $1,850,000.
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.
