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.
For sale
Listed by: Property Red
Price cut: $100K (6/1)
$1,898,000
1801 Old Mammoth Rd, Mammoth Lakes, CA 93546
7beds
--baths
3,560sqft
Mixed Use
Built in 1969
-- sqft lot
$-- Zestimate®
$533/sqft
$-- HOA
What's special
- 55 days |
- 298 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Laurie Cappadocia DRE #01874298 949-606-4396,
Property Red
Source: CRMLS,MLS#: OC26092085
Originating MLS: California Regional MLS
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,560
- Total interior livable area: 3,560 sqft
Property
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 10,019 Square Feet
- Features: Street Level
Details
- Parcel number: 022330012000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Hiking, Mountainous
Location
- Region: Mammoth Lakes
Financial & listing details
- Price per square foot: $533/sqft
- Tax assessed value: $1,125,727
- Annual tax amount: $13,301
- Date on market: 4/28/2026
- Cumulative days on market: 55 days
- Listing terms: Cash,Cash to New Loan
Estimated market value
Not available
Estimated sales range
Not available
$3,422/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Price change | $1,898,000-5%$533/sqft |
Source: | ||
| 4/29/2026 | Listed for sale | $1,998,000+33.2%$561/sqft |
Source: | ||
| 2/8/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/10/2025 | Listed for sale | $1,500,000-21.1%$421/sqft |
Source: Owner Report a problem | ||
| 5/11/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/11/2024 | Listed for sale | $1,900,000+82.7%$534/sqft |
Source: Owner Report a problem | ||
| 5/26/2021 | Sold | $1,040,000+80.2%$292/sqft |
Source: Public Record Report a problem | ||
| 3/11/2014 | Sold | $577,000+79%$162/sqft |
Source: | ||
| 9/26/2012 | Sold | $322,400-60.4%$91/sqft |
Source: Public Record Report a problem | ||
| 7/2/2007 | Sold | $815,000+19%$229/sqft |
Source: Public Record Report a problem | ||
| 1/16/2004 | Sold | $685,000$192/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,301 +4.2% | $1,125,727 +2% |
| 2024 | $12,764 +2.4% | $1,103,655 +2% |
| 2023 | $12,460 -1.3% | $1,082,016 +2% |
| 2022 | $12,619 +59.9% | $1,060,800 +62.3% |
| 2021 | $7,891 +0.7% | $653,450 +1% |
| 2020 | $7,834 +2.2% | $646,751 +2% |
| 2019 | $7,668 -0.8% | $634,071 +2% |
| 2018 | $7,731 +7.8% | $621,639 +2% |
| 2017 | $7,171 +1.6% | $609,451 +2% |
| 2016 | $7,058 +0.4% | $597,502 +1.5% |
| 2015 | $7,027 +6.5% | $588,528 +7.4% |
| 2014 | $6,597 -99% | $547,976 +0.5% |
| 2013 | $641,406 +10881% | $545,500 +9.1% |
| 2012 | $5,841 -1.2% | $500,000 |
| 2011 | $5,912 | $500,000 -39.7% |
| 2010 | -- | $829,329 -0.2% |
| 2009 | -- | $831,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 93546
Nearby schools
GreatSchools rating
- 5/10Mammoth Elementary SchoolGrades: K-5Distance: 1.5 mi
- 6/10Mammoth Middle SchoolGrades: 6-8Distance: 1.4 mi
- 8/10Mammoth High SchoolGrades: 9-12Distance: 1.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
- California
- Mono County
- Mammoth Lakes
- 93546
- 1801 Old Mammoth Rd






