4 Beds
4 Baths
3,271 SqFt
4 Beds
4 Baths
3,271 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,271 sqft
Price per Sqft $289
MLS Listing ID 32501125
Bedrooms 4
Construction Status Resale
Year Built 1924
Property Sub-Type Multi Family
Land Area 3271
Property Description
In 2001, prior ownership made substantial improvements, including sewer mainline and asphalt replacement. Under the current owner, Cabins 1-4 have been meticulously updated with new paint, mini-split units, plumbing enhancements, and more. Cabin #3, with an active STR license, generates an average monthly income of $3500 and is fully renovated, with furnishings seamlessly transferring to the new owner.
Unit #5, previously undergoing unpermitted work, was tagged by the city and cannot be used as a residential rental due to setbacks. However, there's potential for remodeling it into an "accessory building" for other units, such as a laundry facility, game room, storage lockers, or a building manager's office.
Current zoning permits adding one more unit to the parcel, ideally in the spacious open area at the rear. This presents a unique opportunity for the new owner to construct their mountain cabin, with flexibility for short-term or long-term rental.
In essence, the Georgia Bear Mountain Hideaway, with mature trees and updated cabins, is a prime property offering potential for investors or families seeking a mountain retreat. With income opportunities and expansion potential, this property holds promise for its new owner.
Location
State CA
County San Bernardino
Area Big Bear Lake East
Zoning Multiple Residential
Interior
Interior Features Bedroom on Main Level
Heating Natural Gas, Wall Furnace
Fireplace No
Exterior
Exterior Feature Blacktop Driveway, Paved Driveway
Parking Features Four or more Spaces, Parking Space(s)
Roof Type Composition
Topography Level
Street Surface Paved
Road Frontage City Street
Building
Lot Description Level
Entry Level One
Foundation Slab
Sewer Connected
Level or Stories One
Construction Status Resale
Others
Tax ID 0309-034-36-0000
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
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Partner | Lic# 01945568