Skip To Content

    104 Joaquin Road

    Mammoth Lakes, CA 93546
    • $1,145,000
    • STATUS: Active
    • ON SITE: 19 days
    • MLS #: 210259
    UPDATED: 12 min ago
    $1,145,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family

    School Ratings & Info

    Description

    Four Units located at the western edge of Sierra Valley Sites, backing up to a wooded lot and Multi-Use Bike/walking path, and in close proximity to Sierra Star Golf Course. Long term, consistent income history. Four, two-bedroom, one-bath units and a detached two car garage with each side of the garage renting for $125. Unit #4 has been upgraded in recent years and rents for $1900. Units 1-3 are in average condition and not to the same upgraded condition as unit #4. Supported market rents are higher than current rents and rents can be increased per California Assembly Bill 1482. Reported net income assumes a 5% management fee, 4% annual expenses for repairs and maintenance, and property taxes based on Prop 13 given a new purchase. Good property for a local owner, particularly one that would like to live in one unit and rent the others. Current owner self-manages and has historically done repairs and maintenance himself. Current Gross income $79,800.

    Monthly Payment Calculator



    © 2021 Mammoth Lakes Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Millman Team at Compass. 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. Data last updated: 2021-04-15T10:51:25.25.

    Licensed in the State of California.
    www.homesmammothlakes.com/homes/115524722
    Print Image

    104 Joaquin Road Mammoth Lakes, CA 93546

    • Price: $1,145,000
    • Status: Active
    • Updated: 12 min ago
    • MLS #: 210259
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Sierra Valley Sites I
    Area:
    Mammoth Lakes
    Property Description
    Four Units located at the western edge of Sierra Valley Sites, backing up to a wooded lot and Multi-Use Bike/walking path, and in close proximity to Sierra Star Golf Course. Long term, consistent income history. Four, two-bedroom, one-bath units and a detached two car garage with each side of the garage renting for $125. Unit #4 has been upgraded in recent years and rents for $1900. Units 1-3 are in average condition and not to the same upgraded condition as unit #4. Supported market rents are higher than current rents and rents can be increased per California Assembly Bill 1482. Reported net income assumes a 5% management fee, 4% annual expenses for repairs and maintenance, and property taxes based on Prop 13 given a new purchase. Good property for a local owner, particularly one that would like to live in one unit and rent the others. Current owner self-manages and has historically done repairs and maintenance himself. Current Gross income $79,800.
    Exterior Features

    Exterior FrameWood Siding Garage Capacity Two Garage Type Detached Garage Landscaping None Lot Description Cleared LotLevel Porch Patio Open DeckOpen Balcony Roof MetalComposition

    Interior Features

    Appliances DishwasherGarbage DisposalRange Hood Cooling None Fireplace Wood StoveIn Living Room Heating Electric Interior Amenities Carpet Laundry Closet Unit1 Approx Sq Ft 784 Unit1 Baths 1 Unit1 Bedrooms 2 Unit1 Furnished No Unit2 Approx Sq Ft 784 Unit2 Baths 1 Unit2 Bedrooms 2 Unit2 Furnished No Unit3 Approx Sq Ft 784 Unit3 Baths 1 Unit3 Bedrooms 2 Unit3 Furnished No Unit4 Approx Sq Ft 784 Unit4 Baths 1 Unit4 Bedrooms 2 Unit4 Furnished No Water Heater Electric Windows Other/See Remarks

    Property Features

    Gas None Gross Annual Income 79800 Hoa Amount 0 List Type CommercialResidential Income & Vacant Land Listing Agreement Lot Unit Parcel 8 Orientation East Sewer Public Sewer Type Fourplex Unit1 Rent 1450 Unit2 Rent 1600 Unit3 Rent 1575 Unit4 Rent 1900 Water Public Water Zoning Rmf-1

    Listing provided courtesy of Matthew Lehman of Matthew Lehman Real Estate.
    © 2021 Mammoth Lakes Board of Realtors.


    © 2021 Mammoth Lakes Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Millman Team at Compass. 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. Data last updated: 2021-04-15T10:51:25.25.

    Licensed in the State of California.
     
    https://bt-photos.global.ssl.fastly.net/mammoth/orig_boomver_1_210259-2.jpg https://bt-photos.global.ssl.fastly.net/mammoth/orig_boomver_1_210259-2.jpg https://bt-photos.global.ssl.fastly.net/mammoth/orig_boomver_1_210259-2.jpg
    Logo
    Millman Team at Compass
    2141 Rosecrans Ave., #1120
    El Segundo CA, 90245