$1,998,000

1801 Old Mammoth, Mammoth Lakes, CA 93546

  • 3,560 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1969
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $561/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

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.

Listing Status:
Active
Date Added:
April 17, 2026
Data Last Updated:
April 18, 2026 at 7:17AM
Listing Office:
Property Red : 949-753-7888
Listing Agent:
Laurie Cappadocia : 949-606-4396
MLS ID:
OC26083549
  • Laundry: Common Area
  • General: 2
  • Originating MLS: CRMLS_CRM
  • County: Mono
  • Zoning: 022330012000
  • Water: Public
  • Source: CRMLS_CRM

This listing courtesy of Laurie Cappadocia , Property Red

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mammoth Elementary School

1500 Meridian Blvd, Mammoth Lakes, CA, 93546

Grades KG-5

1.55 miles away

M

Mammoth Middle School

1600 Meridian Blvd, Mammoth Lakes, CA, 93546

Grades 6-8

1.39 miles away

S

Sierra High (Continuation)

461 Sierra Park Rd, Mammoth Lakes, CA, 93546

Grades 10-12

1.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.