$1,649,967
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401 Knight Avenue Big Bear Lake, CA 92315
Fourplex
Residence
Beds
Baths
...
Bed/Bath
3,400
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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HUGE PRICE REDUCTION!!! Unbeatable Investment Opportunity in Big Bear Lake! LOCATION, LOCATION, LOCATION!
This is a rare chance to own a prime piece of real estate in the heart of Big Bear Lake with an unheard-of Cap Rate. Just one block from the lake, this newly remodeled property offers excepti...onal potential for both short-term and long-term rental income, as well as a venue for weddings and retreats.
Property Highlights: 5 Unit Property: Offering a mix of three 1-bed/1-bath units, one 2-bed/1-bath unit, and one 3-bed/1-bath unit.
Separate Single Family Detached Homes: Each with separate meters and 2+ parking spaces.
Laundry Facilities: One unit with its own washer/dryer and plans for a larger shared laundry facility in a separate storage area on the lot.
Ideal Corner Lot: Flat half-acre lot with multiple trees, just one block from the lake.
Proximity to Attractions: Three blocks to Big Bear Lake Village
Less than a mile to Snow Summit Ski Resort
Half a block to Big Bear Blvd
Walking distance to the lake, village, multiple restaurants, shops, Ski Beach Park, and Dog Park
Investment Potential: With a 98% occupancy rate, this property offers flexibility for development, including expanding to larger homes or additional units. The location is perfect for a thriving short-term or long-term rental business, weddings, and retreats.
Key Features: All units will be delivered vacant at the buyer's discretion.
Fully furnished (excluding some personal items).
No permanent tenants or leases, ensuring a seamless transition for new ownership.
This property is perfect as a family compound, rental business, or event venue. Don’t miss out on this great investment opportunity in one of Big Bear Lake’s most desirable locations!
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MLS#
OC23181970
Property Type
Fourplex
Year Built
1947
Square Feet
3,400
sq. ft
Lot Size
0.46
Sewer
Sewer Connected, Public Sewer
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Source: Walk Score®
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