Cedar Glen, CA 92321 29182 Lyon Drive
$1,750,000
64 more
Presented By: MANUEL MARQUEZ with Golden California; 951-295-8787
Beds • 14
Baths • 3
SQFT • 6,022
Year Built • 1945
Home Details
12 unit Investment opportunity that is nestled in mountains less than 5 minutes from the lake. The layout consist in 2 buildings, a House with 3 bedrooms and 2 baths that is fully rehabbed for a high-end personal vacation home or AIRBNB type rental. The other is an 11-unit building consisting cozy studios with 1 bathroom.
Presented By: MANUEL MARQUEZ with Golden California; 951-295-8787
Interior Features for 29182 Lyon Drive
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesSeeRemarks
Total Stories2
Other Rooms
Entry Level1
General for 29182 Lyon Drive
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate7.5
Carport Y/NNo
CityCedar Glen
Community FeaturesMountainous, Rural
ContingencyN/A
CoolingCentralAir
CountySan Bernardino
DirectionsOn Hook Creek Rd and Lyon St.
Electric Expense6679.0
Electric On Property Y/NNo
Entry LocationFront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income168948.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense4500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan, Conventional, OwnerWillCarry, Submit
Lot Size Square Feet12675.0
Lot Size UnitsSquareFeet
MLS Area287 - Arrowhead Area
MaintenanceExpense4800.0
MobileHomeRemainsYNNo
Net Operating Income131328.0
New ConstructionNo
Number Of Units Total12
Operating Expense29172.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerSepticTank
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameCedar Glen (CEDG)
Tax Lot33
Trash Expense7261.0
UtilitiesNaturalGasConnected
ViewMountains
Water Sewer Expense2932.0
Waterfront Y/NNo
Year Built1945
Year Built SourcePublicRecords
ZoningLA/RS-14M
Exterior for 29182 Lyon Drive
Building Area Total6022.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.291
Lot Size Area12675.0
Lot Size SourceSeeRemarks
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
Price
$1,750,000
MLS#IV25081248
List Date
04/13/2025
Property Type
Multi-Family
Phone
(310) 963-5595
