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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Schools
Interior
Appliances
Refrigerator
Cooling
None
Heating
Wall Furnace, Fireplace(s)
Exterior
Parking Features
Assigned
Parking Spots
6.00
Stories Total
1
Financial
Map
Community
- Address439 Jeffries Road Big Bear CA
- Area289 – Big Bear Area
- CityBig Bear
- CountySan Bernardino
- Zip Code92315
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Courtesy of Equity Union. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
439 Jeffries Road
Big Bear, CA
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