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236 Lagoon Street, 
Bishop, CA 93514

$900,000

2

Beds

1

Bath

1,863

Sq Ft

Single Family

Active

Listed by

Susan Maclean
Coldwell Banker Select Real Estate

Last updated:

April 24, 2026, 02:31 AM

MLS#

142795

Source:

CA STAR

Company Logo

About This Home

236 Lagoon Street

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.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1946

Price Summary

900,000

$483 per Sq. Ft.

MLS #:

142795

Last Updated:

April 24, 2026, 02:31 AM

Added:

6 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,863 Sq. Ft.

Structure

Structure

Building Area:

1,863 Sq. Ft.

Year Built:

1946

Lot

Lot Size (Sq. Ft):

7,723

Finances & Disclosures

Finances

Price:

$900,000

Price per Sq. Ft:

$483 per Sq. Ft.

Source:CA STAR
The information being provided by South Tahoe Association Of REALTORS® Inc Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the South Tahoe Association Of REALTORS® Inc Mls. Coldwell Banker Select - Ltb is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Select - Ltb, a broker participant of South Tahoe Association Of REALTORS® Inc Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by South Tahoe Association Of REALTORS® Inc Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 South Tahoe Association Of REALTORS® Inc Mls. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.