601 IRVING WAY Big Bear City Central (Big Bear City, California, US - 92314) Built

SOLD $819,000.00
JUST SOLD! 3 NEWER CONSTRUCTION RENTAL PROPS!

VanHutchHomes & Associates

Christopher Hutchinson (619) 987-4478 Van Effner (619) 694-6147 Christopher Hutchinson (619) 987-4478 Van Effner (619) 694-6147 Request More Info

  • POTENTIAL TO BUILD TWO MORE UNITS ON SAME LOT!
  • Type: Residential
  • Style: Single Story
  • Bedrooms: 9
  • Bathrooms: 6
  • Size: 3,900 sq. ft.
  • Development Level: Built
  • Lot Size: 16700 sq. ft.
  • Year Built: 2006

Description

GREAT RENTAL PROPERTY INVESTMENT OPPORTUNITY BY VAN EFFNER, LISTING AGENT WITH VANHUTCHHOMES & ASSOCIATES!


THREE FULLY TENANT OCCUPIED NEWER CONSTRUCTION HOMES THAT OFFER A 7.8% CAP RATE!


PROPERTY ADDRESS:
601 Irving Way, Big Bear City, CA 92314 


SOLD FOR:
$770,000


PROPERTY DESCRIPTION:
- Originally built in 2006, these 3 newer construction Homes, rest on a permanent concrete Foundation.

- Large 16,700 square foot, fully fenced "Flat- Lot", next to Public Transportation.

- Each Home offers 3 Bedrooms, 2 Bathrooms & offer 1,300 square feet of living space.

- This Lots Zoning, allows one to build 2 more Units on the property (for a total of 5 homes).

EACH HOME OFFERS:

- Premium 2 X 6 Construction

- Open Entertainers Floor Plan

- Vaulted Ceilings throughout

- Dual Pane Windows throughout

- Wood Burning Fireplaces in the Living Rooms

- Forced Air Heating throughout

- Laundry Rooms in each Home

- Large Master Bedrooms, attached Master Bathrooms & Walk-In Closets.

- Each Home, has a separate Water Meter, Electric Meter & Gas Meter. 

- Each Home, has an Entertainment Deck, a Paved Driveway & newer Rain Gutters.

- Every Home is rented "Full-Time", with excellent long term Tenants in place. 

- Two of the Homes, have been rented as vacation rentals in the past and the gross income was $24,000/year per house at its highest. 


THINKING OF BUYING OR SELLING A HOME IN BIG BEAR?
Call or Text Van Effner, Listing Agent, Big Bear Specialist & Team Member with VanHutchhomes & Associates at 619-987-4478 today!

Attachments

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Information is deemed to be correct but not guaranteed.