Listed by Douglas Kubiske of Heritage Real Estate Group, Contact: 805-443-8957 

Price reduced! Terrific 8-unit apartment building in convenient location off of Old Mammoth Road in Mammoth Lakes, California. Approx 14.74 Gross Rent Multiplier (GRM). This property consists of 3 buildings and offers a mix of (4) 1-bedroom + 1 bath units and (4) studio units + 1 bath units, historically in high demand. Rarely a vacancy! Separately metered for electricity and gas. Some units recently upgraded with new flooring and paint. Each unit with balcony area. Metal roof and nicely maintained. Additionally, there's potential for increased revenue as units currently rented below market rates. The property also features a double lot, providing space for snow storage during winters and shuttle bus stop across the street. Owners unit, intentionally left vacant, with upgraded quartz countertop, stainless steel appliances, new flooring, paint, electric heater and upgraded bathroom. A rare find for this great condition investment property!