JUNE LAKE CHALET: Commercial, Boutique Hotel, Residential June Lake is one of the most beautiful places on earth. High occupancy whether utilized as long term residential or short term. We are listing the property as is while we complete work. The county is requiring the following work: Replace upper section of roof (required) - 2 bids: $42,000 - $48,000 including labor and materials - whole roof estimates: $58,000 (depending on materials); deck: $7,000. Replace 3 wall heaters - 2 bids (required) 2 bids: $1,800 - $2,200 each, not including labor [Note: all working wall heaters are older, replacement should be considered because new wall heaters are much more efficient, but not necessary.) Replace 3 windows - 2 bids: $1,800 - $3,200 each, including labor Move electric panel to common area: Electrical Contract bids (2) - $7,200 includes additional lines for appliances in entry, with plan for common kitchenette area. This commercial building is located in the June Lake Village; 1 block to June Lake, 3 short blocks to Gull Lake; walking distance to restaurants, shops, June Lake Brewery, O'hanas, local thrift, Gull Lake park and library, and the best Mexican restaurant in California. One mile to June Mountain, 13 miles north of Mammoth Mountain (with a daily shuttle to Mammoth), and 20 minutes to the eastern gate of Yosemite National Park. Surrounded by many national monuments. When you step out of your vehicle in June Lake, you step into and become a part of God's Art. Slow down to "June time", know your mail will take 3 more days to get there, because that's how it is... 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 "L" shape studio, Sleeps 4, full kitchen, bathroom with step-in shower; Unit 7, Medium size studio, Sleeps 4, kitchenette, bathroom with step-in shower; Unit 8, 2 bedroom, Sleeps 6, full kitchen, large living room, laundry hook-ups, dining room, bathroom with tub/shower; Unit 9, Studio, Sleeps 2, kitchenette, bathroom with tub/shower. All units have plumbing present to add ranges to all units. Current Unit 3 used to be a hair salon, with sinks along the eastern wall; plumbing is present for easy conversion of utility room into a laundry room. Amazing financial potential. County code enforcement exercised their strong arm following the filing of a cross-complaint, building has been tagged, and requires the work listed above to reopen. Work can be done quickly, workers stand by ready to begin. Owner will consider all options and consider carrying everything over expenses (1st mortgage, taxes, and repairs listed above). This is a great investment opportunity. Full-time onsite manager (Andy). Call directly with questions or information. NDA and proof of funds required. Patricia (949) 922-0929, patricia@royceip.com.
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