1839 Old Mammoth Road, Unit 11

Mammoth Lakes, CA 93546

$1,795,000
Price
4
Beds
4
Baths
2,000 Sq. Ft.
$898 / Sq. Ft.
2,000
Sq. Ft.
$898
per Sq. Ft.

Description

Price reduced! Terrific 8-unit apartment building in convenient location off of Old Mammoth Road in Mammoth Lakes, California. 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...Price reduced! Terrific 8-unit apartment building in convenient location off of Old Mammoth Road in Mammoth Lakes, California. 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!
  1. Listed by Douglas Kubiske • Heritage Real Estate Group

Amenities

  • Balcony
  • Garage
  • Laundry in Building
  • Parking Included
  • Private Outdoor Space
  • Stainless Steel Appliances

Location

Listing Courtesy of Heritage Real Estate Group, Douglas Kubiske
Add your commute
LISTING UPDATED: 04/06/2024 05:00 PM

Property Details for 1839 Old Mammoth Road, Unit 11

StatusActive - Price Chg
MLS #240099
Days on Compass62
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Four Plus
Year Built-
Lot Size-
CountyMono County

Location

Listing Courtesy of Heritage Real Estate Group, Douglas Kubiske
Add your commute

Building Information for 1839 Old Mammoth Road, Unit 11

Stories2Residences8Year Built-Building Size-Lot Size-

Payment Calculator

$9,796 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,796

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1839 Old Mammoth Road, Unit 11

Summary
Location and General Information
  • Area: Mammoth Lakes
  • Subdivision: Mammoth Camp Tract II
  • Region: MAMMOTH LAKES
  • Age: 59.0
  • Directions: GPS
Parking
  • Garage Capacity: None
  • Garage Type: None
Taxes and HOA Information
  • HOA $: $.00
Property
Lot Information
  • Lot/Unit: 11
  • Zoning: RMF-1
  • New Construction: No
  • Property Condition: Remodel
  • Property Type: MULTI-FAMILY
  • Property Sub Type: Four Plus
Property and Assessments
  • Photo Count: 43
  • APN: 022-330-039-000
  • Terms: Cash, Conventional, Owner Carry
  • LVT Date: 02-26-2024
Utilities
  • Water Heater: Electric
  • Water Supply: Public Water
  • Sewer: Public Sewer
  • Gas: Natural Gas
Interior and Exterior Features
Exterior Features
  • Exterior: Frame, Wood Siding
  • Roof: Metal
  • Ext Amenities: Dirt Driveway
  • Porch/Patio: Open Balcony, Covered Balcony
  • Landscaping: Trees
Interior Features
  • Number of Rooms: 8
  • Stories: 2
  • Int Amenities: New Paint, Vinyl Floors, Carpet, Window Coverings, Ceiling Fans, Smoke Detector
  • Appliances: Refrigerator, Gas Range/Oven, Microwave, Range Hood
  • Fireplace: None
  • Heating: Natural Gas, Electric, Wall Heater
  • Cooling: None
  • Laundry: Other/See Remarks
  • Windows: Double Pane, Single Pane
  • Window Treatments: Blinds
Multi Family
Multi-Family Information
  • Number of Units: 8.0
Unit 1
  • Unit 1 Approx SqFt: 500.0
  • Unit 1 Rent: $1,270.00
  • Unit 1 # of Baths: 1.0
  • Unit 1 # of Bedrooms: 1
  • Unit 1 Furnished: No
Unit 2
  • Unit 2 Approx SqFt: 500.0
  • Unit 2 Rent: $1,700.00
  • Unit 2 # of Baths: 1.0
  • Unit 2 # of Bedrooms: 1
  • Unit 2 Furnished: No
Unit 3
  • Unit 3 Approx SqFt: 500.0
  • Unit 3 Rent: $1,265.00
  • Unit 3 # of Baths: 1.0
  • Unit 3 # of Bedrooms: 1
  • Unit 3 Furnished: No
Unit 4
  • Unit 4 Approx SqFt: 500.0
  • Unit 4 Rent: $1,035.00
  • Unit 4 # of Baths: 1.0
  • Unit 4 # of Bedrooms: 1
  • Unit 4 Furnished: No
Income & Expenses
  • Water Expenses: 4672
  • Trash Expense: 4886
  • Monthly Income: 10147
  • Gross Annual Income: $121,764.00
  • Net Annual Income: $71,764.00
  • Misc Expense: 12000

Property History for 1839 Old Mammoth Road, Unit 11

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1839 Old Mammoth Road, Unit 11

This home is within Mammoth Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Mammoth Elementary School
PublicK to 5

Mammoth Middle School
Public6 to 8

Mammoth High School
Public9 to 12

Sierra High (Continuation) School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1839 Old Mammoth Road, Unit 11 is a multi-family home for sale in Mammoth Lakes, CA 93546. This property was listed for sale on February 26, 2024 by Heritage Real Estate Group, it's currently listed at $1,795,000. This listing's school district is Mammoth Unified School District. Nearby schools include Mammoth Elementary School, Mammoth Middle School and Mammoth High School. 1839 Old Mammoth Road, Unit 11 is a 4-bed, 4-bath, 2,000 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Heritage Real Estate Group, Douglas Kubiske

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.