904 Angeles Blvd
Big Bear City, CA 92314
$550,000
4 bd · 3 ba · 1,632 sqft · Listed 25d ago
View on Realtor.com →Year built
1970
Sqft
1,632
Lot sqft
5,001
HOA / mo
$0
Furnished
Yes
List date
2026-09-04T16:04:58.000000Z
Revenue
Annual revenue
$32,549
ADR
$343
Occupancy
26%
Cleaning fees (12 mo)
$4,943
Confidence
Low (30.08), 32 comps
Comp revenue range (p25 / median / p75)
Bright and Airy Big Bear Cabin
House · 4 bd · 2 ba · sleeps 8 · 0.4 mi
Revenue $23,383ADR $182Occ ≈ 35%4.5★ (27)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Pine Forest Cabin (beautiful fenced yard & deck!) Cabin | 4 bd · 3 ba · sleeps 10 | $47,694 | $461 | 28% | 5★ (116) | 0.2 mi | AirbnbVrbo |
Cabin Compound Perfect For Large Groups! Pets Ok! Cabin | 4 bd · 3 ba · sleeps 16 | $44,671 | $782 | 16% | 4.8★ (33) | 0.3 mi | AirbnbVrbo |
Beautiful Remodeled Home/Hot Tub/Near Ski & Lake Cabin | 4 bd · 2 ba · sleeps 8 | $22,790 | $407 | 15% | 4.8★ (52) | 0.3 mi | AirbnbVrboBooking |
Cozy Bear Lodge- Modern, Clean Cabin w Private spa House | 4 bd · 2 ba · sleeps 12 | $3,002 | $264 | 3% | 5★ (2) | 0.4 mi | AirbnbBooking |
Bright and Airy Big Bear Cabin House | 4 bd · 2 ba · sleeps 8 | $23,383 | $182 | 35% | 4.5★ (27) | 0.4 mi | Airbnb |
Fun-Filled Big Bear Retreat for Families & Friends House | 4 bd · 2 ba · sleeps 10 | $23,136 | $306 | 21% | 4.2★ (4) | 0.4 mi | AirbnbVrboBooking |
Downtime: Pickleball near Lake & Slopes Cabin | 4 bd · 3 ba · sleeps 8 | $33,498 | $250 | 37% | 4.7★ (165) | 0.4 mi | AirbnbVrbo |
Bear Den Chalet | 4 bd · 3 ba · sleeps 8 | $64,483 | $379 | 47% | 4.9★ (287) | 0.4 mi | AirbnbVrbo |
Laugh, Play & Chill in Big Bear’s Golden Bear Cabin | 4 bd · 2 ba · sleeps 10 | $24,871 | $262 | 26% | 4.1★ (11) | 0.4 mi | AirbnbVrbo |
"Cabana Del Oso" New Villa, AC, pool tbl. Villa | 4 bd · 3 ba · sleeps 10 | $1,942 | $647 | 1% | — | 0.4 mi | AirbnbVrbo |
Show all 32 comps
Modern Whitehouse
House · 4 bd · 3.5 ba · sleeps 10 · 0.4 mi
Revenue $50,950ADR $646Occ ≈ 22%5★ (18)
The Maple Ridge + Hot-Tub/BBQ & Game Room!
House · 4 bd · 2.5 ba · sleeps 10 · 0.4 mi
Revenue $28,791ADR $419Occ ≈ 19%3.8★ (12)
Golden Bear - Comfy cabin, short drive to the lake! Ping Pong and Pool Table! Darts and Air Hockey!
Vacation home · 4 bd · 2 ba · sleeps 10 · 0.5 mi
Revenue $33,857ADR $344Occ ≈ 27%—
Wooden Gazebo Fire Pit, Game Room, Streaming Services, and More!
House · 4 bd · 2 ba · sleeps 10 · 0.5 mi
Revenue $4,754ADR $311Occ ≈ 4%—
Wooden Gazebo Fire Pit Game room and More
House · 4 bd · 2 ba · sleeps 10 · 0.5 mi
Revenue $18,663ADR $401Occ ≈ 13%—
Play Big Bear - Relaxing Bear City Family Retreat- Pool Table - Foosball - Arcade Games
Vacation home · 4 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $28,800ADR $287Occ ≈ 27%—
Skylight Chalet - 4 BR/2.5 Bath Home, Sleeps 8
House · 4 bd · 2.5 ba · sleeps 10 · 0.5 mi
Revenue $10,667ADR $462Occ ≈ 6%5★ (80)
Gambrel StylePet FriendlyYardFireplace
House · 4 bd · 3 ba · sleeps 8 · 0.6 mi
Revenue $16,447ADR $306Occ ≈ 15%—
Gambrel Style, pet friendly, enclosed yard, streaming, fireplace, and more.
House · 4 bd · 3 ba · sleeps 8 · 0.6 mi
Revenue $4,476ADR $334Occ ≈ 4%—
SuperHost's creation: MiniCastle
House · 4 bd · 2 ba · sleeps 10 · 0.6 mi
Revenue $36,223ADR $322Occ ≈ 31%5★ (90)
The malabear cabin #2160
Vacation home · 4 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $77,218ADR $1,827Occ ≈ 12%—
Cozy A-Frame Cabin | Decks, Pines & Mountain Vibes
House · 4 bd · 2 ba · sleeps 10 · 0.8 mi
Revenue $4,140ADR $92Occ ≈ 12%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Modern Whitehouse House | 4 bd · 3.5 ba · sleeps 10 | $50,950 | $646 | 22% | 5★ (18) | 0.4 mi | Airbnb |
The Maple Ridge + Hot-Tub/BBQ & Game Room! House | 4 bd · 2.5 ba · sleeps 10 | $28,791 | $419 | 19% | 3.8★ (12) | 0.4 mi | Airbnb |
Golden Bear - Comfy cabin, short drive to the lake! Ping Pong and Pool Table! Darts and Air Hockey! Vacation home | 4 bd · 2 ba · sleeps 10 | $33,857 | $344 | 27% | — | 0.5 mi | Booking |
Wooden Gazebo Fire Pit, Game Room, Streaming Services, and More! House | 4 bd · 2 ba · sleeps 10 | $4,754 | $311 | 4% | — | 0.5 mi | Vrbo |
Wooden Gazebo Fire Pit Game room and More House | 4 bd · 2 ba · sleeps 10 | $18,663 | $401 | 13% | — | 0.5 mi | Vrbo |
Spring Retreat Family Cabin Hot Tub+BBQ+Game Room Cabin | 4 bd · 3 ba · sleeps 10 | $32,911 | $517 | 17% | 5★ (91) | 0.5 mi | AirbnbVrbo |
Play Big Bear - Relaxing Bear City Family Retreat- Pool Table - Foosball - Arcade Games Vacation home | 4 bd · 2 ba · sleeps 8 | $28,800 | $287 | 27% | — | 0.5 mi | Booking |
Gambrel StylePet FriendlyYardFireplace House | 4 bd · 3 ba · sleeps 8 | $23,677 | $357 | 18% | 5★ (4) | 0.5 mi | AirbnbVrboBooking |
Skylight Chalet - 4 BR/2.5 Bath Home, Sleeps 8 House | 4 bd · 2.5 ba · sleeps 10 | $10,667 | $462 | 6% | 5★ (80) | 0.5 mi | Airbnb |
5 Mi to Snow Summit: Cabin w/ Deck & Fireplace Cabin | 4 bd · 3 ba · sleeps 9 | $12,662 | $394 | 9% | 4.5★ (23) | 0.5 mi | AirbnbVrboBooking |
Gambrel StylePet FriendlyYardFireplace House | 4 bd · 3 ba · sleeps 8 | $16,447 | $306 | 15% | — | 0.6 mi | Vrbo |
Gambrel Style, pet friendly, enclosed yard, streaming, fireplace, and more. House | 4 bd · 3 ba · sleeps 8 | $4,476 | $334 | 4% | — | 0.6 mi | Vrbo |
Wooden Gazebo Fire Pit Game room and More House | 4 bd · 2 ba · sleeps 10 | $12,979 | $397 | 9% | 3.6★ (12) | 0.6 mi | AirbnbVrboBooking |
Modern Cabin with Hot Tub, Arcade, Fire Pit, AC Cabin | 4 bd · 2 ba · sleeps 10 | $60,431 | $308 | 54% | 4.8★ (206) | 0.6 mi | AirbnbVrbo |
SuperHost's creation: MiniCastle House | 4 bd · 2 ba · sleeps 10 | $36,223 | $322 | 31% | 5★ (90) | 0.6 mi | Airbnb |
The malabear cabin #2160 Vacation home | 4 bd · 2 ba · sleeps 8 | $77,218 | $1,827 | 12% | — | 0.6 mi | Booking |
4BR Cabin WoodStove, Outdoor Spa & Firepit Cabin | 4 bd · 2 ba · sleeps 8 | $33,862 | $523 | 18% | 5★ (29) | 0.6 mi | AirbnbVrbo |
4 Bedroom cabin, fenced yard, EV charging Cabin | 4 bd · 2 ba · sleeps 8 | $19,413 | $317 | 17% | 4.8★ (60) | 0.7 mi | AirbnbVrbo |
Rustic Big Bear Cabin Cabin | 4 bd · 4 ba · sleeps 8 | $15,199 | $290 | 14% | 4.7★ (33) | 0.7 mi | AirbnbVrbo |
FamCabin |TheaterRoom|GameRoom|EVCharger|Pets Cabin | 4 bd · 3 ba · sleeps 10 | $74,920 | $690 | 30% | 5★ (127) | 0.7 mi | AirbnbVrbo |
High Altitude Hideaway With Jacuzzi & Game Room Cabin | 4 bd · 2.5 ba · sleeps 10 | $49,419 | $548 | 25% | 5★ (62) | 0.7 mi | AirbnbVrboBooking |
Cozy A-Frame Cabin | Decks, Pines & Mountain Vibes House | 4 bd · 2 ba · sleeps 10 | $4,140 | $92 | 12% | — | 0.8 mi | Airbnb |
Revenue and nightly rate (ADR) are trailing-12-month figures per listing. Occupancy is estimated as revenue ÷ ADR ÷ 365 and can read high when revenue includes cleaning fees.
Cash flow calculator
Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$32,549
NOI
$10,380
Cash flow /mo
-$2,099
Cash needed
$159,500
Cash-on-cash
-15.8%
ROE (yr 1)
-3.2%
Cap rate
1.9%
DSCR
0.29
Year-1 write-off
$140,896
Year-1 tax shield @ 32%
$45,087
Year-1 return on equity
- Cash flow (annual)-$25,185
- Principal paydown$3,599
- Appreciation at%$16,500
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$6,510
- Platform fees (3% of revenue)$976
- Maintenance / capex (5% of revenue)$1,627
- Utilities & supplies$4,200
- HOA$0
- Property tax$6,875
- Insurance (STR-rated)$2,805
Cash needed to close
- Down payment (25%)$137,500
- Closing costs (4.0%)$22,000
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$45,087
Property tax, insurance rate and the land/building split come from this listing's county tax record; other assumptions match the daily feed (see tasks/plan.md).
The write-off comes from the cost segregation estimate below. Not tax advice.
Cost segregation estimate
An estimate from the listing: every part of the home is priced from national construction costs, less wear for age, and the price (less land) is spread over the parts in proportion. The headline is what a typical cost seg study would claim for this property. The answers below are optional refinements.
Depreciable basis
$442,000
Short-life (5/15-yr)
$140,000 · 32%
Year-1 deduction
$141,000
Year-1 tax shield @ 32%
$45,000
Land 20% (county tax record, assessed value split) · building $302,000 over 39 years
Based on: 1,632 sq ft, built 1970, 4 bd / 3 ba, furnished, listing features (deck, fireplace, stone counters, flooring types, appliance list).
IRS-guide safe-harbor floor: $81,000 in year 1 (18% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $12,100
Kitchen cabinetsdefault
$9,400 new × 40% good × 3.23 allocation
- $12,400
Kitchen countertops (stone)listing
$9,600 new × 40% good × 3.23 allocation
- $3,700
Decorative trimdefault
$2,900 new × 40% good × 3.23 allocation
- $600
Mirrorsdefault
$500 new × 40% good × 3.23 allocation
- $1,900
Shelvingdefault
$1,500 new × 40% good × 3.23 allocation
- $5,200
Window coverings (16)default
$4,000 new × 40% good × 3.23 allocation
- $13,600
Carpet, vinyl & laminate (100% of floors)listing
$10,500 new × 40% good × 3.23 allocation
- $9,400
Kitchen & laundry equipment plumbingdefault
$7,300 new × 40% good × 3.23 allocation
- $5,700
Kitchen, laundry & data equipment electricaldefault
$4,400 new × 40% good × 3.23 allocation
- $7,400
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 40% good × 3.23 allocation
- $9,200
Furniture conveyed with the sale (used)listing
$23,000 new × 40% good · out of the price
- $13,500
Paving: driveway & walks (paved)default
$8,400 new × 50% good × 3.23 allocation
- $13,000
Landscaping (typical)default
$8,100 new × 50% good × 3.23 allocation
- $2,600
Patiosdefault
$1,600 new × 50% good × 3.23 allocation
- $29,600
Decks & porches (attached)listing
$18,400 new × 50% good × 3.23 allocation
- $227,900
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$176,400 new × 40% good × 3.23 allocation
- $23,700
Building plumbing & fixturesdefault
$18,300 new × 40% good × 3.23 allocation
- $23,200
Building electrical & lightingdefault
$18,000 new × 40% good × 3.23 allocation
- $23,800
HVACdefault
$18,400 new × 40% good × 3.23 allocation
- $3,400
Fireplacelisting
$2,600 new × 40% good × 3.23 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $81,100 | $58,800 | $1,000 | $140,900 |
| 2 | $0 | $0 | $7,700 | $7,700 |
| 3 | $0 | $0 | $7,700 | $7,700 |
| 4 | $0 | $0 | $7,700 | $7,700 |
| 5 | $0 | $0 | $7,700 | $7,700 |
| 6+ | $0 | $0 | $270,000 | $270,000 |
| Total | $81,100 | $58,800 | $301,900 | $441,800 |
The building's share of the price ($433,000) is 3.2x our depreciated replacement cost of the home ($134,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.
Model-based estimate, not an engineered cost segregation study. The IRS doesn’t approve studies; get a professional study before filing. Using these losses against W-2 income needs the short-term rental exception (average stay ≤7 days + material participation). The 39-year building life applies because stays average under 30 days, a separate test (27.5 years for a long-term rental). Federal only: California and Georgia disallow bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.
Market note
Big Bear Lake (city) and unincorporated county areas both allow permitted short-term rentals, and we found no numeric permit cap in either. Permits/licenses generally do NOT transfer on sale — a buyer must apply for their own, so confirm permit status with the city or San Bernardino County before closing. City: vacation rental license, up to 3 per owner. County: 1 permit per parcel under 2 acres, 2 max per owner. Lodging tax ~13% in the city, ~7% county. Rules change; verify before you buy.