ActiveResidential · sale

404 Mozumdar

Cedarpines Park, CA 92322

$324,900

  • 2 beds
  • 1 baths
  • 1,200 sq ft
  • 0.49 acres
  • Built 1935

Listed by BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS · MLS #IV26197873

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1935.

Property size

0.49 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

If you love authentic mountain cabins 404 Mozumdar Drive is a rare find Built in 1938 this cabin has that true historic charm and total privacy that you just cant replicate It sits on a huge nearly halfacre double lot 21450 sq ft made up of two sidebyside parcels It isnt a suburban house dropped in the mountainsits a real cabin with deep roots incredible space and room to grow Plus winter access is easy with a dedicated twocar parking pad right on a paved cityplowed streetThe location is ideal if you want to unplug but still be close to the basics You are just a short drive from Goodwin Sons Market for groceries the water at Lake Gregory hiking at Heart Rock and the shores of Silverwood LakeInside the 1064squarefoot layout is super cozy comfortable and completely turnkey It still features its original soaring woodbeamed cathedral ceilings and a classic riverrock fireplace but it has been thoughtfully updated where it counts The bathroom is beautifully renovated the main floor has new luxury vinyl plank flooring and a brandnew central heater keeps the place warm To make it modern and easy to manage from afar weve also added a Google Nest smart thermostat and a Ring camera security systemThe cabin comes fully furnished and currently sleeps up to nine guests making it ready to enjoy immediately or use as a shortterm rental The living room includes a 65inch TV and a pool table the kitchen is fully stocked with all cookware and there are portable AC units in the bedrooms for the summerFor the right buyer the property offers amazing future flexibility There is a 400squarefoot unfinished basement underneath that is perfect for gear storage or a workshop Outside the yard has great treeline views and plenty of space for winter sledding an outdoor pizza oven patio heaters and outdoor furniture Because the vacant side lot is included you also have the unique option to build a garage a workshop or a detached ADU down the roadThis cabin isnt for everyone but for the right family who appreciates vintage character modern comfort and a massive piece of land its a perfect match

THE NEIGHBORHOOD

Explore the location.

404 Mozumdar, Cedarpines Park, CA 92322

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1935
Full baths
1
Garage spaces
0
Cooling
SeeRemarks
Heating
SeeRemarks
Appliances
Disposal,WaterHeater
Flooring
Wood
Utilities
CableConnected,ElectricityConnected,NaturalGasConnected,WaterConnected
Fencing
None
Pool
No
Pool features
None
Spa
No
Subdivision
Cedar Pines Park (CEPP)
Parcel
0342114400000
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$1,353.75
Cap rate

Annual operating income:

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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404 Mozumdar, Cedarpines Park, CA 92322 · MLS #IV26197873

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Listing information

MLS #IV26197873 · California Regional MLS

Listing brokerage: BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS
Listing agent: GENE SAIS

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.