714 Paine, Big Bear Lake, California 92315, Big Bear Lake, 92315 - bed, bath

714 Paine, Big Bear Lake, California 92315 home-pic-0

714 Paine

Big Bear Lake, California 92315

ACTIVE
CONDITION: POOR
0Beds
0Baths
3,360Sq Ft
12,123Lot Size

Property Price

LIST PRICE$1,015,000

SUMMARY

Analysis of 714 Paine, Big Bear Lake, California 92315 is currently available with a list price of $1,015,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Big Bear Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

The property was built in 1988, making it 36 years old. While one of the four units has been fully updated with modern kitchen appliances, new flooring, and renovated bathrooms, the listing explicitly states that the other three units require 'extensive renovation.' This indicates that the majority of the property is in an outdated state, likely with significant wear and tear and deferred maintenance, pushing the overall condition into the 'Poor' category due to the substantial work needed for most units.

PROSSTRENGTHS & OPPORTUNITIES

  • Multi-Unit Investment Opportunity

    A quadruplex offering four distinct units, providing diversified income streams and strong cash-flow potential for investors or owner-occupants.

  • Exceptional Location & Walkability

    Strategically located within walking distance to Big Bear Lake, dining, shops, and outdoor recreation, enhancing tenant desirability and rental demand.

  • Scenic Views

    Multiple units boast great views, adding significant aesthetic appeal and potentially commanding higher rental rates.

CONSRISKS & DEFICIENCIES

  • Extensive Renovation Required for Most Units

    Only one of the four units is updated, indicating that the remaining three units will require significant capital investment for renovation to maximize their market value and rental income.

  • Property Age & Potential Deferred Maintenance

    Built in 1988, the property is 36 years old, suggesting potential for outdated systems and deferred maintenance across the un-updated units, which could lead to unforeseen expenses.

  • Regulatory Verification Needed for Business Model

    The description advises verifying with the City for boutique rental property conversion, implying potential zoning or permitting challenges that could impact specific business strategies.

About 714 Paine

Prime Four-Unit Opportunity, close to the Lake & Incredible Potential Discover an unbeatable opportunity in Big Bear Lake. This four-unit property sits just down the street from the lake with stunning views and a world of possibilities. Live in one unit and rent the rest, or transform it into a boutique rental property (verify with City)—the location and layout are ripe for growth. Each unit features two bedrooms and one-and-a-half baths, with endless potential to customize and optimize income. Four total two-bedroom, one-and-a-half-bath units, One unit fully updated, with in-unit washer and dryer, Walking distance to the lake, dining, shops, and outdoor recreation. Great views from multiple units; excellent cash-flow potential. Don’t miss this must-see opportunity. Contact me to schedule a tour and explore all the possibilities this four-unit property offers.

Property Details

Public Facts

Property Type
Quadruplex
Year Built
1988
Lot Size
12,123 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
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Built year1988-
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Pricing History

Listed for Sale

Jan 14, 2026

$1,015,000

Initial Listing

Sold

Jul 22, 2021

$795,000

Public Record

Sold

Nov 1, 2017

$380,000

Public Record

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