345 W Sherwood

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345 W Sherwood

Big Bear City, CA 92314
Asking Price
$570K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The asset is an apartment building with 2 residential units.
  • The property is located at 345 W Sherwood in Big Bear City.
  • This multifamily investment is offered at an asking price of $569,999.
  • The site sits within the scenic San Bernardino mountain region of California.
  • This building serves as a residential asset for potential long-term rental income.

What's Special

This multifamily apartment building contains 2 units and is currently available for purchase in Big Bear City, California. Situated in the San Bernardino Mountains, this property benefits from the area's distinct appeal as a year-round destination, drawing both permanent residents and those seeking access to regional recreational activities. Big Bear City maintains a steady demand for rental housing due to its scenic environment and proximity to mountain amenities. Given the property configuration, this asset presents a practical addition to a residential investment portfolio. Investors may find this site suitable for long-term rental strategies or as a potential owner-occupier arrangement within a growing regional housing market. The location offers accessibility to local services while remaining positioned within a popular submarket of the Southern California landscape.

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NOI
$80,000
Cap Rate
14.04%
DSCR
2.36
Strong
Cash-on-Cash
26.99%
Monthly Payment
$2,820.044
Annual Cash Flow
$46,159.471

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