439 Jeffries Rd - Apartments FOR SALE


Big Bear Lake, CA 92315
$899,000 USD
310-951-6566
439 Jeffries Rd, Big Bear Lake, CA for Sale
$899,000 USD
Apartments - FOR SALE
1/11
null | 5.09% Cap Rate

439 Jeffries Rd
Big Bear Lake, CA 92315


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$523 USD /SF

# OF UNITS

5

PRICE/UNIT

$179,800

CAP RATE

5.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

-

APN/PARCEL ID

0309-048-13

ASK ABOUT THIS PROPERTY

Jonathan PrakashEquity Union Real EstateMore Info
310-951-6566

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jonathan PrakashEquity Union Real EstateMore Info
310-951-6566

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.