7
Baths
5,996 Sq. Ft.
$50 / Sq. Ft.
5,996
Sq. Ft.
$50
per Sq. Ft.

Description

A unique investment opportunity in Mammoth Lakes Ca; 71 Davison St is a deed-restricted, 5-unit affordable housing project, with rents based on Mono County "Area Median Income" (AMI) guidelines. Plans for this 5-unit property are as follows: 4 two-bedroom/one-bathroom/938 sq ft units and 1 five-bedroom/three-bathroom/2,242 sq ft main house. This sale includes all approved building plans, and permits are already on file with the town of Mammoth Lakes. A contractor could start tomorrow! The lot plans...A unique investment opportunity in Mammoth Lakes Ca; 71 Davison St is a deed-restricted, 5-unit affordable housing project, with rents based on Mono County "Area Median Income" (AMI) guidelines. Plans for this 5-unit property are as follows: 4 two-bedroom/one-bathroom/938 sq ft units and 1 five-bedroom/three-bathroom/2,242 sq ft main house. This sale includes all approved building plans, and permits are already on file with the town of Mammoth Lakes. A contractor could start tomorrow! The lot plans include 5 parking spaces, room for a dumpster, and plentiful snow storage. The owner-developer has already completed asbestos removal and much of the demo work. Based on AMI guidelines, this project could potentially gross about $108,000 per year. Please call for more information.
  1. Listed by Gillian Parrish • DRE #01944155 • Brokerage DRE #01845593 • NextHome Mammoth Lakes
    P: (760)-709-0066 C: (760)-709-0066 Gillian@livemammoth.com
  2. Listed by Eric Leach • DRE #01343386 • Brokerage DRE #01845593 • NextHome Mammoth Lakes
    P: (949)-690-5555 C: (949)-690-5555 eric@nhmammoth.com

Property Details for 71 Davison Road

Subdivision Name
Timber Ridge Estates III
LISTING CLOSED: 04/29/2022 12:00 AM

Property Details for 71 Davison Road

StatusClosed
MLS #220243
Days on Compass21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1962
Lot Size-
CountyMono County

Location

Listing Courtesy of NextHome Mammoth Lakes, Gillian Parrish, DRE #01944155; NextHome Mammoth Lakes, Eric Leach, DRE #01343386

Sold By NextHome Mammoth Lakes, Gillian Parrish, DRE #01944155; NextHome Mammoth Lakes, Eric Leach, DRE #01343386

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Building Information for 71 Davison Road

Stories3Year Built1962Building Size-Lot Size-

Payment Calculator

$4,042 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,495

Property Taxes

$2,547

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 71 Davison Road

Summary
Location and General Information
  • Direction Faces: North
  • Directions: Take a right onto Davison from Lake Mary Rd. Property will be on left side of road after Meadow View Ridge Condos.
  • MLSArea Major: Mammoth Lakes
Taxes and HOA
  • Association Fee: $.00
  • Parcel Number: 031-041-020-000
  • Tax Lot: 11
Parking
  • Garage Spaces: $.00
  • Garage: No
  • Parking Features: None
Property
Property and Assessments
  • Property Type: Residential
  • Year Built: 1962
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Frame
  • Roof: Composition
Interior Features
  • Appliances: See Remarks
  • Fireplace Features: Other, See Remarks
  • Fireplace: Yes
  • Heating: Other, See Remarks
  • Interior Features: Other, See Remarks
  • Laundry Features: Other, See Remarks
  • Levels: Three Or More
  • Stories: 3
  • Water Heater: Other, See Remarks
  • Window Features: Other, See Remarks
Mobile Home
Mobile Home Information
  • Human Modified: No
Multi Family
Multi Family Information
  • Number Of Units Total: 5
Unit Information
Unit 1
  • Actual Rent: $2,491.00
  • Area: 2242.0
  • Baths Total: 3
  • Beds Total: 5
  • Description: 5
Unit 2
  • Actual Rent: $2,010.00
  • Area: 938.0
  • Baths Total: 1
  • Beds Total: 2
  • Description: 2
Unit 3
  • Actual Rent: $2,010.00
  • Area: 938.0
  • Baths Total: 1
  • Beds Total: 2
  • Description: 2
Unit 4
  • Actual Rent: $1,456.00
  • Area: 938.0
  • Baths Total: 1
  • Beds Total: 2
  • Description: 2
Unit 5
  • Actual Rent: $914.00
  • Area: 938.0
  • Baths Total: 1
  • Beds Total: 2
  • Description: 2
Rental
Rent Information
  • Lease Considered: False

Property History for 71 Davison Road

DateEvent & SourcePriceAppreciation
Apr 29, 2022

Sold

MLBOR #220243

$300,000
Apr 27, 2022

Sold (Public Record)

Public Record #1488801767

$300,000

+886.3% / yr

Apr 13, 2022

Pending

MLBOR #220243

DateEvent & SourcePrice
04/29/2022

Sold

MLBOR #220243

$300,000
04/27/2022

Sold (Public Record)

Public Record #1488801767

$300,000

+886.3% / yr

04/13/2022

Pending

MLBOR #220243

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 71 Davison Road

Taxable ValueLand$270,608Additions$2,658,561Total$2,929,169
Tax Record2025$30,565 ($2,547 / month)
Home Facts
Total Finished SqFt5,765 SqFtAbove Grade Finished SqFt5,765 SqFtLot Size9,583 SqFtStyleMulti-Family Dwelling (2-4)Year Built1962Year Renovated2024ZoningRMF-2CountyMONOAPN031-041-020-000

Schools near 71 Davison Road

This home is within Mammoth Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Mammoth Elementary School
PublicK to 5

Mammoth Middle School
Public6 to 8

Mammoth High School
Public9 to 12

Sierra High (Continuation) School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Mammoth Lakes, Gillian Parrish, DRE #01944155; NextHome Mammoth Lakes, Eric Leach, DRE #01343386

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.