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$ 1,550,000
Est. payment /mo
Price Dropped by $15K
3253 Meridian Mammoth Lakes, CA 93546
3 Beds
4 Baths
181 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26020694
Bedrooms 3
HOA Fees $668/mo
Lot Size 181 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity to acquire a three-unit condominium portfolio within the highly desirable Bradley Building at the Summit Condominiums, a scenario seldom available in Mammoth Lakes. These three condos Units 249, 260, and 264 are all located within the same building, offering operational efficiency, consistent management, and long-term strategic value for investors and second-home buyers alike. Each residence features elevator access from underground garage parking and walkable proximity to Eagle Lodge ski access, with immediate access to year-round recreation. The portfolio offers a diverse yet complementary mix of floor plans, including main-level bedrooms, lofted sleeping areas with en-suite bathrooms, private balconies, and one unit with direct Sierra Star Golf Course views. All units are currently operated as licensed short-term rentals, providing immediate income potential. The Summit Condominiums are among Mammoth Lakes most sought-after communities, offering resort-style amenities including seasonal pools and spas, saunas, a fitness center, BBQ areas, and meticulously maintained grounds. The Bradley Buildings central location within the complex, combined with elevator service and underground parking, enhances guest appeal and long-term desirability. Opportunities to purchase multiple condos within the same building let alone three are exceptionally rare in Mammoth Lakes. This portfolio offers a unique blend of scale, walkability, strong rental demand, and future flexibility, whether held as a cash-flowing investment, personal mountain compound, or long-term appre
Location
State CA
County Mono
Zoning Assessor
Direction All 3 units located on the 2nd and 3rd levels of The Bradley Building in The Summit off Meridian Bl
Interior
Heating Baseboard, Fireplace
Fireplace No
Exterior
Pool Community/Common
View Y/N No
Building
Story 1
Level or Stories 1
Others
HOA Name THE SUMMIT OWNERS ASSOCIA
Senior Community No
Tax ID 032052260000
Acceptable Financing Conventional, FHA
Listing Terms Conventional, FHA
Listed by David Pitner, DRE#01451383 David Pitner, Broker