$699,900 Price Analysis   ♡   Bridgeport, CA 93517 6 bed 4 bath 2,386 SqFt ($293/SqFt) 9,583SqFt lot. Built 1957 Listed 2024-04-26, Taxes $2,517 | ✓ USDA Eligible near Bridgeport, CA Restrictions may apply due to home size |
Current Cap of 6.07% with potential to grow.
Low vacancy rate and a history of long term tenants. This is an ideal opportunity for someone looking to invest in a multi family property located in an area which has demonstrated a need for housing. There are 4 separate units, all of which have been remodeled by the current owner. Located close to downtown, with easy access to Highway 395, this property is approximately 55 miles from Mammoth Lakes and approximately 88 miles from South Lake Tahoe! 2 of the units feature 2 bedrooms and 1 bathroom. 2 of the units feature 1 bedroom and 1 bathroom. Ample parking available. 1 unit has an attached garage. Common laundry area, plus option for additional income from 3 separate storage spaces. All units are separately metered. Current owner left no detail unacknowledged when it came to remodeling and updating this property, making it as user friendly as possible for the next owner. Property management services are set to begin 2024. General information and unit breakdown: Unit 21 - 1106 square feet, 2 bedrooms, 1 bathroom, attached 1 car garage. Remodel/upgrades include but are not limited to: electrical appliances, electric panel, flooring, kitchen counter tops, fixtures, windows, PEX plumbing, soft close cabinets and under cabinet lighting in the kitchen. Newer water heater and water/sewer man.
Heat is provided by a direct vent propane wall heater in addition to multiple electric wall heaters and there is a wood burning stove as well. Unit 25 - 572 square feet, 2 bedrooms, 1 bathroom. Remodel/Upgrades include but are not limited to: windows, water heater, light fixtures, fans and outlets, flooring and kitchen/bath update. Heat is provided by a propane wall heater in addition to multiple electric wall heaters. Unit 27 - 324 square feet, 1 bedroom, 1 bathroom. Remodel/Upgrades include but are not limited to: windows, flooring, fixtu res, kitchen and bath remodel, stove, new water heater plus, a built in hydrolic bed provides ample additional storage space. Heating is via a propane wall heater in addition to electric wall heater(s). Dog run with electricity available to keep bowl(s) from freezing during winter months. Attached storage space offered by current owner, to tenant(s), for an additional charge. Unit 29 - 384 square feet, 1 bedroom, 1 bathroom. Remodel/Upgrades include but are not limited to: kitchen lighting, kitchen cabinets, stove, new water heater, windows, flooring, fixtures and a built in hydrolic bed provides ample additional storage space. Heating is via a propane wall heater in addition to electric wall heater(s). Attached storage space offered by current owner, to tenant(s), for an additional charge. Additional 120 square foot storage shed with shelving on site and available as an additional income producing feature. Common Laundry Area: Features designated, locked storage cabinets for each unit. Pristine hot water heater. Reinsulated and New roof installed, epoxy floors. Common patio with fire pit. Water and sewer lines are newer for all units. Electric boxes are newer. Newer (within a few years) interior and exterior paint on all units. Newer fence. Internet is provided by a wireless mesh system currently.
Presented by Sarah (Chichester) Koontz at
Intero Real Estate Services, Alpine Sierra.
Property MLS #240004659 from NNRMLS
Full Bathrooms: 4
Flooring: Varies by Unit
Window Features: Double Pane
Oven/Range
Varies Per Unit
Laundry Facilities: Common
Wall Heater
Yes
Lot Size Acres: 0.22
Lot Size Square Feet: 9583
Parking Total: 6
Number of Units: 4
Unit Features: Smoke Detector, Varies Per Unit
Number of 1 Bedroom Units: 2
Number of 2 Bedroom Units: 2
Total Bathrooms in the 1 Bedroom Units: 2
Total Bathrooms in the 2 Bedroom Units: 2
Total Actual Rent of 1-Bedroom Units: 787
Total Actual Rent of 2-Bedroom Units: 1137
Separate Meters-Electric
Separate Meters-Water
Separate Water Heaters
Separate Heating/Cooling
Landlord Pays Utilities
Tenant Pays Utilities
Source Listing Status: ACTIVE
County: Mono, CA
Directions: Kingsley to Laurel
Source Property Type: Multi-Family
Parcel Number: 008142013000
Zoning: commercial
Property Subtype: Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $211,265 + $20,611 $231,876 | $2,517 |
| 2021 | $207,123 + $20,207 $227,330 | $2,469 |
| 2020 | $205,000 + $20,000 $225,000 | $2,448 |
| 2019 | $11,037 + $44,152 $55,189 | $645 |
| 2018 | $10,821 + $43,287 $54,108 | $633 |
| 2017 | $10,609 + $42,439 $53,048 | $622 |
| 2016 | $10,401 + $41,607 $52,008 | $791 |
| 2015 | $10,245 + $40,983 $51,228 | $786 |
| 2014 | $10,045 + $40,181 $50,226 | $772 |
| 2013 | $102,000 + $71,400 $173,400 | $2,078 |
| 2012 | $100,000 + $70,000 $170,000 | $2,042 |
| 2011 | $77,253 + $34,588 $111,841 | $1,425 |
| 2010 | $76,676 + $34,330 $111,006 | $1,416 |
| 2009 | $76,859 + $34,412 $111,271 | $1,419 |
| 2008 | $75,352 + $33,738 $109,090 | $1,497 |
| 2007 | $73,875 + $33,077 $106,952 | $1,387 |
$699,900
NNRMLS
Listing removed 2023-09-24
$0
NNRMLS
Price Changed 2023-08-02
$699,900
NNRMLS
Listed 2022-09-23
$769,000
NNRMLS
Sold 2019-10-30
$225,000
Public Record
Listing removed 2019-09-29
$0
MammothLakes
Price Changed 2019-09-19
$239,000
MammothLakes
Price Changed 2019-09-01
$245,000
MammothLakes
Price Changed 2019-08-14
$255,000
MammothLakes
Listed 2019-07-28
$275,000
MammothLakes
Sold 2013-02-22
$50,000
Public Record
Listing removed 2013-01-28
$59,000
MammothLakes
Price Changed 2013-01-18
$59,000
MammothLakes
Price Changed 2013-01-12
$79,112
MammothLakes
Price Changed 2012-12-09
$89,900
MammothLakes
Listed 2012-11-28
$109,900
MammothLakes
Sold 2001-10-29
$97,000
Public Record
Operating Expense: 13838
Year Built: 1957
Building Exterior Type: Wood Siding
Construction Materials: Wood Frame
Foundation Details: Concrete/Crawl Space
Property Age: 67
Roof: Composition/Shingle, Pitched
Levels or Stories: 1
Structure Type: Duplex, Triplex, 4-Plex
City Sewer
Electricity
Propane
Internet Available
Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.