45394 Lucky Baldwin Ranch Rd

    Big Bear, CA 92314
    • $2,175,000
    • STATUS: Active
    • ON SITE: 135 days
    • ID#: CV17232370
    UPDATED: 213 min ago
    $2,175,000
    • 0
      BEDS
    • 1.66
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,200
      SQFT
    • $302
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2003
    County:

    School Ratings & Info

    Description

    Lucky Baldwin Ranch which is a 9 unit single family plus one develop able lot property, located in Big Bear City at the edge of Baldwin Lake with mountain views. The property is comprised of 9 Two Bedroom/ One Bathroom Single Family Detached homes, all units sit on individually parceled lots with rent-able square footage of 800 sqf and a garage square footage of 840 sqf. Each property is solar powered, has well water, holding tanks for sewage, front and back porches with Mountain and Lake views, composite pitched roofs and the undeveloped lot has a square footage of 9,982 sqf with lot dimensions of 125+GGx100+GG.The property benefits from the tight local rental pool of like kind properties, proximity to ski resorts and Big Bear Lake. An Astuteinvestor can take advantage of some of the larger lots, undeveloped lot, bring the rents to market rates and increasing the marketperformance NOI by 40%, possibly selling the properties off individually in the future.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-22T00:28:59.79. 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.
    www.kristirobertsgroup.com/homes/77427196

    45394 Lucky Baldwin Ranch Rd Big Bear, CA 92314

    • Price: $2,175,000
    • Status: Active
    • Updated: 213 min ago
    • ID#: CV17232370
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.66
    Acres
    7,200
    SQFT
    $302
    $/SQFT
    2003
    Built
    Neighborhood:
    BBC - Big Bear City
    County:
    San Bernardino
    Area:
    BBC - Big Bear City
    Property Description
    Lucky Baldwin Ranch which is a 9 unit single family plus one develop able lot property, located in Big Bear City at the edge of Baldwin Lake with mountain views. The property is comprised of 9 Two Bedroom/ One Bathroom Single Family Detached homes, all units sit on individually parceled lots with rent-able square footage of 800 sqf and a garage square footage of 840 sqf. Each property is solar powered, has well water, holding tanks for sewage, front and back porches with Mountain and Lake views, composite pitched roofs and the undeveloped lot has a square footage of 9,982 sqf with lot dimensions of 125+GGx100+GG.The property benefits from the tight local rental pool of like kind properties, proximity to ski resorts and Big Bear Lake. An Astuteinvestor can take advantage of some of the larger lots, undeveloped lot, bring the rents to market rates and increasing the marketperformance NOI by 40%, possibly selling the properties off individually in the future.
    Exterior Features

    Garage Spaces 9.00 Lot Features Yard Lot Size Units Acres Parking Total 9.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Heating Wood Heating YN Yes Laundry Features AreaIn Garage

    Property Features

    Additional Parcels Description 0314-031-18; 032-30; 031-19; 031-15; 031-17; 032-29; 031-20; 031-21; 032-24; 0314-032-33 Additional Parcels YN Yes Building Area Units Square Feet Community Features Blm/National ForestFoothillsHorse TrailsMountainousRuralValley Country Us Electric Expense 600.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 103416.00 Gross Scheduled Income 112800.00 Insurance Expense 2376.00 Land Lease YN No Laundry YN Yes Net Operating Income 65951.00 New Taxes Expense 25552.00 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 9 Operating Expense 43465.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Holding Tank Special Listing Conditions Standard Total Expenses 43465.00 Trash Expense 1200.00 Water Source Well Year Built Source Seller

    Listing provided courtesy of Pezhman Dashti of Dashing Properties Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-22T00:28:59.79. 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.
    Kristi Roberts Group, Inc.
    29910 Murrieta Hot Springs Road
    Murrieta CA, 92563