NOT LISTED FOR SALE

505 S Main St Big Pine, CA 93513

1 Bed
1 Bath
2,400 Sq Ft
10,569 Sq Ft Lot

Last Sold September 30, 2021

Last sale price $550,000 $229 Per Sq Ft

28 Days on Market

Highlights

  • Fishing
  • Hiking Trails
  • Laundry Room
  • Furnished
  • Evaporated cooling system
  • Horse Trails

About This Home

As of September 2021

Great opportunity to own a 5 cottages with great cash flow in Big Pine, California. This is a short term rental or longer term rental property. Start to enjoy the Eastern Sierra Life Style. Fishing, rock climbing, hiking, kayaking, mountain biking, horse back riding, and photography activities keep a steady supply of guests coming in. There is a shared laundry, charcoal bar-b-que and shaded picnic area. Guests enjoy free wi-fi and direct TV access. Why stay in a hotel? Discover the vacation cottage way. All information is provided by the seller and is deemed reliable but not guaranteed and should be verified by personal inspection.

Last Agent to Sell the Property

Howard Barnes

Elite Real Estate Marketers License #01298508 Listed on: 07/28/2021

Last Buyer's Agent

Howard Barnes

eXp Realty of California Inc License #01298508

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 10,569 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • Parking Available

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Propane
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 00411218

Community Details

Overview

  • 5 Buildings
  • 5 Units

Recreation

  • Fishing
  • Water Sports
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • Electric Expense $3,500
  • Fuel Expense $3,500
  • Insurance Expense $3,000
  • Trash Expense $1,000
  • Water Sewer Expense $1,800
  • Operating Expense $35,805
  • Gross Income $85,200
  • Net Operating Income $40,875

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 00411218
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Furnished
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 229.17
  • Room Type: All Bedrooms Down, Laundry

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes

Utilities

  • Utilities: Electricity Connected, Propane, Water Connected
  • Laundry: Yes
  • Sewer: Unknown
  • Trash Expense: 1000.00
  • Cooling: Evaporative Cooling, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Fishing, Hiking, Horse Trails, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 10569.00
  • Lot Size Acres: 0.2426

Multi Family

  • Average1 Bed Area: 400 Square Feet
  • Electric Expense: 3500.00
  • Fuel Expense: 3500.00
  • Gross Income: 85200.00
  • Gross Operating Income: 80940.00
  • Gross Scheduled Income: 85200.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 10569.0000 Square Feet
  • Net Operating Income: 40874.93
  • Number Of Units Total: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 35805.00
  • Rent Control: No
  • Total Expenses: 35805.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Census Tract: 5.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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
09/30/2021 09/30/21 Sold $550,000 0.0% $229 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $550,000 0.0% $229 / Sq Ft
07/28/2021 07/28/21 Off Market $550,000 -- --
07/28/2021 07/28/21 For Sale $550,000 -- $229 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Howard Barnes

    Elite Real Estate Marketers

    1 Total Sale

    Howard Barnes
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21164677

California Regional Multiple Listing Service (CRMLS)
California Inyo County Big Pine 93513

505 S Main St, Big Pine, CA

Not Listed for Sale

MultiFamily

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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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