CA > Big Bear Lake
Big Bear Lake, CA 92315,801 Cameron DR
Big Bear Lake, CA 92315,801 Cameron DR
Big Bear Lake, CA 92315,801 Cameron DR
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$825,000
Est. payment /mo
3 Beds
2 Baths
1,850 SqFt
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UPDATED:

09/30/2024 06:45 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,850 sqft

Price per Sqft $445

MLS Listing ID NP24135433

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1956

Lot Size 5,810 Sqft

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.

Location

State CA

County San Bernardino

Area 289 - Big Bear Area

Rooms

Main Level Bedrooms 2

Interior

Interior Features Bedroom on Main Level

Heating Central

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Laundry Inside

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Fishing, Hiking, Mountainous, Valley, Water Sports

View Y/N Yes

View City Lights

Attached Garage No

Total Parking Spaces 1

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Bear Valley Unified

Others

Senior Community No

Tax ID 0308182010000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Ralph Liu • InvestorsAlly Realty • 949-371-9139

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