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$ 899,000
Est. payment | /mo
1,720 SqFt
$ 899,000
Est. payment | /mo
1,720 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
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jonathan Prakash • Equity Union
GET MORE INFORMATION
Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com