491 Imperial, Sugarloaf, California 92386, Sugarloaf, 92386 - 1 bed, 1 bath
ACTIVE$250,000
491 Imperial, Sugarloaf, California 92386
1Bed
1Bath
504Sqft
2,500Lot
Price Vs. Estimate
The estimated value ($250,000) is $0 (0%) lower than the list price ($250,000). This property may be overpriced.
Key pros and cons
Top Pros:
Income-Generating Potential: The property is explicitly marketed as ready to generate income and comes with a newly issued short-term rental permit, making it an attractive investment opportunity.
Top Cons:
Compact Living Space: With only 504 square feet, the property offers very limited interior living space, which may restrict occupancy or appeal to buyers seeking more room.
Compared to the nearby listings
Price:$250.0K vs avg $305.0K ($-55,000)29%
Size:504 sqft vs avg 899 sqft11%
Price/sqft:$496 vs avg $34789%
More Insights
Built in 1977 (48 years old).
Condition: Despite being built in 1977, this property has undergone extensive and recent renovations, aligning with the 'extensively renovated within 5 years' criteria for an excellent score. The listing explicitly states an updated kitchen with stone countertops and beautiful cabinetry, an updated bath, recent replumbing, a new tankless water heater, newer roof, dual pane windows, and fresh exterior paint. Images confirm modern kitchen appliances, granite countertops, and a contemporary, clean bathroom with updated fixtures and tiling. The property is also being sold fully furnished with brand new furniture, indicating a turn-key condition with virtually new components and no deferred maintenance.
Year Built
1977
Close
-
List price
$250K
Original List price
$270K
Price/Sqft
$496
HOA
-
Days on market
-
Sold On
-
MLS number
IG25222393
Home ConditionExcellent
Features
Spa
ViewNeighborhood
About this home
Good things come in small packages, just like this amazing light and bright chalet ready to generate you income when you're not using it. It has an updated kitchen with stone countertops & beautiful cabinetry, an open floor plan, updated bath, magical private back yard and soothing spa. It was recently replumbed and has a new tankless water heater, newer roof, dual pane windows, and the exterior paint is fresh. The outside feels even more spacious because it's located next to a large empty corner lot. It's being sold fully furnished with brand new furniture and a newly issued short term rental permit.
Nearby schools
4/10
Baldwin Lane Elementary School
Public,•K-6•0.5mi
3/10
Big Bear Middle School
Public,•7-8•4.0mi
6/10
Big Bear High School
Public,•9-12•0.4mi
Condition Rating
Excellent
Despite being built in 1977, this property has undergone extensive and recent renovations, aligning with the 'extensively renovated within 5 years' criteria for an excellent score. The listing explicitly states an updated kitchen with stone countertops and beautiful cabinetry, an updated bath, recent replumbing, a new tankless water heater, newer roof, dual pane windows, and fresh exterior paint. Images confirm modern kitchen appliances, granite countertops, and a contemporary, clean bathroom with updated fixtures and tiling. The property is also being sold fully furnished with brand new furniture, indicating a turn-key condition with virtually new components and no deferred maintenance.
Pros & Cons
Pros
Income-Generating Potential: The property is explicitly marketed as ready to generate income and comes with a newly issued short-term rental permit, making it an attractive investment opportunity.
Extensive Modern Updates: Significant recent renovations include an updated kitchen with stone countertops, updated bath, new tankless water heater, newer roof, dual pane windows, fresh exterior paint, and replumbing, minimizing immediate maintenance needs.
Turn-Key & Fully Furnished: Sold fully furnished with brand new furniture, the property is ready for immediate occupancy or rental operations without additional setup costs or effort.
Private Outdoor Oasis: Features a 'magical private back yard' with a 'soothing spa,' providing an appealing and relaxing outdoor amenity for residents or guests.
Perceived Expanded Outdoor Space: Its location next to a large empty corner lot creates a sense of more spacious outdoor surroundings, enhancing privacy and openness.
Cons
Compact Living Space: With only 504 square feet, the property offers very limited interior living space, which may restrict occupancy or appeal to buyers seeking more room.
Recent Price Reductions: The listing history shows multiple price reductions from the original list price, which could suggest initial overpricing or market resistance.
Older Core Structure: Despite extensive updates, the property was built in 1977, which may imply older underlying infrastructure not covered by recent renovations or a preference for newer construction by some buyers.