NOT LISTED FOR SALE
7 Beds
4 Baths
3,293 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: April 22, 2025

Last sale price $810,000 $246 Per Sq Ft

215 Days on Market

Highlights

  • Parking available for a boat
  • Covered Deck
  • 2-minute walk to Ski Beach Park
  • 20,160 Sq Ft lot
  • Corner Lot

About This Home

As of April 2025

Investment opportunity with an amazing location~4 cabins on one property just one short block to Big Bear Lake, Swim Beach, Ski Beach and Meadow Park ~Walk down and you have the ideal location to watch the 4th of July fireworks show without having to deal with traffic~A short 5 minute drive to the ski slopes~Cabins 1, 2 & 4 were all fully renovated between 2018-2020 with laminate flooring, dual pane windows~Cabin 1 is a full time rental - 1bedroom, 1 bathroom, approx. 565 sq. ft.~Cabin 2 is a full time rental - 2 bedroom, 1 bathroom, approx. 698 sq. ft.~Cabin 3 is currently used for short term vacation renting, 3 bedrooms, 1 bathroom and was completely renovated in 2024 with all new plumbing (complete re-pipe) new bathtub, tile and sink, new wood grain laminate style flooring throughout, fresh interior paint etc. Approx. 1,180 sq. ft.~Cabin 4 is a full time rental - 1 bedroom, 1 bathroom and approx. 850 sq. ft. and has washer/dryer~All tenants are month to month~Property can be transferred vacant if buyer chooses~Each cabin has its own gas and electric~This property offers flexibility for development, including the ability to expand to larger homes or additional units!

Last Agent to Sell the Property

Will Rahill

Keller Williams Big Bear License #01705202 Listed on: 07/31/2024

Keller Williams Big Bear

Last Buyer's Agent

Nonexistant Agent

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 20,160 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 3,293 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 11 Parking Spaces
  • Dirt Driveway
  • Parking available for a boat
  • RV Access or Parking

Outdoor Features

  • Covered Deck

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for tenant pays electric, tenant pays gas
  • The owner pays for snow removal paid, trash paid by owner, water paid by owner
  • Assessor Parcel Number 0309-044-30-0000

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $21,471
  • Gross Income $108,847
  • Net Operating Income $87,376

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0.46 Acres

Listing Details

  • Property Type: Multi Unit Residential
  • Cross Street: Lahontan
  • Stories: One Story, Two Story
  • Year Built: 1947
  • AudioSurveillanceSystemYN: No
  • VideoSurveillanceSystemYN: No
  • Property Sub Type: MultiFamily

Interior Features

  • Special Features: Bedroom on Main Level
  • Total Bathrooms: 4.00
  • Total Bedrooms: 7
  • Total Sq Ft: 3293

Exterior Features

  • Driveways: Dirt Driveway
  • Foundation: Raised Perimeter
  • Frontage: Fronts Street
  • Outside Extras: Deck, Deck Covered
  • Roads: Paved & Maintained
  • Roof: Composition Roof
  • St Frontage: 140

Garage/Parking

  • Parking: 11+ Parking Spaces, Boat Parking, RV Parking

Utilities

  • Heating: Natural Gas Heat, Wall Heater
  • Utilities: Electric Connected, Natural Gas Connected
  • Water Sewer: Sewer Connected, Water Supplied By DWP

Fee Information

  • Operating Expense: 21471

Lot Info

  • Location: Located on Corner
  • Lot Size Sq Ft: 20160
  • Parcel Number: 0309-044-30-0000
  • Sec Side Lot Dim: 144
  • Three Side Lot Dim: 140
  • Topography: Level
  • Zoning: Multiple Residential

Rental Info

  • Paid By Owner: Snow Removal Paid, Trash Paid By Owner, Water Paid By Owner
  • Tenant Pays: Tenant Pays Electric, Tenant Pays Gas

Multi Family

  • Investment Type: Residential Investment - Units
  • Number Of Units: 4
  • Unit Count: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Apr 2, 2025
Sold by
Olsen Irene D
Bought by
Seller's Agent
Will Rahill
Keller Williams Big Bear
Buyer's Agent
Nonexistant Agent
List Price
$1,499,900
Sold Price
$810,000
Premium/Discount to List
-$689,900
-46%
Views
105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Outstanding Balance
$598,568
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2019
Sold by
Lang Lem Eric and Lang Chau Yik
Bought by
Olsen Irene D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 2, 2016
Closed on
Feb 10, 2017
Sold by
Kearn Eric F and Rioux Carolyn F
Bought by
Lang Lem Eric and Lang Chau Yik
Seller's Agent
Mike Dolan
KELLER WILLIAMS BIG BEAR
Buyer's Agent
Irene Olsen
Keller Williams Realty
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%

Purchase Details

Closed on
Aug 21, 2012
Sold by
Kearn Eric F and Rioux Carolyn F
Bought by
Kearn Eric F and Rioux Carolyn F

Purchase Details

Closed on
Mar 15, 2005
Sold by
Westland Elizabeth A and Westland John T
Bought by
Kearn Eric F and Rioux Kearn Carolyn

Purchase Details

Closed on
May 25, 2004
Sold by
Knowles Larry F and Knowles Sandra J
Bought by
Westland John T and Westland Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,930
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2000
Sold by
Knowles Larry F and Knowles Sandra J
Bought by
Knowles Larry F and Knowles Sandra J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$810,000 Wfg National Title
Olsen Irene D -- Wfg National Title
Lang Lem Eric $400,000 Fidelity National Title
Kearn Eric F -- None Available
Kearn Eric F $430,000 Fidelity National Title Co
Westland John T $260,000 Fidelity National Title Co
Knowles Larry F -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $607,500
Previous Owner Olsen Irene D $1,765,000
Previous Owner Olsen Irene D $315,000
Previous Owner Westland John T $181,930
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2025 04/22/25 Sold $810,000 -26.3% $246 / Sq Ft
03/31/2025 03/31/25 Off Market $1,099,111 -- --
03/03/2025 03/03/25 Pending -- -- --
02/05/2025 02/05/25 Price Changed $1,099,111 -10.3% $334 / Sq Ft
01/24/2025 01/24/25 Price Changed $1,225,000 -5.8% $372 / Sq Ft
08/14/2024 08/14/24 Price Changed $1,299,900 -13.3% $395 / Sq Ft
07/31/2024 07/31/24 For Sale $1,499,900 +275.0% $455 / Sq Ft
04/05/2017 04/05/17 Sold $400,000 0.0% $221 / Sq Ft View Prior Sale
01/16/2017 01/16/17 Pending -- -- --
09/02/2016 09/02/16 For Sale $399,900 -- $221 / Sq Ft
Source: Mountain Resort Communities Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $10,253 $826,200 $316,200 $510,000
2025 $10,253 $477,531 $247,357 $230,174
2024 $9,867 $468,168 $242,507 $225,661
2023 $9,328 $458,988 $237,752 $221,236
2022 $8,696 $449,988 $233,090 $216,898
2021 $8,305 $441,165 $228,520 $212,645
2020 $8,299 $436,642 $226,177 $210,465
2019 $7,994 $416,160 $218,484 $197,676
2018 $7,729 $408,000 $214,200 $193,800
2017 $8,738 $516,450 $204,177 $312,273
2016 $8,544 $506,324 $200,174 $306,150
2015 $7,147 $498,718 $197,167 $301,551
2014 $7,030 $488,949 $193,305 $295,644
Source: Public Records

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Map

Source: Mountain Resort Communities Association of Realtors®

MLS Number: 32405386

Mountain Resort Communities Association of Realtors®

APN: 0309-044-30

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