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401 KNIGHT AVE BIG BEAR LAKE, CA 92315
- Multi-family (5 or more units) / Resale (MLS)
Property Details for 401 KNIGHT AVE, BIG BEAR LAKE, CA 92315
Features
- Price/sqft: $485
- Lot Size: 0.4628 acres
- Total Units: 4
- Total Rooms: 10
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Kitchen, Living Room
- Stories: 100
- Roof Type: Composition Shingle
- Heating: 6
- Construction Type: Frame
Facts
- Year Built: 01/01/1947
- Property ID: 895032414
- MLS Number: OC23181970
- Parcel Number: 0309-044-30-0000
- Property Type: Multi-family (5 or more units)
- County: San Bernardino
- Legal Description: TIMBER PARK LOTS 4 5 AND 6 BLK E
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. HUGE PRICE REDUCTION!!! Unbeatable Investment Opportunity in Big Bear Lake! LOCATION, LOCATION, LOCATION! This is a rare chance to own a prime piece of real estate in the heart of Big Bear Lake with an unheard-of Cap Rate. Just one block from the lake, this newly remodeled property offers exceptional potential for both short-term and long-term rental income, as well as a venue for weddings and retreats. Property Highlights: 5 Unit Property: Offering a mix of three 1-bed/1-bath units, one 2-bed/1-bath unit, and one 3-bed/1-bath unit. Separate Single Family Detached Homes: Each with separate meters and 2+ parking spaces. Laundry Facilities: One unit with its own washer/dryer and plans for a larger shared laundry facility in a separate storage area on the lot. Ideal Corner Lot: Flat half-acre lot with multiple trees, just one block from the lake. Proximity to Attractions: Three blocks to Big Bear Lake Village Less than a mile to Snow Summit Ski Resort Half a block to Big Bear Blvd Walking distance to the lake, village, multiple restaurants, shops, Ski Beach Park, and Dog Park Investment Potential: With a 98% occupancy rate, this property offers flexibility for development, including expanding to larger homes or additional units. The location is perfect for a thriving short-term or long-term rental business, weddings, and retreats. Key Features: All units will be delivered vacant at the buyer's discretion. Fully furnished (excluding some personal items). No permanent tenants or leases, ensuring a seamless transition for new ownership. This property is perfect as a family compound, rental business, or event venue. Dont miss out on this great investment opportunity in one of Big Bear Lakes most desirable locations!
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Property Brokerage:
Keller Williams Big Bear
42149 Big Bear Blvd PO BOx 2845
big bear lake
CA
92315
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.