801 Cameron Drive Big Bear Lake, CA 92315
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.
- Property TypeSingle Family Home
- NeighborhoodN/A
- CountySan Bernardino
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site15 Days
- MLS StatusActive
- MLS ID NumberNP24087673
- Home Size Source N/A
- Year Built1956
- Lot Size0.1334 Acres
- Full Baths2
- Partial BathsN/A
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General Features
- Parking Garage Spaces 1
- Sewer Public Sewer
- Terms CashConventional
- Stories 2 Story
Interior Features
- Additional Rooms Living RoomLaundry
- Cooling N/K
- Equipment Dryer
Exterior Features
- Water Public
- Pool N/K
- View Lake/River
Community Features
- Sales Restrictions Standard