744 E Big Bear, Big Bear City, California 92314, Big Bear City, 92314 - 4 bed, 2 bath
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Big Bear City, California 92314
This Residential Income Duplex is a Strong Value Opportunity, listed at $599,999—positioned well below the $611,251 Fair Market Value by 2%. This valuation gap offers $11,252 in Instant Equity. Featuring a Condition Rating of 3, the property includes updated kitchens and windows, providing immediate rental appeal. With one unit currently leased, it offers a stable income stream in the Bear Valley Unified district. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 744 E Big Bear Subject | $599,999* List Price | 4 | 2 | 1,456 | $420 | - |
A 221 E Big Bear Active | $499,999 List Price | 3 | 7 | 1,306 | $383 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1978 but features recent updates to the kitchens, flooring, and windows. The interior is well-maintained, functional, and move-in ready, aligning with the criteria for a property with a 5-15 year renovation profile.
As a well-maintained duplex with one unit already leased at $1,700/month and the other vacant, this property offers immediate cash flow and flexibility for owner-occupancy or short-term rental conversion.
Both units feature modern upgrades including updated windows, kitchens, and flooring, significantly reducing the need for immediate capital expenditures and enhancing tenant appeal.
Situated on a corner lot with mountain views and easy access to Big Bear Blvd, the property is perfectly positioned near local stores, the lake, and major highways for maximum convenience.
Built in 1978, the property may have aging underlying systems such as plumbing or electrical that could require maintenance despite the recent cosmetic and window updates.
With a total of 1,456 square feet divided into two units, the individual living spaces are relatively small, which may limit the tenant pool to smaller households or short-term travelers.
New Duplex Opportunity in Prime Big Bear Location! This well-maintained two-unit duplex features two-level entry units, each offering 2 bedrooms and 1 bathroom. Both units include updated windows, kitchen, and flooring, with washer & dryer hookups, providing a modern and comfortable living experience. Situated on the corner of Shore Drive and Big Bear Blvd, the property offers easy access to local stores, the lake, and major highways, making it ideal for both residents and renters, or short term rentals. Perfect for buyers seeking a low-maintenance investment property with strong income potential. One unit is currently leased at $1,700/month, while the second unit is vacant, offering flexibility to live in one and rent the other or lease both for maximum return. Each unit includes its own separate driveway with ample of parking and private fenced backyard. Buyer to verify all information to their satisfaction.
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 | 1,456 | 1,478 | 50% |
| Lot Size | 5,058 | 5,029 | 50% |
| Price | $600.0K | $505.0K | 50% |
| Price per sq ft | $412 | $343 | 50% |
| Built year | 1978 | 1995 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 66 | 50% |
May 7, 2026
$599,999
Initial Listing
Dec 19, 2024
$435,000
Public Record
Nov 28, 2017
$180,000
Public Record
Oct 9, 2002
$155,000
Public Record