ACTIVE-PRICE CHG
1839 Old Mammoth Road
Mammoth Lakes CA, 93546
$1,795,000
$641.07 per sqft
ACTIVE-PRICE CHG
4 Beds
4 Baths
2,800 sqft
Multi-family
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!
240099
MLSⓇ ID
February 26, 2024
Listed
May 9, 2024
Updated
Map
1839 Old Mammoth Road
Mammoth Lakes CA, 93546
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
4
Interior Features
New Paint, Vinyl Floors, Carpet, Window Coverings, Ceiling Fans, Smoke Detector
Appliances
Refrigerator, Gas Range/Oven, Microwave, Range Hood
Laundry Description
Other/See Remarks
Fireplace
Yes
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas, Electric, Wall Heater
Exterior/Building Features
Exterior Features
Dirt Driveway
Roof
Metal
Sewer
Public Sewer
Other Property Details
Area Name
Mammoth Lakes
Garage
No
View
No
Water Source
Public Water
Pool
No
Zoning
RMF-1
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
---|---|---|
4/7/2024 | Price Change | $1,795,000 -6% |
Based on information from Mammoth Lakes Board of REALTORS® as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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Data last updated 8:43 AM UTC, 5/9/2024