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Duplex For Sale - by Matthew Lehman Real Estate

2218 Old Mammoth, Mammoth Lakes, California 93546

Property Description

Duplex in Old Mammoth with mature aspen trees and Mill Creek running through a very private and forested back yard. This is a unique setting for Mammoth Lakes and could likely afford plenty of room to add a garage (feasibility of a garage to be determined through buyer investigation). Live in one side and rent the other, or purchase as an investment property. Property is zoned Rural Residential and does not permit nightly rentals. Unit A (east side) has 5 bedrooms and 2 bathrooms. Unit B (West side) has 2 bedroom and 1 bathrooms. Unit B’s kitchen has been upgraded in recent years. Both units are now rented and on a month to month basis, from what was longer term lease. Each unit has a large basement offering extensive storage and laundry (Approx 3,000 square feet). Basement can be accessed from interior stairs or exterior of each unit. Closets for two of the upstairs bedrooms of Unit A are located in the upstairs hallway vs. in the bedrooms themselves. The duplex use is a legal non-conforming use with acknowledgement from the Town of Mammoth Lakes that the residential units can be rebuilt in the event they are destroyed (see attached). Current rent for the 2 bedroom is $1,300. Rent for the 5 bedroom is $1,850. Rents are considered to be substantially below market and were kept this way to prevent turnover for the out of area owner.

Listing Agency
Matthew Lehman Real Estate
Address Map
US
CA
Mammoth Lakes
Mammoth Camp Tract I
93546
Old Mammoth
2218
W119° 1' 0.5''
N37° 37' 33.8''
Mammoth Lakes
16
2218 Old Mammoth Road
Corner of Old Mammoth Road and Sherwin Street
Area
Mammoth Lakes
MLS Information
Active-price Chg
RR
2
Residential Listing Agreement -
0
$243
Multi-family
Active


$649,000
Listing ID #200452
Basic Details
Property Type : Duplex
Listing Type : For Sale
Listing ID : 200452
Price : $649,000
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