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45332 5th Street, Big Bear City, California 92314, Big Bear City, 92314 - 5 bed, 2 bath

45332 5th Street, Big Bear City, California 92314 home-pic-0
ACTIVE$450,000
45332 5th Street, Big Bear City, California 92314
5Beds
2Baths
1,782Sqft
7,500Lot

Price Vs. Estimate

The estimated value ($450,000) is $0 (0%) lower than the list price ($450,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating Potential: The property is explicitly 'cash flowing and income producing, currently Tenant occupied,' offering immediate return on investment for a buyer.
Top Cons:
Manufactured Home Status: Classified as a 'manufactured home on a permanent foundation,' which may limit financing options (e.g., FHA/VA loans) and potentially impact appraisal and resale value compared to traditional stick-built homes.

Compared to the nearby listings

Price:$450.0K vs avg $420.0K (+$30,000)56%
Size:1,782 sqft vs avg 1,304 sqft79%
Price/sqft:$253 vs avg $3518%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this property is 20 years old, fitting the 'Good' category's age range. The description highlights significant recent updates including a new roof, new exterior wood stain, new interior paint, and new flooring throughout. The cabinetry has been refinished, making the kitchen and one bathroom appear fresh and clean, although the main kitchen countertops, some bathroom fixtures, and lighting are functional but not fully modernized. The property is move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria.
Year Built
2005
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
$253
HOA
-
Days on market
-
Sold On
-
MLS number
25573583
Home ConditionGood
Features
Excellent View: Mountain(s), Valley, Trees/Woods
Deck
Patio
ViewMountain(s), Valley, Trees/Woods

About this home

Amazing Views!!! Mountain retreat with spacious 5 bedrooms/2 bathrooms in the Big Bear, Baldwin Lake area. The unit is cash flowing and income producing, currently Tenant occupied. Large deck for outdoor get togethers. The the 5th bedroom is actually a den/office with sliding glass doors leading outside. New roof, new exterior wood stain, new interior paint, new flooring, refinished cabinetry, and a lot more. The living room features a cozy fireplace for those cold winter nights. Washer and dryer inside the unit. The kitchen features an island with butcher block countertops. Plenty of parking available. Short drive to the slopes, lake, shopping, and other amenities. Comes with its own well, no hauling water, a sewer holding tank, propane gas, public electricity. Manufactured home on a permanent foundation. Please do not disturb and speak to the occupants. Photos were taken before the Tenants move-in.

Condition Rating
Good
Built in 2005, this property is 20 years old, fitting the 'Good' category's age range. The description highlights significant recent updates including a new roof, new exterior wood stain, new interior paint, and new flooring throughout. The cabinetry has been refinished, making the kitchen and one bathroom appear fresh and clean, although the main kitchen countertops, some bathroom fixtures, and lighting are functional but not fully modernized. The property is move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria.
Pros & Cons

Pros

Income-Generating Potential: The property is explicitly 'cash flowing and income producing, currently Tenant occupied,' offering immediate return on investment for a buyer.
Extensive Recent Upgrades: Features a 'new roof, new exterior wood stain, new interior paint, new flooring, and refinished cabinetry,' significantly reducing immediate maintenance and renovation needs for a new owner.
Prime Mountain Retreat Location & Views: Situated in Big Bear City with 'Amazing Views' of mountains, valleys, and trees, and a 'short drive to the slopes, lake, shopping, and other amenities,' enhancing its appeal as a vacation or permanent home.
Spacious Layout & Desirable Amenities: Offers a generous 5 bedrooms (including a versatile den/office), 2 bathrooms, a large deck for entertaining, a cozy fireplace, a kitchen with an island, and in-unit laundry, catering to comfort and functionality.
Self-Sufficient Utilities: Benefits from its 'own well' for water and propane gas, providing independence from municipal services and potentially lower utility costs in a rural setting.

Cons

Manufactured Home Status: Classified as a 'manufactured home on a permanent foundation,' which may limit financing options (e.g., FHA/VA loans) and potentially impact appraisal and resale value compared to traditional stick-built homes.
Tenant Occupied with Access Restrictions: Currently 'Tenant occupied,' requiring buyers not to disturb occupants, and listing photos were taken before tenant move-in, which limits showing flexibility and current visual assessment of the property's condition.
Sewer Holding Tank System: Utilizes a 'sewer holding tank,' which requires regular pumping and maintenance, unlike a standard septic or public sewer system, potentially incurring ongoing costs and inconvenience for the owner.

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