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.
Rare opportunity to acquire a centrally located, NNN income-producing commercial property in Mammoth Lakes. The property consists of two legal parcels totaling approximately 69,695 square feet and is currently occupied by Ace Hardware/High Country Lumber under a long-term lease, providing stable monthly income. Frontage along Sierra Manor Road, Sierra Park Road, and Meridian Boulevard, the site offers strong accessibility and visibility within an established commercial and service corridor. Zoning (OMR – Old Mammoth Road District) allows for a wide range of permitted uses including retail, office, medical, service, multi-family residential, mixed-use, and lodging. The property is located in downtown Mammoth Lakes across from Vons, Eateries, Shopping and Entertainment and is approximately ½ mile from the North Village redevelopment corridor and benefits from Mammoth Lakes’ supply-constrained market and investment opportunities. Ideal for investors seeking current cash flow with long-term redevelopment optionality in one of California’s premier four-season resort communities.
South Facing 10 feet wide by 36 feet deep - 360 square foot unit located at the Mammoth Yosemite Airport. Closest 360 square foot unit to the Terminal. Remote Controlled roll-up door is 9 feet wide by 10 feet tall. Perfect for glider trailer and personal items. Electric outlets, stubbed for propane, water and 2 phone lines. Subject to a Ground Lease which currently runs $81.19 per month, common area currently runs $14.38 per month, both subject to annual CPI adjustments. Some restrictions on use. Purchaser will need to pass/pay for processing of TSA Badge/Gate Card for 24 hour access.
Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
Based on information from the Mammoth Lakes Board of REALTORS (alternatively, from the Mammoth Lakes Board of REALTORS® MLS) as of {{last updated}}. All data, including all measurements and calculations of areas, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Mammoth Lakes is located in California. Mammoth Lakes, California has a population of 7,321. Mammoth Lakes is more family-centric than the surrounding county with 36.98% of the households containing married families with children. The county average for households married with children is 24.51%.
The median household income in Mammoth Lakes, California is $77,545. The median household income for the surrounding county is $71,138 compared to the national median of $69,021. The median age of people living in Mammoth Lakes is 37.9 years.
The average high temperature in July is 77.5 degrees, with an average low temperature in January of 13.5 degrees. The average rainfall is approximately 14.9 inches per year, with 93.2 inches of snow per year.
