29182 Lyon Drive, Lake Arrowhead, CA 92321

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Property Description

Fully-repositioned, rehabbed and stabilized 12-unit investment opportunity that is nestled in mountains less than 5-minutes from the Lake. The layout consist of 2-Buildings, a House with 3 Bedrooms and 2.5 Bath 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. The Units are leases to long term tenants, but can also be used as Short-Term Vacation rentals, there is no other types of properties like this that allow Short-Term Rentals, this is an Allowed Non-Conforming USE that makes this a true Treasure. This is a great fit for your 1031 Exchange situation for anyone who wants to upgrade in Asset Class, with low CAPEX

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Courtesy of Golden California, MANUEL MARQUEZ.