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Big Bear Lake,CA 92315
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,394 sqft
Price per Sqft $502
MLS Listing ID AR24203197
Bedrooms 4
Full Baths 2
Year Built 1949
Lot Size 6,403 Sqft
Property Description
Discover a fantastic investment opportunity with this two-unit property, perfect for vacation rentals. These two separate units, each with two bedrooms, their own entrance, and amenities, are ideal for hosting multiple groups or generating consistent rental income. Located in a prime spot, just minutes from Big Bear Lake?s attractions, hiking trails, and ski resorts, this property is a top pick for vacationers year-round. Each unit features comfortable living spaces, modern kitchens, and updated bathrooms?ready to impress guests. The property has recently undergone extensive updates, including a brand new $30,000 roof, with three layers stripped down, all new wood, and metal flashing installed. The exterior has been upgraded with Hardy board around the perimeter to address termites and warped wood, with fresh paint to match. Additionally, the newly updated spa, serviced by Olson Spa, is fully operational and ready for guests to enjoy. Both units boast new wood-burning fireplaces with metal chimneys, adding a cozy touch to the mountain retreat. Convenience and security have also been enhanced with electric locks that integrate with an app and camera system, making check-ins seamless. Other upgrades include a washer and dryer in the breezeway, new walls and insulation where a previous leak was repaired, and fully painted, freshly renovated interiors for both units. Surrounded by towering pines, the property offers a serene setting for visitors to relax, complete with space for outdoor dining and lounging. Ample parking accommodates multiple vehicles, essential for larger rental groups.
Capitalize on Big Bear Lake?s booming rental market with this versatile property?perfect for generating passive income while enjoying everything this mountain paradise has to offer.
Location
State CA
County San Bernardino
Area 289 - Big Bear Area
Interior
Heating Wood Stove
Cooling None
Fireplaces Type Living Room
Laundry Inside
Exterior
Pool None
Community Features Hiking,Mountainous
View Y/N Yes
View Mountain(s)
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Duplex
Story 1
Sewer Unknown
Water Public
New Construction No
Schools
School District Bear Valley Unified
Others
Acceptable Financing Cash,Conventional,1031 Exchange,Fannie Mae
Listing Terms Cash,Conventional,1031 Exchange,Fannie Mae
Special Listing Condition Standard