Running Springs, CA 92382 2726 View Drive
$1,298,000
3 more
Presented By: BRIAN L. COHEN with ARROWHEAD PREMIER PROPERTIES; 909-336-2800
Beds • 80
Full/Half Baths • 2 / 1
SQFT • 5,000
Year Built • 1942
Home Details
Located in the San Bernardino Mountains between Lake Arrowhead and Big Bear, this property is licensed and registered as MOTEL in the County of San Bernardino however, operates as multi-family. Units mostly consist of individual 1 bedroom/1 bathroom cabins and are all units are currently rented month-to-month. Originally building in the 1940’s this motel consists of 1 main house with 3 bedroom and 2.5 bathrooms, there is an attached office and 2 attached studio units, plus 5 stand-alone cabins. For additional revenue, there is a coin-op laundry on site. This sits on a large street-to-street property with room for expansion. All units are well maintained with updates and are currently rented and property is professionally managed. Live in the main house and enjoy the revenue from the units to cover your living expenses or operate as a nightly motel. Great Cash Flow - Lots of potential.
Presented By: BRIAN L. COHEN with ARROWHEAD PREMIER PROPERTIES; 909-336-2800
Interior Features for 2726 View Drive
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringTile, Vinyl, Wood
Heating Y/NYes
Laundry FeaturesCommonArea, SeeRemarks
Total Stories1
Other Rooms
Entry Level1
General for 2726 View Drive
AccessibilityNone
Additional Parcels Y/NNo
AppliancesGasRange, Refrigerator, WaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityRunning Springs
Community FeaturesMountainous
CoolingNone
CountySan Bernardino
Current FinancingNone
DirectionsHilltop (hwy 18) to View Dr
Electric Expense18107.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income120000.0
HOANo
HOA Fee$0.0
HeatingCentral, WallFurnace
Home Warranty Y/NNo
Insurance Expense6000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet28370.0
Lot Size UnitsSquareFeet
MLS Area288 - Running Springs
MobileHomeRemainsYNNo
Net Operating Income83500.0
New ConstructionNo
Number Of Units Total8
Number of Units Leased8
Ok to LeaseMonthToMonth
Operating Expense58000.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories2
Subdivision NameRunning Springs (RUSG)
Tax Lot2
Tenant PaysNone
Trash Expense0.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1942
Year Built SourceAssessor
ZoningHT/RS-10M
Exterior for 2726 View Drive
Building Area Total5000.0
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesGentleSloping
Lot Size Acres0.6513
Lot Size Area28370.0
Lot Size SourceAssessor
Number of Buildings5
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAsphalt
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Justin Hughey
Price
$1,298,000
MLS#EV24106201
List Date
05/27/2024
Property Type
Multi-Family
Phone
(562) 818-1655
