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$950,000
Est. payment /mo
3 Beds
2 Baths
10,000 Sqft Lot
UPDATED:
12/24/2024 07:42 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV24253520
Bedrooms 3
HOA Y/N No
Lot Size 10,000 Sqft
Type of Financing Conventional
Property Description
The property at 305 W Mojave Blvd in Big Bear City is a five-unit apartment community built in 1988, offering a mix of three 2-bedroom/1.5-bath units, one 2-bedroom/1-bath unit, and one 1-bedroom/1-bath unit. In addition to the residential units, the property features 11 rentable storage units, providing an additional income stream. The interiors have been updated with tile and wood flooring, fresh paint, and window air conditioning, ensuring modern appeal and tenant satisfaction. Situated on a 0.23-acre lot, this property presents a strong investment opportunity with stable cash flow and value-add potential in a high-demand rental market.
The property at 305 W Mojave Blvd in Big Bear City is a five-unit apartment community built in 1988, offering a mix of three 2-bedroom/1.5-bath units, one 2-bedroom/1-bath unit, and one 1-bedroom/1-bath unit. In addition to the residential units, the property features 11 rentable storage units, providing an additional income stream. The interiors have been updated with tile and wood flooring, fresh paint, and window air conditioning, ensuring modern appeal and tenant satisfaction. Situated on a 0.23-acre lot, this property presents a strong investment opportunity with stable cash flow and value-add potential in a high-demand rental market.
The property at 305 W Mojave Blvd in Big Bear City is a five-unit apartment community built in 1988, offering a mix of three 2-bedroom/1.5-bath units, one 2-bedroom/1-bath unit, and one 1-bedroom/1-bath unit. In addition to the residential units, the property features 11 rentable storage units, providing an additional income stream. The interiors have been updated with tile and wood flooring, fresh paint, and window air conditioning, ensuring modern appeal and tenant satisfaction. Situated on a 0.23-acre lot, this property presents a strong investment opportunity with stable cash flow and value-add potential in a high-demand rental market.
Location
State CA
County San Bernardino
Area Big Bear City (92314)
Zoning Public Rec
Building
Lot Description National Forest
Story 2
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $210
Acceptable Financing Conventional
Space Rent $1,290
Listing Terms Conventional
CFD/Mello-Roos Fee $2, 522
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Listed by DARREN CORREA • LE INVESTMENT GROUP
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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