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904 Angeles Blvd

904 Angeles Blvd

Big Bear City, CA 92314

$550,000

4 bd · 3 ba · 1,632 sqft · Listed 25d ago

View on Realtor.com →
Low confidence

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)

$14,644$24,274$38,335
  • Pine Forest Cabin (beautiful fenced yard & deck!)

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.2 mi

    Revenue $47,694ADR $461Occ ≈ 28%5★ (116)

    AirbnbVrbo

  • Cabin Compound Perfect For Large Groups! Pets Ok!

    Cabin · 4 bd · 3 ba · sleeps 16 · 0.3 mi

    Revenue $44,671ADR $782Occ ≈ 16%4.8★ (33)

    AirbnbVrbo

  • Beautiful Remodeled Home/Hot Tub/Near Ski & Lake

    Cabin · 4 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $22,790ADR $407Occ ≈ 15%4.8★ (52)

    AirbnbVrboBooking

  • Cozy Bear Lodge- Modern, Clean Cabin w Private spa

    House · 4 bd · 2 ba · sleeps 12 · 0.4 mi

    Revenue $3,002ADR $264Occ ≈ 3%5★ (2)

    AirbnbBooking

  • Bright and Airy Big Bear Cabin

    House · 4 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $23,383ADR $182Occ ≈ 35%4.5★ (27)

    Airbnb

  • Fun-Filled Big Bear Retreat for Families & Friends

    House · 4 bd · 2 ba · sleeps 10 · 0.4 mi

    Revenue $23,136ADR $306Occ ≈ 21%4.2★ (4)

    AirbnbVrboBooking

  • Downtime: Pickleball near Lake & Slopes

    Cabin · 4 bd · 3 ba · sleeps 8 · 0.4 mi

    Revenue $33,498ADR $250Occ ≈ 37%4.7★ (165)

    AirbnbVrbo

  • Bear Den

    Chalet · 4 bd · 3 ba · sleeps 8 · 0.4 mi

    Revenue $64,483ADR $379Occ ≈ 47%4.9★ (287)

    AirbnbVrbo

  • Laugh, Play & Chill in Big Bear’s Golden Bear

    Cabin · 4 bd · 2 ba · sleeps 10 · 0.4 mi

    Revenue $24,871ADR $262Occ ≈ 26%4.1★ (11)

    AirbnbVrbo

  • "Cabana Del Oso" New Villa, AC, pool tbl.

    Villa · 4 bd · 3 ba · sleeps 10 · 0.4 mi

    Revenue $1,942ADR $647Occ ≈ 1%—

    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)

    Airbnb

  • 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)

    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 · 0.5 mi

    Revenue $33,857ADR $344Occ ≈ 27%—

    Booking

  • 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%—

    Vrbo

  • Wooden Gazebo Fire Pit Game room and More

    House · 4 bd · 2 ba · sleeps 10 · 0.5 mi

    Revenue $18,663ADR $401Occ ≈ 13%—

    Vrbo

  • Spring Retreat Family Cabin Hot Tub+BBQ+Game Room

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.5 mi

    Revenue $32,911ADR $517Occ ≈ 17%5★ (91)

    AirbnbVrbo

  • 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%—

    Booking

  • Gambrel StylePet FriendlyYardFireplace

    House · 4 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $23,677ADR $357Occ ≈ 18%5★ (4)

    AirbnbVrboBooking

  • 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)

    Airbnb

  • 5 Mi to Snow Summit: Cabin w/ Deck & Fireplace

    Cabin · 4 bd · 3 ba · sleeps 9 · 0.5 mi

    Revenue $12,662ADR $394Occ ≈ 9%4.5★ (23)

    AirbnbVrboBooking

  • Gambrel StylePet FriendlyYardFireplace

    House · 4 bd · 3 ba · sleeps 8 · 0.6 mi

    Revenue $16,447ADR $306Occ ≈ 15%—

    Vrbo

  • 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%—

    Vrbo

  • Wooden Gazebo Fire Pit Game room and More

    House · 4 bd · 2 ba · sleeps 10 · 0.6 mi

    Revenue $12,979ADR $397Occ ≈ 9%3.6★ (12)

    AirbnbVrboBooking

  • Modern Cabin with Hot Tub, Arcade, Fire Pit, AC

    Cabin · 4 bd · 2 ba · sleeps 10 · 0.6 mi

    Revenue $60,431ADR $308Occ ≈ 54%4.8★ (206)

    AirbnbVrbo

  • SuperHost's creation: MiniCastle

    House · 4 bd · 2 ba · sleeps 10 · 0.6 mi

    Revenue $36,223ADR $322Occ ≈ 31%5★ (90)

    Airbnb

  • The malabear cabin #2160

    Vacation home · 4 bd · 2 ba · sleeps 8 · 0.6 mi

    Revenue $77,218ADR $1,827Occ ≈ 12%—

    Booking

  • 4BR Cabin WoodStove, Outdoor Spa & Firepit

    Cabin · 4 bd · 2 ba · sleeps 8 · 0.6 mi

    Revenue $33,862ADR $523Occ ≈ 18%5★ (29)

    AirbnbVrbo

  • 4 Bedroom cabin, fenced yard, EV charging

    Cabin · 4 bd · 2 ba · sleeps 8 · 0.7 mi

    Revenue $19,413ADR $317Occ ≈ 17%4.8★ (60)

    AirbnbVrbo

  • Rustic Big Bear Cabin

    Cabin · 4 bd · 4 ba · sleeps 8 · 0.7 mi

    Revenue $15,199ADR $290Occ ≈ 14%4.7★ (33)

    AirbnbVrbo

  • FamCabin |TheaterRoom|GameRoom|EVCharger|Pets

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.7 mi

    Revenue $74,920ADR $690Occ ≈ 30%5★ (127)

    AirbnbVrbo

  • High Altitude Hideaway With Jacuzzi & Game Room

    Cabin · 4 bd · 2.5 ba · sleeps 10 · 0.7 mi

    Revenue $49,419ADR $548Occ ≈ 25%5★ (62)

    AirbnbVrboBooking

  • Cozy A-Frame Cabin | Decks, Pines & Mountain Vibes

    House · 4 bd · 2 ba · sleeps 10 · 0.8 mi

    Revenue $4,140ADR $92Occ ≈ 12%—

    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

Financing

Est. revenue

$32,549

NOI

$10,380

Cash flow /mo

$865

Cash needed

$572,000

Cash-on-cash (all cash)

1.8%

ROE (yr 1)

4.7%

Cap rate

1.9%

DSCR

—

Year-1 write-off

$140,896

Year-1 tax shield @ 32%

$45,087

Year-1 return on equity

  • Cash flow (annual)$10,380
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$16,500
ROE4.7%
ROE incl. year-1 tax savings (32% bracket, STR loophole)12.6%
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

  • Purchase price (all cash)$550,000
  • 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.

5-year property$81,100
  • Kitchen cabinetsdefault

    $9,400 new × 40% good × 3.23 allocation

    $12,100
  • Kitchen countertops (stone)listing

    $9,600 new × 40% good × 3.23 allocation

    $12,400
  • Decorative trimdefault

    $2,900 new × 40% good × 3.23 allocation

    $3,700
  • Mirrorsdefault

    $500 new × 40% good × 3.23 allocation

    $600
  • Shelvingdefault

    $1,500 new × 40% good × 3.23 allocation

    $1,900
  • Window coverings (16)default

    $4,000 new × 40% good × 3.23 allocation

    $5,200
  • Carpet, vinyl & laminate (100% of floors)listing

    $10,500 new × 40% good × 3.23 allocation

    $13,600
  • Kitchen & laundry equipment plumbingdefault

    $7,300 new × 40% good × 3.23 allocation

    $9,400
  • Kitchen, laundry & data equipment electricaldefault

    $4,400 new × 40% good × 3.23 allocation

    $5,700
  • Appliances (range, microwave, dishwasher, refrigerator)listing

    $5,700 new × 40% good × 3.23 allocation

    $7,400
  • Furniture conveyed with the sale (used)listing

    $23,000 new × 40% good · out of the price

    $9,200
15-year land improvements$58,800
  • Paving: driveway & walks (paved)default

    $8,400 new × 50% good × 3.23 allocation

    $13,500
  • Landscaping (typical)default

    $8,100 new × 50% good × 3.23 allocation

    $13,000
  • Patiosdefault

    $1,600 new × 50% good × 3.23 allocation

    $2,600
  • Decks & porches (attached)listing

    $18,400 new × 50% good × 3.23 allocation

    $29,600
Building, 39-year$301,900
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $176,400 new × 40% good × 3.23 allocation

    $227,900
  • Building plumbing & fixturesdefault

    $18,300 new × 40% good × 3.23 allocation

    $23,700
  • Building electrical & lightingdefault

    $18,000 new × 40% good × 3.23 allocation

    $23,200
  • HVACdefault

    $18,400 new × 40% good × 3.23 allocation

    $23,800
  • Fireplacelisting

    $2,600 new × 40% good × 3.23 allocation

    $3,400

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
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.