
Big Bear City, California 92314
This High-Potential Investment Opportunity is a versatile duplex listed at $469,000, positioned slightly above the $446,668 Fair Market Value. While the property requires modernization due to its Fair Condition Rating, the dual-unit layout provides immediate flexibility for house-hacking or rental income. Featuring a fenced backyard, storage sheds, and brick fireplaces, the asset offers significant value-add potential through cosmetic updates. Its central location in the Bear Valley Unified district ensures strong tenant demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating mountain residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 432 E Big Bear Boulevard Subject | $469,000* List Price | 4 | 2 | 1,728 | $258 | - |
A 720 E Big Bear Pending | $425,000 List Price | 0 | 0 | 1,500 | $283 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1978 (46 years old) and appears to have original or very dated kitchens and bathrooms. While functional and move-in ready, the interior features popcorn ceilings, older wall heaters, and 30+ year old cabinetry and appliances that require modernization to meet current standards.
The property offers unique flexibility to function as either a large single-family residence or a dual-unit duplex, allowing for house-hacking, multi-generational living, or multiple rental income streams.
Situated in the heart of Big Bear City, the property provides excellent walkability and proximity to local restaurants, convenience stores, and public transportation, increasing its appeal for tenants and vacationers.
Both units are currently vacant and feature desirable mountain amenities like brick fireplaces and laundry hookups, facilitating an immediate move-in or rapid placement on the rental market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4500, other record lot size in square feet = 7461.
Built in 1978, the property may require capital improvements or aesthetic updates to its systems and interiors to meet modern energy efficiency standards and contemporary buyer preferences.
The 4,500-square-foot lot is relatively compact for the region, which may limit privacy and outdoor recreational opportunities compared to larger mountain parcels.
CENTRALLY LOCATED IN THE HEART OF BIG BEAR CITY, THIS RESIDENTIAL INCOME INVESTMENT OFFERS THE FLEXIBILITY TO SERVE AS A SINGLE FAMILY HOME OR LOCK THE DOOR AT THE TOP OF THE STAIRS AND CONTINUE TO USE AS A PROFITABLE DUPLEX! Keep one for you and your loved ones, rent the other full time or put on a short term vacation rental. Each unit has its own kitchen with fridge and stove, an open living area with brick fireplace and 2 bedrooms and 1 bath. Ground-level unit includes laundry hookups. Fenced back yard with paver walkway and 2 storage sheds. Moments to convenience store, restaurants, public transportation and local post office. Excellent off-street parking. Both units are vacant, making it easy to show by lockbox. Don't miss out on this versatile property in Big Bear City. Schedule a viewing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 50% |
| Square foot | 1,728 | 1,614 | 50% |
| Lot Size | 4,500 | 4,750 | 50% |
| Price | $469.0K | $439.5K | 50% |
| Price per sq ft | $271 | $272 | 50% |
| Built year | 1978 | 1995 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 59 | 50% |
May 7, 2026
$469,000
Initial Listing
Jul 13, 2005
$45,000
Public Record
Jul 31, 2002
$9,000
Public Record