ActiveResidential · sale

6065 State Highway 49 N

Mariposa, CA 95338

$370,000

  • 0.43 acres
  • Built 1948

Listed by Concierge Homes · MLS #MP26077828

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6065 State Highway 49 N, Mariposa, CA 95338 · MLS #MP26077828

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1948.

Property size

0.43 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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Highway 49 Mixed-Use Investment with Multiple Income Streams & Commercial Potential



Positioned along highly traveled **Highway 49 in historic Mariposa**, this versatile mixed-use property offers a compelling combination of existing rental income, commercial visibility, flexible use, and value-add potential in one of the area's key corridors to Yosemite National Park.



Formerly home to the well-known **Airport Bar & Grill**, the commercially zoned main space is currently configured as the owner's residence and will be delivered vacant at closing. The space presents an opportunity for an owner-user or investor to reestablish a restaurant, bar, café, market, retail business, or other compatible commercial use, subject to applicable zoning and approvals. Highway frontage and consistent local and visitor traffic provide excellent exposure and visibility.



The property also includes three separate freestanding residential units: a studio, a one-bedroom apartment, and a one-bedroom home with a loft. Together, these units provide diversified rental income and flexibility for long-term tenants, additional owner-user accommodations, or other permitted uses.



The residential units currently generate approximately **$2,850 per month in rental income**. Based on market estimates, the vacant commercial/residential unit could potentially generate an additional **$1,500 per month**, representing projected gross rental income of approximately **$4,350 per month** when fully leased.



The property is being offered with known deferred maintenance and repair needs, creating an opportunity for a buyer to evaluate improvements and reposition the property to suit their investment strategy. Available inspections and property reports provide additional information for buyers to review as part of their due diligence.



Spacious side and rear yards with mature landscaping add to the property's flexibility and offer additional potential for outdoor use, subject to applicable regulations.



Whether you're looking for an income-producing mixed-use investment, live/work property, owner-user opportunity, or commercial repositioning project, this Highway 49 property offers a rare combination of established residential cash flow, prominent frontage, multiple structures, and significant upside potential in Mariposa.

A distinctive value-add opportunity with the visibility, income, and flexibility to support a variety of investment and business strategies.

THE NEIGHBORHOOD

Explore the location.

6065 State Highway 49 N, Mariposa, CA 95338

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THE DETAILS

The details, all in one place.

Property type
ResidentialIncome
Category
Residential
Year built
1948
Garage spaces
0
Cooling
EvaporativeCooling
Heating
WoodStove
Utilities
ElectricityConnected
Pool
No
Pool features
None
Spa
No
Parcel
0120800060
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$1,541.67
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

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  2. Make a strong first impression.

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  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #MP26077828 · California Regional MLS

Listing brokerage: Concierge Homes
Listing agent: Kori Smith

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.