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$899,000
Est. payment /mo
6 Beds
6 Baths
1,720 SqFt
UPDATED:
12/05/2024 05:07 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,720 sqft
Price per Sqft $522
MLS Listing ID 24436107
Bedrooms 6
HOA Y/N No
Year Built 1947
Lot Size 8,746 Sqft
Property Description
We are pleased to present the Jeffries Apartments a charming, bread and butter five (5) unit multifamily investment opportunity located in Prime Big Bear Lake just east of the intersection of Big Bear Blvd and Main St. Operating at 13.14 GRM and a 5.09% CAP rate, the property was built in 1947, consists of one (1) Two Bedroom Two Bath detached Single Family Residential and four (4) Studios, and is situated on a 8,745 SF lot. All the Studios have been rehabbed with updated flooring, kitchens, bathrooms, windows, and more. Further, there are a total of 6 parking spaces towards the rear of the property along with an on-site laundry room. Big Bear Lake is a year round destination for those living in Southern California as well as tourists alike. The town features a variety of dining and shopping options and recreational activities: skiing, snowboarding, fishing, hiking, mountain biking, etc. DRIVE BY ONLY. PLEASE DO NOT SET FOOT ON PROPERTY OR DISTURB TENANTS.
Location
State CA
County San Bernardino
Area 289 - Big Bear Area
Rooms
Other Rooms Shed(s)
Interior
Heating Fireplace(s), Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Laundry Common Area
Exterior
Parking Features Assigned
Total Parking Spaces 6
Building
Story 1
Entry Level One,Two
Level or Stories One, Two
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 0309048130000
Special Listing Condition Standard
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Listed by Jonathan Prakash • Equity Union