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Two-Unit Mixed-Use Property
For Sale
$715,000

40565 Big Bear, Big Bear Lake, CA 92315

Separate commercial and residential units create a flexible configuration for ownership or occupancy.

Property Size2,504 SF
Days on Market140

Property Features for 40565 Big Bear

General Information

Standard status Active
Size 2,504 SF
Property subtype Investment

Units

Unit Mix 1 x 3BR/2BA
Multifamily Units 1

Building Details

Building Size 2,504 SF
Year Built 1979
Stories 2
Units 2
Listing Agency: Finsight Group Inc.
Listed By: Ruby Truong · License #02101412
Source: Elliman
Added: May 29 Changed: Oct 11 Last Checked: Oct 15 at 12:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Finsight Group Inc.

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Investment Insights

Based on property information with market context.

Located at 40565 Big Bear Blvd in Big Bear Lake, this mixed-use property contains two separate units with distinct commercial and residential components. The front unit is commercial and includes two bathrooms. A rear residential unit provides three bedrooms and two bathrooms, creating a clear separation between the two configurations.

The property is situated near Big Bear Lake, the marina, Big Bear Village shops and restaurants, and other visitor destinations. Its placement within the area’s commercial and recreation corridor provides location context serving both visitors and residents. Zoning, permitted uses, permits, square footage, parking, rental restrictions, short-term rental eligibility, and other property details require independent verification.

Key Highlights

  • Two‑unit property with commercial/residential configuration
  • Front commercial unit includes two bathrooms
  • Rear residential unit offers three bedrooms and two bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,473
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,460 $589.5K
Cap Rate 7%
$421,043 $421.0K
Cap Rate 9%
$327,478 $327.5K
Market Conditions
NOI Build-Up for 2,504 SF
Gross rent
$42.7K $17.04/SF
− Vacancy
−$3.4K −$1.35/SF
EGI
$39.3K $15.69/SF
− OpEx
−$9.8K −$3.92/SF
NOI
$29.5K $11.77/SF
Area
San Bernardino County, CA
Vacancy
7.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,460
Cap Rate 7%
$421,043
Cap Rate 9%
$327,478

Alternative Uses

Best Use
Office B
$421.0K
$368.4K – $491.2K (±1% cap)
NOI $29,473 @ 7.0% cap · market cap 4.12%
Second Best
Mixed Use
$290.0K
$253.8K – $338.4K (±1% cap)
NOI $20,301 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$528.2K
$462.2K – $616.2K (±1% cap)
NOI $36,973 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Grocery & Convenience Store Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

712
Businesses Nearby

Demographics for 92315, CA

5,148
Population
9,861
Households
0.5
Avg Household Size
51
Median Age
34%
College-Educated
92%
High-School Grad
29.4 sq mi
ZIP Area
175
Density / Sq Mi
$79,293
Median Household Income
$43,778
Median Earnings
$1,278
Median Rent
$538,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Separate commercial and residential units create a flexible configuration for ownership or occupancy.
Where is this mixed-use property located?
The property is located at 40565 Big Bear Big Bear Lake, CA.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Two‑unit property with commercial/residential configuration; Front commercial unit includes two bathrooms; Rear residential unit offers three bedrooms and two bathrooms
More about this property
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