Skip To Content

76 Alderman Street , 1-9

June Lake, CA 93529
  • $1,700,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: PW21253325
UPDATED: 72 min ago
$1,700,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Listing Agent: Sophia Mehr of Svn / Vanguard


Description

Welcome to this amazing opportunity to own in June Lake Village. This property is zoned in high lodging (hotel/motel) and has been most successful as an Airbnb. It has 9 suites that consist of six studios with 1 bath, one single bedroom with 1 bath, and two 2 bedrooms with one bath. Each suite includes its own kitchen and/or kitchenette. It is currently on longer term leases but can be operated as a hotel with short term leases. It is walking distance to local restaurants, shops, local brewery and June Lake Marinas (June Lake and Gull Lake) and only 13 miles north of Mammoth Lakes & Resort and 20 minutes south of Yosemite National Park. June Lake Village is the quintessential village within the June Lake Loop, a horseshoe shaped canyon containing four lakes, June Lake, Gull Lake, Silver Lake and Grant Lake. June Lake Village is tucked in the center of the Eastern Sierras, and is surrounded by a majestic mountainous backdrop. There are many hiking trails, and opportunities for varied activities including fishing, swimming, paddling, sailing and boating, bicycling, canoeing, rock climbing, off-road motorcycling, art and photography. During the winter there are many other sports available, skiing, snowboarding, ice climbing, and snowmobiling. These activities take nothing from the value of picnics at the lake, star gazing while soaking in local hot springs or scenic drives in the tranquil setting of the Eastern Sierras.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-05T17:26:19.93. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123491152
Print Image

76 Alderman Street , 1-9 June Lake, CA 93529

  • Price: $1,700,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 72 min ago
  • ID#: PW21253325
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1965
Built
County:
Mono
Property Description
Welcome to this amazing opportunity to own in June Lake Village. This property is zoned in high lodging (hotel/motel) and has been most successful as an Airbnb. It has 9 suites that consist of six studios with 1 bath, one single bedroom with 1 bath, and two 2 bedrooms with one bath. Each suite includes its own kitchen and/or kitchenette. It is currently on longer term leases but can be operated as a hotel with short term leases. It is walking distance to local restaurants, shops, local brewery and June Lake Marinas (June Lake and Gull Lake) and only 13 miles north of Mammoth Lakes & Resort and 20 minutes south of Yosemite National Park. June Lake Village is the quintessential village within the June Lake Loop, a horseshoe shaped canyon containing four lakes, June Lake, Gull Lake, Silver Lake and Grant Lake. June Lake Village is tucked in the center of the Eastern Sierras, and is surrounded by a majestic mountainous backdrop. There are many hiking trails, and opportunities for varied activities including fishing, swimming, paddling, sailing and boating, bicycling, canoeing, rock climbing, off-road motorcycling, art and photography. During the winter there are many other sports available, skiing, snowboarding, ice climbing, and snowmobiling. These activities take nothing from the value of picnics at the lake, star gazing while soaking in local hot springs or scenic drives in the tranquil setting of the Eastern Sierras.
Exterior Features

Lot Features 6-10 Units/AcreLevelNear ParkPavedRectangular LotWalkstreetYard Number Of Separate Electric Meters 1 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Heating ElectricFireplace(S)PropaneSpace HeaterWood Stove Heating YN Yes

Property Features

Additional Parcels YN Yes Cable Tv Expense 1860 Cap Rate 7.32 Common Interest None Community Features FishingHikingLakeWater SportsPark Current Financing OtherPrivate Electric Standard Electric Expense 4560 Fuel Expense 4740 Garage YN No Gross Income 131100 Gross Scheduled Income 152700 Insurance Expense 3000 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer HookupLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventional1031 ExchangeOwner May Carry Maintenance Expense 1200 Net Operating Income 124452 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 28248 Other Expense 7008 Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Other Trash Expense 480 Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedPropaneSewer AvailableSewer ConnectedWater AvailableWater Connected Water Sewer Expense 3000 Water Source Public Zoning Gp



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-05T17:26:19.93. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367615557-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367615557-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367615557-1.jpg
Logo
The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Sophia Mehr of Svn / Vanguard