801 Cameron Dr Big Bear Lake, CA 92315
- Hospitality properties
- 1,850 SF
Current Use by Public Records
- Hospitality properties
Property Details for 801 Cameron Dr
- Year built
- 1956
- Property size
- 1,850 SF
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
This exceptional 1,850-square-foot motel in Big Bear Lake, California, presents a unique investment opportunity. Built in 1956 and extensively renovated in 2022, this two-story property boasts three bedrooms, four beds, and two bathrooms, comfortably accommodating nine guests. The recent renovation transformed the property, adding a new covered carport, a concrete shower stand, a hot tub on the lower deck, and a BBQ grill on the upper deck. The original garage has been repurposed into a playroom, significantly increasing the living space from 1,100 square feet to its current size. Situated on a 3,937-square-foot lot (APN 0308182010000), this fee-simple property enjoys a prime location, just steps from restaurants, bars, shops, and other amenities in the heart of Big Bear Village. Currently operating at 9% occupancy, this motel offers significant upside potential for increased rental income through targeted marketing efforts on short-term rental platforms. The property's high rental rates and convenient location make it an attractive investment for owner-users or those seeking strong returns. The asking price is $825,000 ($445.95 per square foot). This is a turnkey operation ready for immediate income generation. While the property has recently undergone a major renovation, further value appreciation can be achieved through improved rental management and marketing strategies.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Big Bear Lake
- County
- San Bernardino
- State
- California
- Longitude
- -116.914
- Latitude
- 34.2382
