$1,130,000
$1,100,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
0.38 Acres Lot
SOLD DATE : 05/13/2022
Key Details
Sold Price $1,130,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID EV22044137
Sold Date 05/13/22
HOA Y/N No
Year Built 1924
Lot Size 0.376 Acres
Property Description
This amazing investment opportunity is located in the center of Big Bear lake, under a 5 minutes drive to the lake, Village, and Mountain resorts. There are currently 5 units on its 0.38 acre. 4 detached studios and one 2 bedroom/1 Bath... 4 of the units are fully renovated and move in ready. Unit 3 is currently being rented out as a short term rental Grossing $48,000 in 2021. The projected rents for the studio homes are $1,300 a month and $2,100 a month for the 2 bedroom/1 bath cabin once renovated. Don't miss your opportunity to invest in one of the fastest growing towns in Southern California!! Please do not disturb tenets.
Location
State CA
County San Bernardino
Area 699 - Not Defined
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Roof Type Composition
Building
Lot Description Street Level
Story 1
Water Public
Others
Tax ID 0309034360000
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Martin Agnew • NONMEMBER MRML
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Broker Associate | Lic# 00870450