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About This Home

This 6-bedroom, 3-bathroom single family at 236 Lagoon Street in Bishop, CA is listed for $900,000 ($483 per sqft). Built in 1946, the home offers 1,863 sqft of living space on a 0.18 acres lot.

Agent Description

Positioned in a highly desirable location near downtown Bishop, this 3-unit residential income property offers an exceptional opportunity for investors seeking residential income investment property. Being sold as part of a portfolio of several other Bishop properties including motels that contract with Mammoth Mountain during snow season to house their overflow seasonal workforce.

They are willing to work with new owner(s) to continue this arrangement. Two of the portfolio properties for sale are right next door at 274 Lagoon St and 331 S Warren St. This is an exceptional opportunity for an investor seeking both stability and upside income potential.

Contact listing agent for more information.Property features two buildings, the 2-bedroom cottage was refurbished in 2025, has the original knotty pine walls in the living room and hallway, full kitchen, 1 bathroom with new bathroom fixtures, tile shower, LVP flooring, granite kitchen counter, farmhouse sink, new faucet. The bungalow has two 2-bedroom units, full kitchens and bathrooms with showers. Seller will do a 1031 exchange and will work with investors doing the same.

Key Features

  • Built in 1946
  • 0.18 acre lot

Property Details

3 full
1946

Monthly Cost Estimate

$4,813/mo

20% down · 6.5% · 30 years

Principal$651
Interest$3,900
Insurance$263

Estimates only. Actual payments may vary.

Location

236 Lagoon Street

Bishop, CA 93514

Property Details

Flooring

TileLaminate

Construction

Wood Frame

Heating

Heat Pump (Heating)

Questions & Answers

This 6-bedroom, 3-bathroom single family at 236 Lagoon Street is listed at $900,000 ($483/sqft). The estimated monthly payment is $3,900 based on 20% down at 6.5% interest.

Key features include: Built in 1946, 0.18 acre lot.

This property is listed by Susan Maclean and can be reached at (560) 542-5555 or reed.dickert@cbselectre.com.

SM

Susan Maclean

Agent at Coldwell Banker Select - LTB

(560) 542-5555

Listed by Coldwell Banker Select - LTB · View on Broker Site

MLS# 142795· Source: listhub· Updated 44 days ago

Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

236 Lagoon Street, Bishop, CA 93514

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