See Home Value
Mammoth Lakes 93546
104 Joaquin Road
$1,238,483*
Multifamily - Off Market

104 Joaquin Road

Mammoth Lakes, CA 93546
bedrooms
8 Beds
bathrooms
4 Baths
square feet
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.
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
1,050 ft²
$948/ft²
$995,000 Jan 24, 2023
-
-
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
20210326
03/26/2021
8 Bed
4 Bath
3136 ft²
$1,145,000
bedrooms
8 Bed
bathrooms
4 Bath
square feet
3136 ft²
-
-
-
Matthew Lehman
Matthew Lehman Real Estate

Building Info

104 Joaquin Road 104 Joaquin Road, Mammoth Lakes, CA 93546
  • 1 Unit for Sale
More about this Building
104 Joaquin Road
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About Mammoth Lakes


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