38797 Highway 41

Oakhurst, CA 93644

$399,900
Price
3
Beds
3
Baths
1,658 Sq. Ft.
$241 / Sq. Ft.
1,658
Sq. Ft.
$241
per Sq. Ft.

Description

Panoramic Views of the Sierra Nevada Mtns! Investment opportunity has Multi-use building on Highway 41 currently with 3 units total of 4BR, 3.5BA, (2 residential tenants paying $1,200mo & $1,500 month) 1 Commerical Yoga Studio renting for $1,000 month & another vacant commercial unit. Many possiblieties! 3.5acres Zoned CRM with Hwy 41 road visibility make this an opportunity. updated units offer private back decks and wonderful Sierra views, along with kitchen, sitting area/living room, and storage...Panoramic Views of the Sierra Nevada Mtns! Investment opportunity has Multi-use building on Highway 41 currently with 3 units total of 4BR, 3.5BA, (2 residential tenants paying $1,200mo & $1,500 month) 1 Commerical Yoga Studio renting for $1,000 month & another vacant commercial unit. Many possiblieties! 3.5acres Zoned CRM with Hwy 41 road visibility make this an opportunity. updated units offer private back decks and wonderful Sierra views, along with kitchen, sitting area/living room, and storage space. 3rd unit is ideal for office/retail/storage space, STR, AirBnb, with two rooms adjacent to parking. New water heater, ample additional storage space, private well and septic for lower utility costs, and easy-access parking. Current income is $3,700 month
  1. Listed by Russell Smith • DRE #01494668 • Brokerage DRE #01905908 • HomeSmart Realty West • 760-652-9909

Property Details for 38797 Highway 41

Architectural Style
Ranch
View
Hills, Mountain(s), Panoramic
Parking Spaces Total
0
Private Pool
No
Total Units
3.0
Lot Size Source
Assessor
Property Attached YN
true
Common Walls
2+ Common Walls
LISTING UPDATED: 10/15/2024 03:30 AM

Property Details for 38797 Highway 41

StatusActive
MLS #ND24212997
Days on Market64
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1958
Lot Size2.91 AC / 126,760 SF
CountyMadera County

Building Information for 38797 Highway 41

Stories1Residences-Year Built1958Building Size-Lot Size2.91 AC / 126,760 SF

Property Information for 38797 Highway 41

Income / Expense / Tax Details
Income Details
  • Gross Income: $43,200
  • Gross Scheduled Income: $43,200
  • Net Operating Income: $38,016
Expense Details
  • Operating Expense: $5,184
  • Operating Expense Percent: 12.00%
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $5,184
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $5,184
Tax / Assessment Info
  • Tax Census Tract: 1.04
Community / Development
Community / Development
  • Community Features: Mountainous
Property / Structure Info
Interior Features
  • Appliances: Water Heater
  • Interior Features: Ceiling Fan(s), Formica Counters, Living Room Deck Attached
  • Room Type: Bonus Room, Kitchen, Living Room, Main Floor Bedroom, Office, Retreat
  • Laundry: Yes
  • Laundry Features: In Closet
  • Fireplace Features: None
  • Cooling: Wall/Window Unit(s)
  • Heating: Propane, Wall Furnace
  • Flooring: Laminate
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Wood Siding
  • Roof: Composition
  • Entry Location: 1
  • Pool Features: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Sloped Down
  • Land Lease: No
  • Road Surface Type: Gravel
  • Road Frontage Type: Highway
  • Levels: Two
  • Sewer: Conventional Septic
  • Utilities: Electricity Connected, Phone Available, Propane
  • Electric: 220 Volts in Kitchen
  • Water Source: Private, Well
Parking Info
  • Garage Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Negotiable
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 38797 Highway 41

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 38797 Highway 41

Taxable ValueLand$163,283Additions$70,982Total$234,265
Tax Record2024$2,458 ($205 / month)
Home Facts
Baths2Total Finished SqFt1,624 SqFtAbove Grade Finished SqFt1,624 SqFtStories1Lot Size126,759 SqFtStyleMiscellaneous CommercialYear Built1958Year Renovated1968ZoningCRMCountyMADERAAPN066-060-002-000

Schools near 38797 Highway 41

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

Oak Creek Intermediate School
Public6 to 8

Ahwahnee High School
Public9 to 12

Evergreen High School
Public9 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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38797 Highway 41 is a multi-family home for sale in Oakhurst, CA 93644. This property was listed for sale on October 14, 2024 by HomeSmart Realty West, it's currently listed at $399,900. It has been on the market for a total of 64 days and was last sold on February 26, 2024. This listing's school districts are Yosemite Unified School District, Bass Lake Joint Union Elementary School District. Nearby schools include Oakhurst Elementary School, Oak Creek Intermediate School and Ahwahnee High School. 38797 Highway 41 is a 3-bed, 3-bath, 1,658 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart Realty West

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. 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 CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS 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.