572 Jeffries St - Apartments FOR SALE
Big Bear Lake, CA 92315 |
$900,000 USD
818-212-2776
572 Jeffries St
Big Bear Lake, CA 92315
HIGHLIGHTS
- Beautiful, Long or Short-Term Rental Property with "Lodge Designation" in the Heart of Big Bear Lake
- Upside in Rental Rates - with Long Term Tenants on Below Market, M-T-M Leases
- According to Local R3 Zoning: By-Right Additional Units can be Developed on the Parcel
- Property can be Purchased Individually or with the Adjacent 560 Jeffries Street Parcel (link to 560 Jeffries listing below)
- Walking Distance to Big Bear Lake and Marina, Retail and Restaurant Amenities. Less than One Mile to The Village Shops & 5 Min. Drive to Snow Summit
OVERVIEW
PRICE REDUCED!
Multifamily Investment or Owner-User Opportunity.
Two, 2+1 Homes and 1 Large Detached Workshop - Total of 3,172 SF
Homes Separately Metered for Gas & Electric
Falls under the "Lodge Designation" which exempts the Property from the very restrictive local Short-Term-Rental Ordinance Regulations which only allows one STR per legal parcel
FOR SALE DETAILS
PRICE
$900,000 USD
PRICE/SF
$284 USD /SF
# OF UNITS
2
PRICE/UNIT
$450,000
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bear Mountain Hideaway
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1934
PARKING SPACES
5
LAND DETAILS
LAND ACRES
0.57 AC
LAND SF
24,829 SF
ZONING
-
APN/PARCEL ID
0309-131-18
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818-212-2776
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818-212-2776
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