41659 Big Bear Boulevard
$1,600,000
—
11,704
11,704
$137
Description
Remarkable multi-tenant investment opportunity! Wait till you see the perfect, convenient location of this 48 unit office/mini storage facility with over 11,700 sq. ft. of rental space on a level, 36,358 sq. ft. street-to-street lot in the 'miracle mile' district of Big Bear Lake. Property includes 38 units of various sizes for personal/business storage and 10 office space rentals (two w/ 1600 sq. ft. and eight w/ 400 sq. ft.). Office units come complete with wet bar/kitchenette and half bathrooms...Remarkable multi-tenant investment opportunity! Wait till you see the perfect, convenient location of this 48 unit office/mini storage facility with over 11,700 sq. ft. of rental space on a level, 36,358 sq. ft. street-to-street lot in the 'miracle mile' district of Big Bear Lake. Property includes 38 units of various sizes for personal/business storage and 10 office space rentals (two w/ 1600 sq. ft. and eight w/ 400 sq. ft.). Office units come complete with wet bar/kitchenette and half bathrooms (a few with showers). Lots of potential to increase monthly income. Many of the current rents are below current market rents. As of 7/13/24, CAP Rate is 7.30 based on actual income, less actual reoccurring expenses. Currently five vacancies equaling $2,013 P/M. (When 100% occupied, CAP rate is 8.5).
- Listed by MICHAEL DOLAN • DRE #00752899 • Brokerage DRE #02153881 • KELLER WILLIAMS BIG BEAR • mikedolan@bigbearproperties.com
Property Details for 41659 Big Bear Boulevard
Lot Size Source
Assessor
Building Area Total11704
Building Area UnitsSquare Feet
Stories Total2
Entry Level1
Parcel Number0309162240000
AreaBig Bear Lake (289)
DirectionsCross Street: Thrush
LISTING UPDATED: 11/22/2024 03:05 AM
Property Details for 41659 Big Bear Boulevard
Status | Active |
---|---|
MLS # | EV24122272 |
Days on Market | 192 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | 1986 |
Lot Size | 0.83 AC / 36,358 SF |
County | San Bernardino County |
Building Information for 41659 Big Bear Boulevard
Stories2Residences-Year Built1986Lot Size0.83 AC / 36,358 SF
Property Information for 41659 Big Bear Boulevard
Property History for 41659 Big Bear Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 41659 Big Bear Boulevard
Taxable ValueLand$379,746Additions$1,128,834Total$1,508,580
Tax Record2024$16,447 ($1,371 / month)
Home Facts
Total Finished SqFt6,776 SqFtAbove Grade Finished SqFt6,776 SqFtLot Size36,358 SqFtStyleWarehouseYear Built1986CountySAN BERNARDINOAPN0309-162-24-0000
Schools near 41659 Big Bear Boulevard
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.
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