NOT LISTED FOR SALE
33 Beds
33 Baths
14,904 Sq Ft
0.58 Acre Lot

Sale Details

Date Sold: April 16, 2021

Last sale price $1,900,000 $127 Per Sq Ft

1298 Days on Market

Highlights

  • Indoor Pool
  • No HOA
  • Laundry Facilities
  • 0.58 Acre Lot
  • Central Heating

About This Home

As of April 2021

Conveniently located right next to the Bowling Barn and Funplex on Lynn Rd. This is the second part of a former franchise hotel business. It has 33 interior corridor motel rooms. The location is within walking distance to the fine dining and cinemas in the Big Bear Lake Village. There is an unused indoor swimming pool. The business is composed of two separate buildings. There is another 33-room main building across a street on Big Bear Blvd under a different listing. In addition, there are three immediately adjacent empty lots for further development under yet another land listing. They could all be purchased together.

This listing price is without the current motel business.

Last Agent to Sell the Property

Ralph Liu

InvestorsAlly Realty License #01342940 Listed on: 09/18/2017

Last Buyer's Agent

Lance Yabut

ELITE REALTY SERVICES License #01853929

ELITE REALTY SERVICES
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 25,300 Sq Ft Lot
  • No Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 33 Car Garage

Interior Spaces

  • 14,904 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 33 Bedrooms
  • 33 Bathrooms

Pool

  • Indoor Pool

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 17001
  • Assessor Parcel Number 0308147100000

Community Details

Overview

  • No Home Owners Association
  • 33 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0.58 Acres

Parking

33

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 0308147100000
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 127.48

Exterior Features

  • Pool Features: Community, Indoor
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 33.00
  • Total Parking Spaces: 33.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 25300.00
  • Lot Size Acres: 0.5808
  • Latitude Manual: 34.24230500

Multi Family

  • Lot Size Area: 25300.0000 Square Feet
  • Number Of Units Total: 33
  • Rent Control: No

Tax Info

  • Tax Area: 17001
  • Tax Census Tract: 112.05
  • Tax Lot: 52
  • Tax Tract Number: 17001

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

Closed on
Apr 19, 2023
Sold by
Lance Yabut
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 18, 2017
Closed on
Apr 15, 2021
Sold by
Yabut Angel
Bought by
Yabut Lance
Seller's Agent
Ralph Liu
InvestorsAlly Realty
Buyer's Agent
Lance Yabut
ELITE REALTY SERVICES
List Price
$2,200,000
Sold Price
$1,900,000
Premium/Discount to List
-$300,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 18, 2017
Closed on
Apr 14, 2021
Sold by
Cbt Enterprises Llc
Bought by
Yabut Lance
Seller's Agent
Ralph Liu
InvestorsAlly Realty
Buyer's Agent
Lance Yabut
ELITE REALTY SERVICES
List Price
$2,200,000
Sold Price
$1,900,000
Premium/Discount to List
-$300,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2005
Sold by
Maa Hospitality Inc
Bought by
Cbt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,650,000
Interest Rate
6.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2004
Sold by
Bgn Investments Ltd
Bought by
Maa Hospitality Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,590,000
Interest Rate
6.27%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Big Bear Lake, CA

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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
-- Chicago Title
Yabut Lance -- Western Resources
Yabut Lance $1,900,000 Western Resources
Cbt Llc $2,700,000 Fidelity National Title Co
Maa Hospitality Inc $1,850,000 Fidelity National Title Co
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 $1,900,000
Closed Sierra Blue Suites Llc $950,000
Previous Owner -- $950,000
Previous Owner Cbt Llc $2,650,000
Previous Owner Maa Hospitality Inc $1,590,000
Previous Owner Maa Hospitality Inc $1,590,000
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
04/16/2021 04/16/21 Sold $1,900,000 -13.6% $127 / Sq Ft
02/16/2021 02/16/21 Price Changed $2,200,000 0.0% $148 / Sq Ft
02/16/2021 02/16/21 For Sale $2,200,000 +15.8% $148 / Sq Ft
09/24/2020 09/24/20 Off Market $1,900,000 -- --
09/16/2018 09/16/18 Price Changed $1,900,000 +18.8% $127 / Sq Ft
09/18/2017 09/18/17 For Sale $1,600,000 -- $107 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $30,094 $2,097,753 $441,632 $1,656,121
2025 $30,094 $2,056,621 $432,973 $1,623,648
2024 $28,981 $2,016,295 $424,483 $1,591,812
2023 $27,978 $1,976,760 $416,160 $1,560,600
2022 $20,432 $1,339,274 $180,286 $1,158,988
2021 $19,937 $1,313,014 $176,751 $1,136,263
2020 $20,088 $1,299,551 $174,939 $1,124,612
2019 $19,627 $1,274,070 $171,509 $1,102,561
2018 $19,005 $1,249,088 $168,146 $1,080,942
2017 $18,510 $1,224,596 $164,849 $1,059,747
2016 $18,111 $1,200,585 $161,617 $1,038,968
2015 $17,979 $1,182,551 $159,189 $1,023,362
2014 $14,905 $900,000 $140,000 $760,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17216073

California Regional Multiple Listing Service (CRMLS)

APN: 0308-147-10

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