439 Jeffries Road
Big Bear, CA, 92315
$899,000
Beds
0 Baths
SqFt
0.2 Acres
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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.

Property Details

Price:
$899,000
MLS #:
24436107
Status:
Active
Baths:
0
Address:
439 Jeffries Road
Type:
Residential Income
Neighborhood:
289bigbeararea
City:
Big Bear
Listed Date:
Sep 4, 2024
State:
CA
ZIP:
92315
Lot Size:
8,745 sqft / 0.20 acres (approx)
Year Built:
1947
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Parking Spots
6.00
Stories Total
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439 Jeffries Road
Big Bear, CA