439 Jeffries Road Active

Big Bear City,CA 92315

$ 899000

- Bed

0 Bath

1720 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 1,720 sqft

Price per Sqft $522

MLS Listing ID CL24436107

HOA Y/N No

Year Built 1947

Lot Size 8,745 Sqft

Acres 0.2

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 Listing

Interior

Heating Other,Wall Furnace

Cooling None

Fireplace No

Laundry Community Facility

Building

New Construction No

Others

Tax ID 0309048130000

View More
Favorite Go Tour