Positioned in a highly desirable location near downtown Bishop, this 3-unit residential income property offers an exceptional opportunity for investors. Being sold as part of a portfolio of several other Bishop properties including motels that contract with Mammoth Mountain during snow season to house their overflow seasonal workforce. They are willing to work with new owner(s) to continue this arrangement. When not used for seasonal housing, units sold nightly through and as part of the El Rancho Motel next door. Property features two buildings, the 2-bedroom cottage fully refurbished in 2025, has the original knotty pine walls in the living room and hallway, full kitchen, 1 bathroom with new bathroom fixtures, tile shower, LVP flooring, granite kitchen counter, farmhouse sink, new faucet. The bungalow has two 2-bedroom units, full kitchens and bathrooms with showers. Seller is looking to do a 1031 exchange and will work with investors doing the same. Whether you're looking to expand your portfolio or secure a reliable income-producing asset, this property offers both solid current returns and future appreciation potential. Contact listing agent for more information.
For sale
$900,000
236 Lagoon St, Bishop, CA 93514
6beds
3baths
1,863sqft
Triplex, Multi Family, Multi Family
Built in 1946
-- sqft lot
$882,700 Zestimate®
$483/sqft
$-- HOA
What's special
Farmhouse sinkFull kitchenNew faucetGranite kitchen counterTile showerLvp flooringNew bathroom fixtures
- 70 days |
- 240 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Susan Maclean 775-600-9025,
Coldwell Banker Select Real Estate
Source: MLBOR,MLS#: 260294
Originating MLS: Mammoth Lakes Board of REALTORS
Originating MLS: Mammoth Lakes Board of REALTORSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Electric, Wall Furnace
Cooling
- Evaporative/Swamp
Appliances
- Included: Electric Oven, Electric Range, Microwave, Refrigerator, Electric Water Heater
- Laundry: Other, See Remarks
Features
- Ceiling Fan(s), New Paint, Window Treatments
- Flooring: Vinyl
- Windows: Double Pane Windows, Metal, Window Coverings
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,863
- Total interior livable area: 1,863 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch
- Exterior features: Built-in Barbecue, Barbecue
- Fencing: Wood
Lot
- Size: 7,722 Square Feet
- Dimensions: 59' x 122' x 59' x 119'
- Features: Corner Lot, Garden, Lawn, Sprinkler System, Trees
Details
- Parcel number: 0117412
- Zoning description: Commercial and Retail (BISHOP)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Wood Siding
- Roof: Composition,Shingle
Condition
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Propane
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Bishop
Location
- Region: Bishop
Financial & listing details
- Price per square foot: $483/sqft
- Tax assessed value: $357,103
- Annual tax amount: $4,125
- Date on market: 4/18/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$882,700
$839,000 - $927,000
$2,099/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Listed for sale | $900,000+210.3%$483/sqft |
Source:  STAOR #142795 Report a problem | ||
| 4/19/2013 | Sold | $290,000-7.9%$156/sqft |
Source: Public Record Report a problem | ||
| 1/12/2013 | Listing removed | $315,000$169/sqft |
Source: Hometown Properties #2307985 Report a problem | ||
| 9/23/2012 | Listed for sale | $315,000+12.5%$169/sqft |
Source: Hometown Properties #2307985 Report a problem | ||
| 2/23/2005 | Sold | $280,000$150/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,125 +9.2% | $357,103 +2% |
| 2024 | $3,777 +2.3% | $350,102 +2% |
| 2023 | $3,693 +0.4% | $343,238 +2% |
| 2022 | $3,679 +1.6% | $336,509 +2% |
| 2021 | $3,620 +1.4% | $329,912 +1% |
| 2020 | $3,569 +1.9% | $326,530 +2% |
| 2019 | $3,503 +2.2% | $320,128 +2% |
| 2018 | $3,428 | $313,852 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 93514
Nearby schools
GreatSchools rating
- 4/10Pine Street Elementary SchoolGrades: K-5Distance: 0.6 mi
- 6/10Home Street Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Bishop Union High SchoolGrades: 9-12Distance: 0.3 mi
- $1,000,0005 bd3 ba1.6k sqft331 S Warren St #A-B, Bishop, CA 93514For Sale
- $1,000,0004 bd3 ba1.6k sqft331 S Warren St, Bishop, CA 93514For Sale
- $658,6004 bd2 ba1.6k sqft331 S Warren St, Bishop, CA 93514Off Market
- $621,1003 bd1 ba1.2k sqft331 S Warren St #A, Bishop, CA 93514Off Market
- $54,3002 bd1 ba660 sqft251 S Warren St SPACE D1, Bishop, CA 93514Off Market
- $5,644-- bd-- ba720 sqft251 S Warren St SPACE E6, Bishop, CA 93514Off Market
- $5,816-- bd-- ba-- sqft251 S Warren St SPACE D2, Bishop, CA 93514Off Market
- $59,8002 bd1 ba720 sqft251 S Warren St SPACE E4, Bishop, CA 93514Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $950,0004 bd4 ba2.1k sqft461 High St, Bishop, CA 93514For Sale
MLS ID #260450, Susan Maclean, Coldwell Banker Select Real Estate. MLBOR - $1,000,0004 bd3 ba1.6k sqft331 S Warren St, Bishop, CA 93514For SaleMLS ID #260302, Susan Maclean, Coldwell Banker Select Real Estate. MLBOR
- $949,9003 bd3 ba2.1k sqft221 Mount Tom Rd, Bishop, CA 93514For Sale
MLS ID #260429, Randi Pritchard, Eastern Sierra Realty. MLBOR - $859,9004 bd2 ba2.2k sqft690 Summer Haze Cir, Bishop, CA 93514For Sale
MLS ID #260184, Randi Pritchard, Eastern Sierra Realty. MLBOR - $649,9003 bd2 ba1.6k sqft1443 Shelly Creek Rd, Bishop, CA 93514For SaleMLS ID #260337, Randi Pritchard, Eastern Sierra Realty. MLBOR
- $619,9003 bd2 ba1.5k sqft453 Wildrose Ln, Bishop, CA 93514For SaleMLS ID #2313306, Jennifer Johnston, Bishop Real Estate Rasmuson & Associates. Inyo County/Bishop MLS
- $735,0004 bd2 ba2.1k sqft105 Rawson Creek Rd, Bishop, CA 93514For SaleMLS ID #2313286, Nancy Lowthorp, Bishop Real Estate Rasmuson & Associates. Inyo County/Bishop MLS
- $495,0003 bd2 ba1.3k sqft537 N 2nd St, Bishop, CA 93514For SaleMLS ID #2313237, Jake Rasmuson, Bishop Real Estate Rasmuson & Associates. Inyo County/Bishop MLS
- $999,0005 bd3 ba2.7k sqft420 Mesa Vista Dr, Bishop, CA 93514For SaleMLS ID #260326, Stacey Bardfield, Mammoth Sierra Properties. MLBOR
- $999,0005 bd3 ba2.7k sqftMesa Vista Dr, Bishop, CA 93514For SaleMLS ID #2313261, Stacey Bardfield, Mammoth Sierra Properties. Inyo County/Bishop MLS
- $609,9003 bd2 ba1.8k sqft3572 Ranch View Ln, Bishop, CA 93514For SaleMLS ID #2313303, Nancy Lowthorp, Bishop Real Estate Rasmuson & Associates. Inyo County/Bishop MLS
Local buyer's agents are ready to help
- California
- Inyo County
- Bishop
- 93514
- 236 Lagoon St
Nearby cities
Nearby zip codes
Other Bishop Topics
