483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
483 Manzanita Road
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$1,100,000

483 Manzanita Road

5 Beds 3 Baths 54 Sq.Ft.

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.

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Location

483 Manzanita Road, Mammoth Lakes, CA 93546

Status

Sold
Sonja Bush

Sonja Bush

TITLE

Founder | Broker Associate

Property Amenities

Interior
Laundry room Lower Level
Fireplace Two, Free Standing, Wood Stove
Appliances Dishwasher, Garbage Disposal, Elec Range/Oven, Ele Surface Unit, Electric Oven
Total Bedrooms: 5
Other Interior Features Tile Floors, Carpet, Smoke Detector, Bathroom Mirrors
Area & Lot
Living area 54 Sq.Ft.
MLS® ID 220188
Type Multi-Family
Status Sold
Exterior
Stories 2
Air conditioning None
Heat type Electric, Propane, Wall Heater, Forced Air
Water Source Public Water
Sewer Public Sewer
Other Exterior Features Paved Driveway, RV Parking, Paved Street, Other/See Remarks
Lot Features Wooded Lot, Level
Roof Composition
Finance
Sales Price $1,100,000

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