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About This Home
This 10-bedroom, 10-bathroom residential multi family at 2726 View Drive in Running Springs, CA is listed for $1,298,000 ($260 per sqft). Built in 1942, the home offers 5,000 sqft of living space on a 0.65 acres lot.
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 all units are currently rented month-to-month.
Originally building in the 1940’s this property consists of 1 main house with 3 bedroom and 2.5 bathrooms, there is an attached office and 2 attached studio units below, 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. Easy commuter location on Hwy 330 and close to SkyPark at Santa's Village and Snow Valley Skiing.
Key Features
- Built in 1942
- 0.65 acre lot
- 9 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$6,942/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2726 View Drive
Running Springs, CA 92382
Running Springs (RUSG)
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Views
Heating
Cooling
Appliances
Questions & Answers
This 10-bedroom, 10-bathroom residential multi family at 2726 View Drive is listed at $1,298,000 ($260/sqft). The estimated monthly payment is $5,625 based on 20% down at 6.5% interest.
Key features include: Built in 1942, 0.65 acre lot, 9 parking spaces. Interior Features: None. Exterior Features: Community Features Included: Mountainous, Gentle Sloping, Lot 20000-39999 Sqft.
This property is listed by Brian L. Cohen and can be reached at 9093362800 or brian@cohen-realty.com.