fbpx

$825,000
3 bed
2 bath
1,850 Sqft
5,810 Sqft lot

801 Cameron Drive, Big Bear Lake, California 92315

  • Residential Property Type
  • 174 Days Time on market
  • $446 Price per sqft
  • 1956 Year Built
Property Description

This property has just completed a major overhaul renovation. It is like a brand new modern style luxury home now, «completely furnished» and ready to rent! The living space has increased from 1,100 sq ft to a total of 1,850 sq ft now. It has a total of 3 bedrooms, 4 beds and 2 bathrooms. The original garage has been transformed into a playroom. A new covered carport has been built. There is also a concrete shower stand, a hot tub on the lower deck and a BBQ grill on the upper deck. The entire house is permitted to sleep 9 people now. The main value of the house is in its golden location. It is within a stone throw from the fancy restaurants and popular bars, saloons, fast food outlets and shops on Village Dr and Pine Knot Avenue, i.e. the very heart of the Big Bear Village. It commands a very high rental rate from various short term rental sites. The arbitrage opportunity is that it needs to accumulate some rental income track records for the newly approved large 9-guest, 3-bedroom capability to obtain a good bank loan and to increase the sales price. It was not able to do that during the renovation construction period and the previous much limited capacity. So a good property manager or somebody who is already familiar with Airbnb rental management can simply increase the property value by putting in some adequate marketing efforts without even having to put in any more renovation investment money or buying furniture after the purchase.

Basic Details
Residential
Buy
NP24135433
$825,000
3
2
1,850 Sqft
1956
5,810 Sqft
Active
Single Family Residence
Houses
Features
: Central
: Central Air
: City Lights
: Living Room
: Fishing, Hiking, Mountainous, Valley, Watersports
1
$0
: Public Sewer
Address
CA
San Bernardino
Big Bear Lake
92315
801 Cameron Drive
801
Drive
0
W117° 5' 9.9''
N34° 14' 17.4''
Additional Information
174
1
2
2
2
: Two
1
: Inside
1
1
0 Sqft
1
0 Sqft
0 Sqft
: Assessor
: Additionallivingquarters
0.13 Sqft
5,810 Sqft
1
: No Common Walls
0 Sqft
0308182010000
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
1
02/07/2024 11:00:44
$0
: Standard
Cash,Conventional
From Big Bear Village parking lot, walk up the hill about half a mile.
InvestorsAlly Realty
Ralph Liu
NP5054
NP41804
$0
216
1
: Acreage
1
: House
1
1
1
: Square Feet
1
1
US-06071-N-0308182010000-R-N
SingleFamilyResidence
16/10/2024 06:04:50
Cameron
289 - Big Bear Area
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$