2726 View Drive, Running Springs, CA 92382
- $1,298,000
- List Price
- $1,298,000
- Status
- ACTIVE
- MLS#
- IG26099536
- Year Built
- 1942
- Lot Size
- 28,370
- Acres
- 0.65
- Lot Location
- Gentle Sloping
- Days on Market
- 83
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
- Neighborhood
- Running Springs (Rusg)
Property Description
Located in the San Bernardino Mountains between Lake Arrowhead and Big Bear, this property is licensed and registered as MOTEL in the County of San Bernardino however, operates as multi-family. Units mostly consist of individual 1 bedroom/1 bathroom cabins and all units are currently rented month-to-month. Originally building in the 1940’s this property consists of 1 main house with 3 bedroom and 2.5 bathrooms, there is an attached office and 2 attached studio units below, plus 5 stand-alone cabins. For additional revenue, there is a coin-op laundry on site. This sits on a large street-to-street property with room for expansion. All units are well maintained with updates and are currently rented and property is professionally managed. Live in the main house and enjoy the revenue from the units to cover your living expenses or operate as a nightly motel. Great Cash Flow - Lots of potential. Easy commuter location on Hwy 330 and close to SkyPark at Santa's Village and Snow Valley Skiing.
Additional Information
- Appliances
- Gas Range, Refrigerator, Water Heater
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Central, Wall Furnace
- Cooling Description
- None
- View
- None
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $120,000
- Operating Expense
- 58000
Listing courtesy of Listing Agent: Brian L. Cohen (brian@cohen-realty.com) from Listing Office: ARROWHEAD PREMIER PROPERTIES.
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