401 Knight Avenue

Big Bear Lake, CA 92315

$1,299,900
Price
7
Beds
4
Baths
3,293 Sq. Ft.
$395 / Sq. Ft.
3,293
Sq. Ft.
$395
per Sq. Ft.

Description

Investment opportunity with an amazing location~5 cabins on one property just one short block to Big Bear Lake, Swim Beach, Ski Beach and Meadow Park ~Walk down and you have the ideal location to watch the 4th of July fireworks show without having to deal with traffic~A short 5 minute drive to the ski slopes~Cabins 1, 2, 4 & 5 were all fully renovated between 2018-2020 with laminate flooring, dual pane windows~Cabin 1 is a full time rental - 1bedroom, 1 bathroom, approx. 565 sq. ft. ~Cabin 2 is a...Investment opportunity with an amazing location~5 cabins on one property just one short block to Big Bear Lake, Swim Beach, Ski Beach and Meadow Park ~Walk down and you have the ideal location to watch the 4th of July fireworks show without having to deal with traffic~A short 5 minute drive to the ski slopes~Cabins 1, 2, 4 & 5 were all fully renovated between 2018-2020 with laminate flooring, dual pane windows~Cabin 1 is a full time rental - 1bedroom, 1 bathroom, approx. 565 sq. ft. ~Cabin 2 is a full time rental - 2 bedroom, 1 bathroom, approx. 698 sq. ft. ~Cabin 3 is currently used for short term vacation renting, 3 bedrooms, 1 bathroom and was completely renovated in 2024 with all new plumbing (complete re-pipe) new bathtub, tile and sink, new wood grain laminate style flooring throughout, fresh interior paint etc. Approx. 1,180 sq. ft. ~Cabin 4 is a full time rental - 1 bedroom, 1 bathroom and approx. 850 sq. ft. and has washer/dryer~Cabin 5 was built in the 1950's without permits~1 bedroom, 1 bathroom and recently remodeled with stained concrete floors, wood beams, and laminate flooring, needs kitchenette and the electrical, plumbing and gas to be connected to utility companies to complete the permit process~All tenants are month to month~Property can be transferred vacant if buyer chooses~Each cabin has its own gas and electric~This property offers flexibility for development, including the ability to expand to larger homes or additional units!
  1. Listed by Will Rahill • DRE #01705202 • Keller Williams Big Bear - Lake Arrowhead

Property Details for 401 Knight Avenue

Architectural Style
Custom Built
Cross Street
Lahontan
View
Trees/Woods
LISTING UPDATED: 09/30/2024 09:29 AM

Property Details for 401 Knight Avenue

StatusActive
MLS #32405386
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential
Year Built1947
Lot Size0.46 AC / 20,160 SF
CountySan Bernardino County

Building Information for 401 Knight Avenue

Stories1Residences4Year Built1947Building Size-Lot Size0.46 AC / 20,160 SF

Property Information for 401 Knight Avenue

Summary
Location and General Information
  • Building Area Total: 3,293.00
  • Country: US
  • County Or Parish: San Bernardino
  • Directions: East on Big Bear Blvd, left on Knight Ave (Taco Bell on corner). Sign on property
  • Latitude: 34.245297
  • Longitude: -116.903573
  • Major Change Type: Price Change
  • Number Of Units Total: 5
  • Postal City: Big Bear Lake
  • Postal Code: 92315
  • Road Surface Type: Paved
  • State Or Province: CA
  • Street Number Numeric: 401
  • Universal Property Id: US-06071-N-0309044300000-R-N
  • Unparsed Address: 401 Knight Avenue
Owner
  • Owner Name: Olsen Irene D
  • Owner Phone: 619-962-5952
Parking
  • Garage Spaces: 0
  • Operating Expense: $21,471.00
Taxes and HOA Information
  • Association Fee: $.00
Virtual Tour
Property
Lot Information
  • Lot Size Dimensions: 140 x 144 x 140 x 144
  • Lot Size Units: Square Feet
  • Road Frontage Type: City Street
  • Topography: Level
  • Zoning Description: Multiple Residential
Mobile/Manufactured
  • Levels: One, Two
Property and Assessments
  • Common Walls: Detached/No Common Walls
  • Flooring: Carpet, Laminate, Wood
  • Owner Pays: Snow Removal, Trash Collection, Water
  • Year Built Source: Public Records
Utilities
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
  • Foundation Details: Raised
  • Frontage Length: 140
  • Patio And Porch Features: Covered, Deck
  • Pool Private Y N: No
  • Roof: Composition
  • Spa Features: None
  • Spa Y N: No
Interior Features
  • Appliances: Gas Dryer Hookup, Microwave, Refrigerator, Washer Hookup
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Cooling: None
  • Heating: Natural Gas, Wall Furnace
  • Heating Y N: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Living Area Source: Assessor
  • View Y N: Yes
Multi Family
Multi-Family Information
  • Cap Rate: 5.83%
  • Gross Income: $108,847.00
  • Net Operating Income: $87,376.00
Rental
Rental Information
  • Rent Control Y N: No
  • Tenant Pays: Electricity, Gas

Property History for 401 Knight Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 401 Knight Avenue

Taxable ValueLand$242,507Additions$225,661Total$468,168
Tax Record2024$9,867 ($822 / month)
Home Facts
Total Finished SqFt412 SqFtAbove Grade Finished SqFt412 SqFtStories1Lot Size20,160 SqFtStyleQuadraplexYear Built1947CountySAN BERNARDINOAPN0309-044-30-0000Fireplace TypeHas Fireplace

Schools near 401 Knight Avenue

This home is within Bear Valley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Fallsvale Elementary School
PublicK to 8

Big Bear Middle School
Public6 to 8

Big Bear High School
Public9 to 12

Chautauqua High (Continuation) School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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401 Knight Avenue is a mixed use property for sale in Big Bear Lake, CA 92315. This property was listed for sale on July 31, 2024 by Keller Williams Big Bear - Lake Arrowhead, it's currently listed at $1,299,900. It has been on the market for a total of 20 days and was last sold on February 27, 2019. This listing's school district is Bear Valley Unified School District. Nearby schools include Fallsvale Elementary School, Big Bear Middle School and Big Bear High School. 401 Knight Avenue is a 7-bed, 4-bath, 3,293 sqft mixed use property built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Big Bear - Lake Arrowhead, Will Rahill, DRE #01705202

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors,Big Bear Association of REALTORS® and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors,Big Bear Association of REALTORS® and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.