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Map
$1,238,483*
●
Multifamily -
Off Market
104 Joaquin Road
Mammoth Lakes, CA 93546
8 Beds
4 Baths
3136 Sqft
$1,031,000 - $1,259,000
Reference Base Price*
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
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.
The manager has listed the unit size as 3136 square feet.
The manager has listed the unit size as 3136 square feet.
Unit Size
3,136Ft²
Days on Market
-
Land Size
-
Price per sqft
$365
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1979
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 21, 2022 | No longer available | - | |
No longer available | |||
Mar 26, 2021 | Listed | $1,145,000 | |
Listed |
Property Highlights
Fireplace
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Condo
2
Beds
2
Baths
925 ft²
$1,184/ft²
$1,095,000
Jan 14, 2023
-
$800/mo
Condo
2
Beds
2
Baths
1,053 ft²
$950/ft²
$1,000,000
Dec 1, 2022
-
$950/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/26/2021
|
|
8 Bed
|
4 Bath
|
3136 ft²
|
$1,145,000
8 Bed
4 Bath
3136 ft²
|
-
-
|
-
|
Matthew Lehman
Matthew Lehman Real Estate
|
Building Info
About Mammoth Lakes
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