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
Listing Provided by: Property Red
$1,998,000
1801 Old Mammoth Rd, Mammoth Lakes, CA 93546
7beds
--baths
3,560sqft
Est.:
Mixed Use
Built in 1969
-- sqft lot
$-- Zestimate®
$561/sqft
$-- HOA
What's special
- 1 day |
- 36 |
- 0 |
Zillow last checked:
Listing updated:
Listing Provided by:
Laurie Cappadocia DRE #01874298 949-606-4396,
Property Red
Source: CRMLS,MLS#: OC26092085
Originating MLS: California Regional MLS
Tour with a local agent
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: $561/sqft
- Tax assessed value: $1,125,727
- Annual tax amount: $13,301
- Date on market: 4/28/2026
- Listing terms: Cash,Cash to New Loan
Estimated market value
Not available
Estimated sales range
Not available
$3,811/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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
$11,782/mo
Principal & interest
$9934
Property taxes
$1848
More affordability tools
Climate risks
Neighborhood: 93546
Nearby schools
GreatSchools rating
- 5/10Mammoth Elementary SchoolGrades: K-5Distance: 1.6 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






