12 Bedroom House For Sale By Owner in June Lake, CA

Property Description

June Lake Chalet: Commercial Boutique Hotel & Residential Opportunity with the Beauty June Lake

Welcome to June Lake Chalet, an exceptional 12-bedroom property for sale by owner in the stunning June Lake, CA. Nestled on a quarter-acre of land, this versatile property offers immense potential for both commercial and residential use, making it a perfect investment opportunity. Built in 1965, the chalet has a prime location just one block from June Lake and within walking distance to shops, restaurants, and Gull Lake.

Key Features:

High Occupancy Potential: This property has a strong track record for both long-term residential and short-term rental occupancy.
Renovation Opportunity: We're listing the property as-is while we complete required county work, providing a unique chance for investors to add value.
Great Location: Just one mile from June Mountain and 13 miles north of Mammoth Mountain, with easy access to Yosemite National Park and local attractions.
Necessary Repairs:

Roof Replacement: Upper section of roof needs replacing, with bids ranging from $42,000 to $58,000.
Wall Heaters: Three wall heaters require replacement, with costs between $1,800 and $2,200 each.
Window Replacement: Three windows need replacing, with bids from $1,800 to $3,200 each.
Electrical Panel Relocation: Move the electric panel to the common area, with bids around $7,200.
Property Layout:

9 Units Total:
Unit 1: Studio, sleeps 2, kitchenette, bathroom with step-in shower
Unit 2: 2-room tandem, sleeps 6, full kitchen, bathroom with step-in shower
Unit 3: Studio, sleeps 2, kitchenette, bathroom with step-in shower
Unit 4: Studio, sleeps 2, kitchenette, bathroom with step-in shower
Unit 5: 1-bedroom, sleeps 4, full kitchen, bathroom with step-in shower
Unit 6: Large studio, sleeps 4, full kitchen, bathroom with step-in shower
Unit 7: Medium studio, sleeps 4, kitchenette, bathroom with step-in shower
Unit 8: 2-bedroom, sleeps 6, full kitchen, large living room, laundry hook-ups, bathroom with tub/shower
Unit 9: Studio, sleeps 2, kitchenette, bathroom with tub/shower
All units are equipped with plumbing to easily add ranges, and the current Unit 3 can be converted back to a laundry facility.

Investment Potential: This property offers amazing financial opportunities and requires quick renovations to reopen. With a full-time onsite manager and immediate access to workers ready to start, you can capitalize on this investment swiftly.

Contact Information (949) 922-0929

Details & Amenities

• Heating:

• Cooling:

• Auxiliary SQ FT: 100

Listing History

Property Location

76 Alderman St, June Lake, CA 93529, USA, City - Mono County