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Under contract
    • $1,900,000

    40 Mountain Blvd, Mammoth Lakes, CA 93546

    6beds
    6baths
    4,445sqft
    : 
    $12,426/mo
    Get pre-qualified
    Multi Family
    Built in 1964
    -- sqft lot
    $-- Zestimate®
    $427/sqft
    $-- HOA

    What's special

    Comfortable living environment
    This well-maintained 8-plex offers a rare investment opportunity in the heart of town. Featuring eight thoughtfully designed one-bedroom units, the property is ideal for steady rental income and strong tenant appeal. Its prime central location provides effortless access to local shops, dining, and everyday conveniences, while nearby shuttle stops make commuting simple and convenient. The property has been consistently cared for, with attention to upkeep that reflects pride of ownership. Tenants enjoy a comfortable living environment in a highly walkable area, making this an attractive option for long-term tenants. Whether you’re expanding your portfolio or seeking a reliable income property in a sought-after location, this centrally located 8-unit building combines convenience, stability, and lasting value.
    86 days
    |
    55
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jes Schwartzkopf 760-914-1961,

    Mammoth Realty Group, Inc.,

    Cameron Schwartzkopf 760-965-6273,

    Mammoth Realty Group, Inc.

    Source: MLBOR,MLS#: 260281MLS LogoOriginating MLS: Mammoth Lakes Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      Heating
      • Electric
      Cooling
      • None
      Appliances
      • Included: Electric Oven, Electric Range, Refrigerator, Range Hood, Electric Water Heater
      • Laundry: Other, See Remarks
      Features
      • Cable TV
      • Flooring: Carpet, Vinyl
      • Windows: Double Pane Windows
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 4,445
      • Total interior livable area: 4,445 sqft

      Property

      Parking
      • Parking features: None
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Paved Driveway
      Lot
      • Size: 0.26 Acres
      • Features: None
      Details
      • Parcel number: 035021034000
      • Zoning description: Mixed Lodging/Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Stucco, Wood Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1964

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Not Available

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Sierra Vista Estates I
      Location
      • Region: Mammoth Lakes

      Financial & listing details

      • Price per square foot: $427/sqft
      • Tax assessed value: $517,839
      • Annual tax amount: $6,490
      • Date on market: 4/29/2026
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,690/mo

        Price history

        DateEventPrice
        6/26/2026Contingent$1,900,000$427/sqft
        Source: MLBOR #260281 Report a problem
        4/30/2026Listed for sale$1,900,000$427/sqft
        Source: MLBOR #260281 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,490 +4.8%$517,839 +2%
        2024$6,191 +2.3%$507,762 +1.9%
        2023$6,054 -0.6%$498,112 +2.7%
        2022$6,092 +2.6%$485,166 +1.9%
        2021$5,940 +0.8%$476,140 +1.2%
        2020$5,891 +2.1%$470,663 +2%
        2019$5,771 -0.8%$461,449 +2%
        2018$5,817 +7.5%$452,416 +2%
        2017$5,410 +1.5%$443,560 +2%
        2016$5,327 +0.4%$434,877 +1.5%
        2015$5,305 +1.5%$428,356 +2%
        2014$5,228 -98.9%$419,979 +0.5%
        2013$495,432 +9926.1%$418,085 +2%
        2012$4,941 +0.6%$409,902 +2%
        2011$4,912 $401,920
        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.
        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.
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        Climate risks

        Neighborhood: 93546

        Getting around

        62 / 100
        Somewhat Walkable
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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