801 Cameron Drive, Big Bear Lake, CA 92315 (MLS # NP24087673)
 Home    801 Cameron Drive, Big Bear Lake, CA 92315 (MLS # NP24087673)
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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.

DAYS ON MARKET 16 LAST UPDATED 5/1/2024
YEAR BUILT 1956 COMMUNITY Big Bear Area
GARAGE SPACES 1.0 COUNTY San Bernardino
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
School District Bear Valley Unified


ADDITIONAL DETAILS
AIR None
APPLIANCES Dryer
AREA Big Bear Area
BUYER'S BROKERAGE COMPENSATION 2.000 %
FIREPLACE Yes
GARAGE Yes
HEAT Central
HOA DUES 0
LOT 5810 sq ft
LOT DESCRIPTION 0-1 Unit/Acre
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
VIEW Yes
VIEW DESCRIPTION Lake
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
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*Estimate only

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Listed with InvestorsAlly Realty

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