Duplex For Sale - by Matthew Lehman Real Estate
2218 Old Mammoth, Mammoth Lakes, California 93546
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.