Home For Sale In Mammoth Lakes, California

house for sale

Listed: 03/11/24

1839 Old Mammoth Road, Mammoth Lakes, CA 93546, USA

Studio Bed:

2,000 Sq Ft Living Area:

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Price

$ 1,9M

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About This House

Terrific 8-unit apartment building in convenient location off of Old Mammoth Road in Mammoth Lakes, California. This property consists of 3 buildings and offers a mix of (4) 1-bedroom + 1 bath units and (4) studio units + 1 bath units, historically in high demand. Rarely a vacancy! Separately metered for electricity and gas. Some units recently upgraded with new flooring and paint. Each unit with balcony area. Metal roof and nicely maintained. Additionally, there's potential for increased revenue as units currently rented below market rates. The property also features a double lot, providing space for snow storage during winters and shuttle bus stop across the street. Owners unit, intentionally left vacant, with upgraded quartz countertop, stainless steel appliances, new flooring, paint, electric heater and upgraded bathroom. A rare find for this great condition investment property!

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Original listing

The Ranches at Snowcreek Housing & Living

Household Income

Median household income: $62,308

Number of households: 2,840

The average household income in Mammoth Lakes, CA grew from $60,899 to $62,308 in the past year. This data is an estimate based upon 2,840 households in Mammoth Lakes, CA.
The chart below presents how household income is distributed in Mammoth Lakes, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Mammoth Lakes, CA compared to median property taxes around the country. The prevalent amount of property taxes in Mammoth Lakes, CA equals $3k+ , which is more than the national average.