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For Sale

$1,145,000

104 Joaquin Road
Mammoth Lakes, CA 93546

Bed 8 br
Bathroom 4 ba
Sqft 3,136 sqft
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. Read More

Market Status
Available
Last Updated
May 11, 2021

Property Type
Multi Family
Year Built
1979
Bedrooms
8 BR
Baths
4 full BA
Dishwasher
-
Disposal
-
Range
-
Heating System
Fireplace
Roof
Metal
Heating Fuel
Electric
Exterior Construction
Wood Siding
Garage
Detached
Parking
2 spaces
Fireplace
-
Property Type
MultiFamily; Quadruplex
Additional Areas
Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Full Bath; Full Bath; Full Bath; Full Bath; Patio

Local Market Conditions

There are currently 14 properties for sale in the Mammoth Lakes, CA area with the average listing price of $804,886. This represents a decrease of -6.6% over the previous week. The 2 bedroom homes saw the largest decrease in the average listing price over the previous week with a -0.6% decrease. To learn more about the Mammoth Lakes, CA area, contact a local expert!

Market Snapshot for Mammoth Lakes, CA

Avg. Listing Price

$804,886

Wk ending May 8

$-56,569

-6.6%

w-o-w

14

104

40

20

12

4

Average Listing Price for Mammoth Lakes, CA
No. BedroomsNo. Beds Week Ending
(May 8)
w-o-w Week Ending
(May 1)
Week Ending
(Apr 24)
Week Ending
(Apr 17)
All PropertiesAll $804,886 -6.6% $861,455 $861,455 $897,667
1 bedroom1 BR $525,000 +0.0% $525,000 $525,000 $525,000
2 bedrooms2 BR $673,780 -0.6% $678,000 $678,000 $678,000
3 bedrooms3 BR $782,333 +0.0% - - -
4 bedrooms4 BR $981,250 +0.6% $975,667 $975,667 $1,000,500

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This $1,145,000 Multi Family at 104 Joaquin Road in Mammoth Lakes, CA is presented by Matthew Lehman and has been on the market for 45 days. This $1,145,000 Multi Family, located in the 93546 zip code, has the following property features: Exterior Construction, Additional Areas, Heating Fuel, Disposal. This 104 Joaquin Road Multi Family, located in Mono County , is listed under MLS listing number 210259, has 8 beds, 4 baths, and has a listing price of $1,145,000. You can find more Mammoth Lakes homes for sale here.

Data Provided by Mammoth Lakes Board of Realtors, Inc

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