$765,900
$16K PRICE INCREASE

528 Cottage Ln Big Bear Lake, CA 92315

Estimated payment $5,002/month

Total Views 4,769
4 Beds
4 Baths
1,344 Sq Ft
$570 Price per Sq Ft

Highlights

  • Fishing
  • Custom Home
  • Community Lake
  • Big Bear High School Rated A-
  • View of Trees or Woods
  • 3-minute walk to Rotary Pine Knot Park

About This Home

Great opportunity to own a multi-unit property in the village area! All 4 of these 1 bedroom 1 bath cottages have been recently completely remodeled while leaving the rustic Big Bear Charm to them. Newer windows, wood paneling, newer floors, wood tile, fully remodeled bathrooms, newer plumbing including a new water lateral, new washer and dryer units at laundry room, New Mini-splits,
New Insulation,
New Siding,
New Paint,
New Drywall, and electrical. Open floor-plan kitchens, plus breakfast nook. The seller manages the short-term-rental unit, and the three other units are rented out full time on a month-to-month basis, so you can start making money as soon as escrow closes, or easily change tenants should you decide to do so. Located between Big Bear Lake and the Village, this property is ideal for visitors and tenants who work in the village, being just a block from the Village shops, dining, and events, as well as Pine Knot Landing! Each unit is metered individually with gas and electricity.

Listing Agent

Ken Simonds

KELLER WILLIAMS BIG BEAR Brokerage Phone: 714-336-1786 License #01877829 Listed on: 03/07/2025

KELLER WILLIAMS BIG BEAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,170

Year Built

  • Built in 1938

Lot Details

  • 5,350 Sq Ft Lot
  • No Common Walls
  • Rural Setting
  • Rectangular Lot
  • Land Lease

Property Views

  • Woods
  • Neighborhood

Home Design

  • Quadruplex
  • Custom Home
  • Wood Product Walls
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Kitchen

  • Gas Range
  • Free-Standing Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 85
  • Tax Tract Number 1746
  • Assessor Parcel Number 0308162470000
  • $2,948 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Community Lake
  • Near a National Forest
  • Mountainous Community
  • Property is near a preserve or public land
  • Valley

Recreation

  • Fishing
  • Hunting
  • Park
  • Dog Park
  • Water Sports
  • Horse Trails
  • Bike Trail

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,800
  • Trash Expense $840
  • Water Sewer Expense $2,632
  • Operating Expense $5,640
  • Gross Income $5,765
  • Net Operating Income $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,170

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Price Per Unit: 191475
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 2632.00
  • Architectural Style: Custom Built
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0308162470000
  • Year Built: 1938
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters, Wood Product Walls
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 569.87
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Neighborhood, Trees/Woods
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Range
  • Heating Type: Natural Gas
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 840.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Curbs, Dog Park, Fishing, Lake, Horse Trails, Park, Hunting, Watersports, Mountainous, Preserve/Public Land, Rural, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5350.00
  • Lot Size Acres: 0.1228

Multi Family

  • Gross Income: 5765.00
  • Gross Scheduled Income: 5765.00
  • Insurance Expense: 4800.00
  • Lot Size Area: 5350.0000 Square Feet
  • Net Operating Income: 1000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 1000.00
  • Rent Control: No
  • Total Expenses: 5640.00

Tax Info

  • Tax Census Tract: 112.05
  • Tax Lot: 85
  • Tax Tract Number: 1746
  • TaxOtherAnnualAssessmentAmount: 2948.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $9,170 $634,644 $126,929 $507,715
2024 $9,170 $622,200 $124,440 $497,760
2023 $8,842 $610,000 $122,000 $488,000
2022 $5,077 $278,773 $57,363 $221,410
2021 $4,936 $273,307 $56,238 $217,069
2020 $4,947 $270,504 $55,661 $214,843
2019 $4,840 $265,200 $54,570 $210,630
2018 $4,691 $260,000 $53,500 $206,500
2017 $4,315 $231,800 $61,800 $170,000
2016 $4,198 $225,000 $60,000 $165,000
2015 $4,205 $225,000 $60,000 $165,000
2014 $4,193 $225,000 $60,000 $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $765,900 +2.1% $570 / Sq Ft
02/26/2025 02/26/25 For Sale $749,900 +22.9% $558 / Sq Ft
07/14/2022 07/14/22 Sold $610,000 +1.7% $454 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $600,000 +130.8% $446 / Sq Ft
08/02/2017 08/02/17 Sold $260,000 0.0% $193 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $259,900 -- $193 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Grant Deed $610,000 Lawyers Title
Interfamily Deed Transfer -- Chicago Title
Grant Deed $260,000 Chicago Title
Grant Deed $230,000 First American Title Ins Co
Trustee Deed $278,537 None Available
Interfamily Deed Transfer -- Southland Title Corporation
Grant Deed $95,000 Commonwealth Land Title Co
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $457,500 New Conventional
Previous Owner $187,500 New Conventional
Previous Owner $166,800 New Conventional
Previous Owner $184,000 Purchase Money Mortgage
Previous Owner $255,000 Unknown
Previous Owner $178,700 Unknown
Previous Owner $91,500 No Value Available
Previous Owner $48,500 Credit Line Revolving
Previous Owner $57,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG25050664

California Regional Multiple Listing Service (CRMLS)

APN: 0308-162-47