Properties

Big Bear Lake, CA 92315 40241 Big Bear

40241 Big Bear Big Bear Lake, CA - Image 140241 Big Bear Big Bear Lake, CA - Image 240241 Big Bear Big Bear Lake, CA - Image 3
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Presented By: Henry Liu with CBD Investment Inc.; 626-688-2208
  • MLS# AR26011002
  • 01/15/2026
  • Get pre-approved
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  • SQFT • 5,526

Home Details

Hillcrest Lodge is a well-located multifamily investment property in the heart of Big Bear Lake, one of Southern Californiaโ€™s most established and supply-constrained mountain resort markets. The property is currently operated as long-term, month-to-month residential rentals and consists of 13 rentable units plus an on-site managerโ€™s unit, distributed across four separate buildings featuring a unique blend of independent 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, allowing flexibility to serve a broad and diverse tenant base. Several units are fully detached, offering enhanced privacy and livability, while a two-story building provides efficient 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 strong year-round demand driven by winter skiing, summer lake activities, hiking, outdoor recreation, and seasonal events, attracting visitors and residents from the Greater Los Angeles region. Limited land availability and development constraints further support long-term value appreciation and stability. Hillcrest Lodge is well-suited for multifamily investors, owner-operators, or 1031 exchange buyers seeking a diversified unit mix and long-term investment potential in a premier mountain resort market.Buyer to verify all information related to the listing and do their own due diligence
Presented By: Henry Liu with CBD Investment Inc.; 626-688-2208

Interior Features for 40241 Big Bear

Other Interior Features

Common WallsNo Common Walls
Laundry FeaturesNone
Total Stories2

Other Rooms

Entry Level1

General for 40241 Big Bear

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityBig Bear Lake
Community FeaturesMountainous
CountySan Bernardino
DirectionsBig Bear Blvd
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income186240
Insurance Expense
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Cash to New Loan
Lot Size Square Feet21636
Lot Size UnitsSquare Feet
MLS Area289 - Big Bear Area
Net Operating Income121056
New ConstructionNo
Number Of Units Total13
Operating Expense65184
Pool FeaturesNone
PostalCityBIG BEAR LAKE
Property Attached Y/NNo
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot1
Tenant PaysNone
Trash Expense0
Water Sewer Expense0
Year Built1960
Year Built SourceAssessor

Exterior for 40241 Big Bear

Building Area Total5526
Lot Features11-15 Units/Acre
Lot Size Acres0.4967
Lot Size Area21636
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Private PoolNo
Total Parking0
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,800,000
MLS#AR26011002
List Date 01/15/2026
Property Type Multi-Family
Phone 888.795.6274
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