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801 Cameron Drive

Big Bear Lake, CA 92315

$825,000

List Price

3

bed Beds

2

shower Baths

1,850 sqft

straighten / sqft

1956

calendar_month 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.

Listing Information

List Price $825,000
Status Active
MLS NP24135433
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1956
Lot Size 5,810
Structure Size 1,850
DOM 42
Courtesy Of InvestorsAlly Realty
Listing Agent Ralph Liu DRE#01342940

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 2
Fireplace Information
Features Living Room
Additional Information
Additional Features Bedroom on Main Level
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

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straighten N/A
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Listing information courtesy of: Ralph Liu, InvestorsAlly Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:44 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.