$1,898,000
$100K PRICE DROP

1801 Old Mammoth Rd Mammoth Lakes, CA 93546

Estimated payment $11,389/month

Total Views 1,121
7 Beds
-- Bath
3,560 Sq Ft
$533 Price per Sq Ft

Highlights

  • Hiking Trails
  • Mountainous Community
  • Level Lot
  • Mammoth High School Rated A-

About This Home

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 Agent

Laurie Cappadocia

Property Red Brokerage Phone: 949-606-4396 License #01874298 Listed on: 04/28/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 10,019 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,560 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Unit 6 Bathroom: 0
  • Unit 7 Bathroom: 0
  • Unit 8 Bathroom: 0
  • Unit 1 Bathroom: 0
  • Unit 2 Bathroom: 0
  • Unit 3 Bathroom: 0
  • Unit 4 Bathroom: 0
  • Unit 5 Bathroom: 0

Listing and Financial Details

  • Assessor Parcel Number 022330012000

Community Details

Overview

  • 3 Buildings
  • 7 Units
  • Mountainous Community

Amenities

  • Laundry Facilities

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • 6 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $860
  • Insurance Expense $2,500
  • Maintenance Expense $2,400
  • Other Expense $4,850
  • Supplies Expense $470
  • Trash Expense $4,170
  • Water Sewer Expense $4,380
  • Operating Expense $36,170
  • Gross Income $149,499
  • Net Operating Income $116,076

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Supplies Expense: 470.00
  • Water Sewer Expenses: 4380.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 022330012000
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 533.15

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Common Area
  • Sewer: Public Sewer
  • Trash Expense: 4170.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Hiking, Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Multi Family

  • Electric Expense: 860.00
  • Gross Income: 149499.00
  • Gross Scheduled Income: 149400.00
  • Insurance Expense: 2500.00
  • Laundry Income: 2846.00
  • Lot Size Area: 10019.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 116076.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 33324.00
  • Other Expense: 4850.00
  • Rent Control: No
  • Total Expenses: 36170.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,301 $1,125,727 $259,782 $865,945
2024 $12,764 $1,103,655 $254,689 $848,966
2023 $12,764 $1,082,016 $249,696 $832,320
2022 $12,619 $1,060,800 $244,800 $816,000
2021 $7,891 $653,450 $226,498 $426,952
2020 $7,834 $646,751 $224,176 $422,575
2019 $7,668 $634,071 $219,781 $414,290
2018 $7,731 $621,639 $215,472 $406,167
2017 $7,171 $609,451 $211,248 $398,203
2016 $7,058 $597,502 $207,106 $390,396
2015 $7,027 $588,528 $203,996 $384,532
2014 $6,597 $547,976 $184,433 $363,543
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2026 06/01/26 Price Changed $1,898,000 -5.0% $533 / Sq Ft
04/28/2026 04/28/26 For Sale $1,998,000 +92.1% $561 / Sq Ft
05/26/2021 05/26/21 Sold $1,040,000 -4.1% $292 / Sq Ft View Prior Sale
03/06/2021 03/06/21 Pending -- -- --
12/08/2020 12/08/20 For Sale $1,085,000 +88.0% $305 / Sq Ft
03/11/2014 03/11/14 Sold $577,000 -11.1% $150 / Sq Ft View Prior Sale
02/03/2014 02/03/14 Pending -- -- --
09/30/2013 09/30/13 For Sale $649,000 -- $169 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26092085

California Regional Multiple Listing Service (CRMLS)
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