844 Tulip Lane

Big Bear Lake, CA 92315

$1,200,000
Price
1
Beds
6
Baths
1,700 Sq. Ft.
$706 / Sq. Ft.
1,700
Sq. Ft.
$706
per Sq. Ft.

Description

Big Bear Lake Income producing cabins close to The Village. These six cabins are located off the main highway in a serene quiet setting. The property has operated as a Lodge for over 20 years with a license from the city, it is exempt from the Air B n B permits. There are Two 1 Bedroom cabins and Four Studio Cabins. These offer great potential for a local or out of town investor. The current owner can help show how to run them as vacation rentals. Seller is open to owner financing. Financial details...Big Bear Lake Income producing cabins close to The Village. These six cabins are located off the main highway in a serene quiet setting. The property has operated as a Lodge for over 20 years with a license from the city, it is exempt from the Air B n B permits. There are Two 1 Bedroom cabins and Four Studio Cabins. These offer great potential for a local or out of town investor. The current owner can help show how to run them as vacation rentals. Seller is open to owner financing. Financial details are available on request.
  1. Listed by Craig Wallace • DRE #01930723 • Brokerage DRE #02126101 • Think Boutiq Real Estate • 562-673-1138

Property Details for 844 Tulip Lane

Parking Spaces Total
0
Private Pool
No
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1700
Assessor Parcel Number
0307-111-06-0000
Property Attached YN
false
LISTING UPDATED: 11/19/2024 12:24 AM

Property Details for 844 Tulip Lane

StatusActive
MLS #RS24235979
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1946
Lot Size0.34 AC / 14,640 SF
CountySan Bernardino County

Building Information for 844 Tulip Lane

Stories2Residences-Year Built1946Building Size-Lot Size0.34 AC / 14,640 SF

Property Information for 844 Tulip Lane

Income / Expense / Tax Details
Income Details
  • Gross Income: $129,887
  • Gross Scheduled Income: $129,887
  • Vacancy Allowance Rate: 10
  • Net Operating Income: $87,470
  • Cap Rate: 7.28
Expense Details
  • Operating Expense: $38,521
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $3,000
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $42,417
Tax / Assessment Info
  • Tax Block: C
  • Tax Tract Number: 112.60
  • Tax Census Tract: 112.06
  • CFD/Mello-Roos Fee: $3,126
  • Tax Lot: 14
Community / Development
Community / Development
  • Community Features: Biking, Hiking, Mountainous
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: ground
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $10,823
  • Unit Type Total Rent: $10,823
  • Unit Type Pro Forma: 10823
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 7
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 0

Property History for 844 Tulip Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 844 Tulip Lane

Taxable ValueLand$67,990Additions$147,367Total$215,357
Tax Record2024$5,582 ($465 / month)
Home Facts
Total Finished SqFt1,700 SqFtAbove Grade Finished SqFt1,700 SqFtLot Size14,640 SqFtStyleMulti-Family Res (5+ Units)Year Built1946CountySAN BERNARDINOAPN0307-111-06-0000

Schools near 844 Tulip Lane

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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844 Tulip Lane is a multi-family home for sale in Big Bear Lake, CA 92315. This property was listed for sale on November 17, 2024 by Think Boutiq Real Estate, it's currently listed at $1,200,000. 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. 844 Tulip Lane is a 1-bed, 6-bath, 1,700 sqft multi-family home built in 1946.

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 Think Boutiq Real Estate, Craig Wallace, DRE #01930723

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board 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, Ojai Valley Board 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.