5322 State Highway 49 Mariposa, CA 95338
- Commercial real estate
- 1,000 SF
- 0.41 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5322 State Highway 49
- Year built
- 1950
- Lot size
- 0.41 lot acres
- Property size
- 1,000 SF
- Property type
- Commercial real estate
Description
This exceptional 1,000 square foot commercial and residential property in Mariposa, California, presents a lucrative investment opportunity. Located on 0.41 acres of land at 5322 State Highway 49, this property boasts two well-maintained duplex units, each featuring a one-bedroom, one-bathroom apartment. Currently generating approximately $18,000 in gross annual income, this property offers significant potential for increased revenue. The property benefits from ample parking and is conveniently serviced by MPUD water and sewer, with monthly utility costs averaging around $120. Its strategic location, minutes from downtown Mariposa and surrounded by county and commercial buildings, is zoned for multiple density uses (#165), allowing for future expansion and development. The existing rental history demonstrates strong tenant demand, making this an ideal investment for both seasoned investors and those seeking a diversified portfolio. The proximity to county building departments simplifies any potential expansion or development projects. This unique property offers a blend of immediate income generation and long-term growth potential, making it a truly compelling investment opportunity. Buyers are advised to verify all details with the county.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Mariposa
- County
- Mariposa
- State
- California
- Longitude
- -119.9838
- Latitude
- 37.49886