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Sold
483 Manzanita Road Mammoth Lakes, CA 93546
Sold Price $1,100,000
List Price $1,100,000

Courtesy of Sonja Bush, Destination Real Estate.

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Sonja Bush

Sonja Bush

Founder / Broker Associate

CA DRE# 01904399

Property Description

Highly sought after residential income opportunity on Manzanita Road close to Meridian Blvd. 2 buildings on a large lot — Building A built in 1968 has a 1 bedroom/ 1 bath apartment downstairs, upstairs is 2 bedroom/1 bath apartment. Building B (furthest from road) built in 2004 is a 2 bedroom/1 bath apartment with forced air heat (propane), large work room downstairs, laundry area and one car garage. One building has a new roof. Both buildings have free standing wood stoves and large south facing decks with peek-a-boo views of the Sherwin Mountains. Rents have been kept below market for long-term tenants (and family). Lot is .34 acres (14,941 square feet) and could potentially hold an additional building/unit. Zoning for property is designated as HDR-1 (High-Density Residential 1). This designation allows residential multi-unit townhouses, condominiums and apartments at a density of six (6) to a maximum of twelve (12) dwelling units per acre. The HDR-1 designation is intended to preserve existing housing and allow for additional high quality housing opportunities.

Property Details & Features

Property Type

  • Triplex

House

  • Age: 54
  • Stories: 2

Garage

  • Garage Capacity: One
  • Garage Type: Attached Garage

Listing

  • $491 per sqft
  • Listed on 2022-03-22
  • Status: SOLD

Location

  • Area: Mammoth Lakes
  • Subdivision: Sierra Valley Sites II

Property

  • Zoning: RMF-1 / HDR-1

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