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661 Spruce Road

Big Bear, CA 92315
  • $774,900
  • STATUS: SOLD
  • ON SITE: 134 Days
  • ID#: EV21127165
Sold - 10/18/2021
$774,900
SOLD - 10/18/2021
  • 4
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Great opportunity to own this Four Unit Investment Property on a 17,000 s.f. lot. Conveniently located in prime location with close proximity to the Alpine Slide Recreation Zone, Snow Play, Village Shops, Restaurants, Entertainment and Lake. Current owner has done extensive remodeling on each unit as well as replaced the roof at buildings 1 & 2. Three Units are on a month-to-month lease through Property Manager. Unit 2 is on vacation rental with Cool Cabins and averages $1,700 monthly. Large lot allows for parking of trailers, boats, RVs etc. Each unit supplied with individual Gas and Electric Meters. Water is common for all units. Great opportunity to own this Four Unit Investment Property on a 17,000 s.f. lot. Conveniently located in prime location with close proximity to the Alpine Slide Recreation Zone, Snow Play, Village Shops, Restaurants, Entertainment and Lake. Current owner has done extensive remodeling on each unit as well as replaced the roof at buildings 1 & 2. Three Units are on a month-to-month lease through Property Manager. Unit 2 is on vacation rental with Cool Cabins and averages $1,700 monthly. Large lot allows for parking of trailers, boats, RVs etc. Each unit supplied with individual Gas and Electric Meters. Water is common for all units.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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661 Spruce Road Big Bear, CA 92315

  • Price: $774,900
  • Status: SOLD
  • ID#: EV21127165
4
Beds
0
Baths
0
½ Baths
0.39
Acres
Neighborhood:
Big Bear Lake (92315)
County:
San Bernardino
Area:
Big Bear Lake (92315)
Property Description
Great opportunity to own this Four Unit Investment Property on a 17,000 s.f. lot. Conveniently located in prime location with close proximity to the Alpine Slide Recreation Zone, Snow Play, Village Shops, Restaurants, Entertainment and Lake. Current owner has done extensive remodeling on each unit as well as replaced the roof at buildings 1 & 2. Three Units are on a month-to-month lease through Property Manager. Unit 2 is on vacation rental with Cool Cabins and averages $1,700 monthly. Large lot allows for parking of trailers, boats, RVs etc. Each unit supplied with individual Gas and Electric Meters. Water is common for all units. Great opportunity to own this Four Unit Investment Property on a 17,000 s.f. lot. Conveniently located in prime location with close proximity to the Alpine Slide Recreation Zone, Snow Play, Village Shops, Restaurants, Entertainment and Lake. Current owner has done extensive remodeling on each unit as well as replaced the roof at buildings 1 & 2. Three Units are on a month-to-month lease through Property Manager. Unit 2 is on vacation rental with Cool Cabins and averages $1,700 monthly. Large lot allows for parking of trailers, boats, RVs etc. Each unit supplied with individual Gas and Electric Meters. Water is common for all units.
Exterior Features

Pool N/K

Interior Features

Cooling N/K Heat Equipment Fireplace Heat Source Natural GasWood Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 2 Water Heater Type Gas

Property Features

Actual Cap Rate 7.0 Annual Expense Actual 0 Buildings 4 Gross Scheduled Income Actual 52440 Home Owners Fees 0.0 Tenant Pays Cable TvElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 0.0 Unit2 Rent Actual 1250.0 Zoning Assessor

Listing provided courtesy of Keller Williams Realty. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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