NOT LISTED FOR SALE

1801 Old Mammoth Rd Mammoth Lakes, CA 93546

7 Beds
6 Baths
3,560 Sq Ft
10,019 Sq Ft Lot

Last Sold May 26, 2021

Last sale price $1,040,000 $292 Per Sq Ft

88 Days on Market

Highlights

  • Golf Course Community
  • Community Stables
  • Open Floorplan
  • Mammoth High School Rated A-
  • Fishing
  • Mountain View

About This Home

As of May 2021

SOLID INCOME PROPERTY CONSISTING OF A SINGLE FAMILY HOUSE, A DUPLEX AND A FOURPLEX (INC NON-CONFORMING STUDIO). ALSO INCLUDES
LAUNDRY ROOM, WORKSHOP AND UNFINISHED GUEST ROOM OR STORAGE AREA. SUMMER PARKING FOR TEN VEHICLES, WINTER PARKING FOR EIGHT
VEHICLES. OWNER OCCUPY THE SINGLE LEVEL HOUSE AND LIVE OFF THE REMAINING INCOME. TENANT DEMAND IS HIGH AND VACANCIES ARE ALMOST NON-EXISTENT. THERE IS AN ACUTE SHORTAGE OF HOUSING FOR EMPLOYEES IN TOWN. EXISTING RENTS ARE SHOWN WITH MARKET RENTS CONSIDERABLY HIGHER OFFERING BUYERS FUTURE UPSIDE POTENTIAL. View video and pictures at www.Facebook.com/1801-Old-Mammoth-Road
OWNER IS A LICENCED CALIFORNIA REAL ESTATE BROKER. Call 9492125553 for info.

Last Agent to Sell the Property

Frank Mc Morrow

Dana Coast Realty & Management License #00959732 Listed on: 12/08/2020

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,834

Year Built

  • Built in 1968

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 76x135x76x128
  • Property fronts a county road
  • 1 Common Wall
  • Rectangular Lot

Home Design

  • Bungalow
  • Split Level Home
  • Apartment
  • Additions or Alterations
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Rolled or Hot Mop Roof
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,560 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Workshop
  • Mountain Views

Kitchen

  • Electric Oven
  • Propane Range
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Parking Available
  • Driveway
  • Assigned Parking

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Accessible Parking

Utilities

  • Central Heating
  • Heating System Uses Propane
  • Pellet Stove burns compressed wood to generate heat
  • Wall Furnace
  • Propane
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 10 / 1
  • Tax Tract Number 2
  • Assessor Parcel Number 022330012000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 7 Units
  • Community Lake
  • Mountainous Community
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Fishing
  • Hunting
  • Park
  • Dog Park
  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • 7 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Insurance Expense $3,000
  • Maintenance Expense $11,500
  • Other Expense $1,325
  • Trash Expense $2,470
  • Water Sewer Expense $2,750
  • New Taxes Expense $13,150
  • Operating Expense $35,195
  • Gross Income $92,160
  • Net Operating Income $54,361

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,834

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.10
  • Improvements Amount: 709000
  • Other Phone Description: 9492125553
  • Price Per Unit: 145714
  • Property Attached: Yes
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Old Mammoth
  • View: Yes
  • Water Sewer Expenses: 2750.00
  • Architectural Style: Bungalow
  • Property Condition: Additions/Alterations
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 022330012000
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Formica Counters, Open Floorplan
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, Parking
  • Appliances: Yes
  • Fireplace Features: Living Room, Pellet Stove
  • Levels: Multi/Split
  • Price Per Square Foot: 292.13
  • Room Type: Main Floor Bedroom, Workshop

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • View: Mountain(s)
  • Fence: No
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Construction Materials: Block, Drywall Walls, Frame, Lap Siding, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Asphalt
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Propane, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Propane Range
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Wall Furnace, Electric, Propane, Pellet Stove
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2470.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Dog Park, Fishing, Golf, Hiking, Lake, Horse Trails, Park, Hunting, Mountainous, Preserve/Public Land, Stable(s), Sidewalks

Lot Info

  • Elevation: 7500 Feet
  • Additional Parcels: No
  • Land Lease: No
  • Land Value: 376000
  • Lot Features: Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size: 76X135X76X128
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Average2 Bed Area: 960 Square Feet
  • Average Studio Area: 400 Square Feet
  • Electric Expense: 1000.00
  • Gross Income: 92160.00
  • Gross Multiplier: 11.82
  • Gross Operating Income: 89556.00
  • Gross Scheduled Income: 91384.00
  • Gross Spendable Income: 54361.00
  • Insurance Expense: 3000.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 300.00
  • Lot Size Area: 10019.0000 Square Feet
  • Maintenance Expense: 11500.00
  • Net Operating Income: 54361.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Disposal: 1
  • Number With Range: 7
  • Number With Refrigerator: 7
  • Operating Expense: 35195.00
  • Other Expense: 1325.00
  • Other Expense Description: SNOW REM
  • Rent Control: No
  • Total Actual Rent: 7490.00
  • Total Expenses: 35195.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 13150.00
  • Tax Area: 010001
  • Tax Block: 1
  • Tax Lot: 10
  • Tax Tract Number: 2
  • Tax Annual Amount: 7833.74
  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $1,040,000 -4.1% $292 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
12/08/2020 12/08/20 For Sale $1,085,000 -- $305 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Frank Mc Morrow

    Dana Coast Realty & Management

    Section Image

  • N

    Buyer's Agent in 2021

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    5,956 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20199566

California Regional Multiple Listing Service (CRMLS)
California Mono County Mammoth Lakes 93546

1801 Old Mammoth Rd, Mammoth Lakes, CA

This home is located at 1801 Old Mammoth Rd, Mammoth Lakes, CA 93546 since 08 December 2020. This property was built in 1968. 1801 Old Mammoth Rd is a home located in Mono County with nearby schools including Mammoth Elementary School, Mammoth Middle School, and Mammoth High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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