Fantastic investment opportunity in the heart of Big Bear Lake ~ Situated on a desirable corner lot, this versatile DUPLEX offers income potential and an unbeatable mountain location just minutes from shopping, dining, hiking trails, the lake, ski resorts, and all of Big Bear’s year-round attractions.
Whether you’re looking to expand your investment portfolio, live in one unit while generating rental income from the other, or secure a mountain property with long-term upside, this property checks all the boxes ~ Unit A offers approximately 750 sq. ft. with 2 bedrooms and 1 bathroom and has seen numerous updates in recent years, including a heater installed in 2021, updated tile countertops, new disposal, new flooring in the kitchen and laundry room, refreshed bathroom flooring, replaced bathroom subfloor, and newer toilets ~ Unit B features approximately 500 sq. ft. with 1 bedroom and 1 bathroom and includes a remodeled kitchen completed in 2015 with updated counters, cabinets, fan, and tile flooring, along with updated bathroom tile flooring ~. Major property improvements provide added value and peace of mind, including a full roof replacement in 2023, new shared water heater installed in 2024, and exterior paint completed in 2019. Property is serviced by one electrical meter for both units ~ Both units are currently occupied by long-term tenants on a month to month lease while in the process of selling, creating the potential for immediate rental income from day one ~ Buyer to create future lease terms, confirm square footage, permitted uses, and current City of Big Bear Lake short-term rental regulations ~ Rarely does an opportunity come available in such a prime central location with close proximity to Big Bear’s most popular destinations ~ Whether for investment, personal use, or future development of your mountain real estate portfolio, this is an opportunity you won’t want to miss.