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Berkshire Hathaway HomeServices California Properties

1801 Old Mammoth, Mammoth Lakes, CA 93546

$1,898,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Laurie Cappadocia | laurie@PropertyRed.com
Lic#: 01874298
Broker: Courtesy of Property Red
Phone: 949-606-4396

Listing Details

Property type: Multi Family (Commercial)

Property Sub-Type:

Status: Active

Listing ID: OC26083549

List price is $1,898,000 Reduced by $100,000 on 6/2/2026

Price: $1,898,000

Rental Rate: $1,898,000

Lot Size:

Beds: 0

Baths: 0

Built in 1969

0.23 acres

County: Mono

Lot description: Street Level

Last Updated: 6/2/2026

Days On Market (DOM): 109

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Lat/Long: 37.628694, -118.981553.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

Located in the highly desirable mountain community of Mammoth Lakes, this well-maintained 7-unit income property offers a rare opportunity to own a stable, cash-flowing asset with significant upside potential. Featuring a charming mountain chalet aesthetic, the property blends rustic appeal with practical functionality, making it highly attractive to both long-term tenants and seasonal renters. The property boasts consistent rental income across all seven units, complemented by an on-site laundry facility that generates additional revenue. A detached studio provides ideal accommodations for an on-site caretaker, enhancing property management efficiency and tenant satisfaction. One of the units is a spacious three-bedroom, two-bath layout, presenting a unique opportunity for an owner-user conversion or premium rental upgrade. Ample on-site parking adds convenience and desirability for residents and guests alike. Positioned just minutes from world-class recreation, including Mammoth Mountain Ski Resort, as well as dining, shopping, and year-round outdoor amenities, the location is a major draw. With Mammoth Lakes continuing to experience strong growth and development, this property presents both immediate income stability and long-term appreciation potential. Ideal for investors or owner-users seeking a foothold in a high-demand resort market, this is a versatile asset with multiple value-add opportunities, including potential expansion or redevelopment.

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