Investment Opportunity in the Historic Town of Lone Pine. Located in a PRIME location for significant growth & income potential, this triplex just might be the business venture you have been seeking! The main house, 135 N Washington St. has 3 bedrooms, 2 baths, a large living room, kitchen with dining area, and a spacious laundry room. The home was substantially remodeled just a few years back, including new stucco, window upgrades, porch improvements, kitchen updates, interior paint, smooth wall finishes, new lighting, ceiling fans, and a mini-split HVAC system; currently rented at $1,600 per month. The structure at 127 N. Washington St. is currently under renovation. The seller has active city permits and approved plans to convert from a one-bedroom home into a 2-bedroom, 1-bath home with a kitchen, living room, and laundry area. The permits cover a complete interior remodel, including plumbing, electrical, windows, & other upgrades. Demolition has already been completed. The property also includes a garage in need of additional work. 214 W Bush St. is an older wood-frame house, not yet remodeled, but is currently rented at $500 per month. Investors, turn this opportunity into your visionary masterpiece!
For sale
Price cut: $50K (9/12)
$350,000
135 N Washington St, Lone Pine, CA 93545
5beds
4baths
2,483sqft
Triplex, Multi Family
Built in 1926
-- sqft lot
$-- Zestimate®
$141/sqft
$-- HOA
What's special
New stuccoNew lightingPorch improvementsInterior paintKitchen with dining areaSmooth wall finishesKitchen updates
- 142 days
- 581
- 29
Zillow last checked:
Listing updated:
Listed by:
Wendy Coughtrie (661)513-8109,
Greentree Lending Group, Inc.
Source: Inyo County/Bishop MLS,MLS#: 2313300
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Electric, See Remarks
Cooling
- Electric, Other
Appliances
- Included: Refrigerator, Washer/Dryer, Oven/Range, Water Heater- Propane
Features
- Ceiling Fan(s)
- Flooring: Vinyl, Wood
Interior area
- Total structure area: 2,483
- Total interior livable area: 2,483 sqft
Property
Features
- Levels: Two,One
- Fencing: Partial
Lot
- Size: 6,969 Square Feet
- Features: Corner Lot, Landscape- Partial
Details
- Parcel number: 00510101
- Zoning description: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Stucco, Wood
- Foundation: Slab on Grade
- Roof: Composition,Shingle
Condition
- Year built: 1926
Utilities & green energy
- Electric: Power Source: City/Municipal
- Gas: Propane: Hooked-up
- Sewer: Sewer: To Property
- Water: Water Source: City/Municipal
- Utilities for property: Internet: Satellite/Wireless, Legal Access: Yes, Garbage Collection
Community & HOA
Community
- Subdivision: Lone Pine
Location
- Region: Lone Pine
Financial & listing details
- Price per square foot: $141/sqft
- Tax assessed value: $276,017
- Date on market: 6/24/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2026 | Price change | $350,000-12.5%$141/sqft |
Source: Inyo County/Bishop MLS #2313300 Report a problem | ||
| 6/24/2026 | Listed for sale | $400,000+70.2%$161/sqft |
Source: Inyo County/Bishop MLS #2313300 Report a problem | ||
| 12/6/2005 | Sold | $235,000$95/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $276,017 +2% |
| 2025 | $3,872 +2% | $270,606 +2% |
| 2024 | $3,798 +2.1% | $265,301 +2% |
| 2023 | $3,722 -2.3% | $260,100 +2% |
| 2022 | $3,807 -9.8% | $255,000 -14% |
| 2021 | $4,223 +0.7% | $296,677 +1% |
| 2020 | $4,192 +1.4% | $293,636 +2% |
| 2019 | $4,133 +1.4% | $287,879 +2% |
| 2018 | $4,076 | $282,235 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 93545
Nearby schools
Schools provided by the listing agent
- Elementary: Lo-Inyo
- Middle: Lo-Inyo
- High: Lone Pine
Source: Inyo County/Bishop MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



