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Charming 5-Unit Investment Opportunity in Prime Big Bear Lake We're proud to present The Jeffries Apartments, a rare and well-positioned five-unit multifamily investment in the heart of Big Bear Lake, just east of the bustling intersection of Big Bear Blvd and Main Street. Operating at a 5.7% CAP rate, this income-producing property offers both stability and upside in one of Southern California's top year-round vacation destinations. Built in 1947, the property features one detached 2-bed, 2-bath single-family residence and four fully rehabbed studio units, all situated on a generous 8,745 SF lot. Each studio has been thoughtfully updated with modern flooring, kitchens, bathrooms, and windows, offering turnkey appeal to renters and low maintenance for owners. Additional highlights include six on-site parking spaces, a shared laundry room, and strong rental demand thanks to the area's tourism-driven economy. With Big Bear's endless outdoor recreation"”from skiing and snowboarding in the winter to hiking, fishing, and biking in the summer"”this property offers investors a unique opportunity in a high-demand, lifestyle-driven market. Drive by only"”please do not disturb tenants.
Property Type(s):
Residential Income
| Last Updated | 7/7/2025 | Year Built | 1947 |
|---|---|---|---|
| Community | 289 - Big Bear Area | County | San Bernardino |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Oven, Gas Range |
| AREA | 289 - Big Bear Area |
| HEAT | Wall Furnace |
| LOT | 8747 sq ft |
| LOT DESCRIPTION | Front Yard, Rectangular Lot |
| PARKING | Concrete, Driveway, On Site |
| POOL DESCRIPTION | None |
| SEWER | Unknown |
| STORIES | 1 |
| STYLE | Bungalow |
| UTILITIES | Electricity Available, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake, Mountain(s), Neighborhood, Trees/Woods |
| WATER | Private |
Location
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Listed with PARTNER Real Estate
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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