40042 Trail Of The Whispering Pines, Big Bear Lake, CA 92315
- $449,999
- List Price
- $449,999
- Status
- ACTIVE
- MLS#
- IG26108813
- Year Built
- 1947
- Lot Size
- 3,321
- Acres
- 0.08
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 71
- Property Type
- Multifamily
- Style
- Custom
- Property Sub Type
- Duplex
- Stories
- One Level
Property Description
Fantastic investment opportunity in the heart of Big Bear Lake ~ Situated on a desirable corner lot, this versatile DUPLEX offers income potential and an unbeatable mountain location just minutes from shopping, dining, hiking trails, the lake, ski resorts, and all of Big Bear’s year-round attractions. Whether you’re looking to expand your investment portfolio, live in one unit while generating rental income from the other, or secure a mountain property with long-term upside, this property checks all the boxes ~ Unit A offers approximately 750 sq. ft. with 2 bedrooms and 1 bathroom and has seen numerous updates in recent years, including a heater installed in 2021, updated tile countertops, new disposal, new flooring in the kitchen and laundry room, refreshed bathroom flooring, replaced bathroom subfloor, and newer toilets ~ Unit B features approximately 500 sq. ft. with 1 bedroom and 1 bathroom and includes a remodeled kitchen completed in 2015 with updated counters, cabinets, fan, and tile flooring, along with updated bathroom tile flooring ~. Major property improvements provide added value and peace of mind, including a full roof replacement in 2023, new shared water heater installed in 2024, and exterior paint completed in 2019. Property is serviced by one electrical meter for both units ~ Both units are currently occupied by long-term tenants on a month to month lease while in the process of selling, creating the potential for immediate rental income from day one ~ Buyer to create future lease terms, confirm square footage, permitted uses, and current City of Big Bear Lake short-term rental regulations ~ Rarely does an opportunity come available in such a prime central location with close proximity to Big Bear’s most popular destinations ~ Whether for investment, personal use, or future development of your mountain real estate portfolio, this is an opportunity you won’t want to miss.
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Additional Information
- Other Buildings
- Shed(s)
- Appliances
- Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Dryer, Washer
- Pool Description
- None
- Heat
- Natural Gas, Wall Furnace
- Cooling Description
- None
- View
- Neighborhood, Trees/Woods
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), Open Floorplan, Bedroom on Main Level
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $41,400
- Operating Expense
- 10668
Listing courtesy of Listing Agent: Will Rahill (Team@WillRahill.com) from Listing Office: KELLER WILLIAMS BIG BEAR.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.