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Triplex with Renovation and Rented Income

135 N Washington St Lone Pine, CA 93545

135 N Washington St, Lone Pine, CA, 93545
$400,000
For Sale
$400,000

MULTI_FAMILY - Lone Pine, CA

Property Size2,483 SF
Lot Size0.16 Acres
Price / SF$161.10
Days on Market30

Property Features for 135 N Washington St

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R-3
Bedrooms
5
Bathrooms
4
Rooms
Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
Interior features
Ceiling Fans, Flooring- Vinyl, Flooring- Wood
Exterior features
Corner Lot, Fenced- Partial, Landscape- Partial, Access- All Year
Fencing
Fenced
Appliances
Refrigerator, Washer & Dryer, Oven/Range, Water Heater- Propane
Standard status
Active
APN
005-101-01
Size
2,483 SF
Lot size
0.16 Acres

Utilities

Utilities
Propane
Heating system
See Remarks (Heating), Electric (Heating)
Cooling system
Electric

Building Details

Year built
1926
Floors in Building
2
Number of units
3
Roof type
Composition, Shingle
Architectural style
Other
Listing agency Greentree Lending Group, Inc.
Listed by Wendy Coughtrie · License #01476999
Added: Jun 23 Updated: Jul 18 at 1:50AM Checked: Jul 22 at 5:06AM
MLS# 2313300

Copyright © 2026 Inyo County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This triplex features three separate structures. The main house has 3 bedrooms and 2 baths, with a large living room, a kitchen with a dining area, and a spacious laundry room. It was substantially remodeled a few years ago, including new stucco, window upgrades, porch improvements, kitchen updates, interior paint, smooth wall finishes, new lighting, ceiling fans, and a mini-split HVAC system. The property also includes a garage that is reported to be in need of additional work.

The second structure is currently under renovation. The seller has active city permits and approved plans to convert it from a one-bedroom home into a 2-bedroom, 1-bath layout with a kitchen, living room, and laundry area. The permits cover a complete interior remodel, including plumbing, electrical, windows, and other upgrades, and demolition has already been completed.

The third structure is an older wood-frame house that has not yet been remodeled and is currently rented. With one remodeled unit and one unit in active, permitted renovation, this property may fit buyers looking for a multifamily asset where part of the income is already in place while the remaining unit is being brought forward under approved plans. The zoning is R-3, supporting residential triplex use.

Key Highlights

  • Triplex with three addresses on Washington St: 135 N Washington St, 127 N Washington St, and 214 W Bush St.
  • 135 N Washington St: 3BR/2BA with large living room, kitchen with dining area, and spacious laundry room; rented at $1,600/mo.
  • 135 N Washington St substantially remodeled with new stucco, window upgrades, porch improvements, kitchen updates, interior paint, smooth wall finishes, new lighting, ceiling fans, and mini‑split HVAC.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Plumbing Service Storage Facility Garden Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Kitchen & Bath Showroom Cafe & Coffee Shop Barber Shop (Bike/Boat/Book/etc) Store Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex includes a substantially remodeled 3-bed/2-bath unit, one actively permitted renovation, and a third currently rented.
Where is this triplex located?
The property is located at 135 N Washington St Lone Pine, CA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Triplex with three addresses on Washington St: 135 N Washington St, 127 N Washington St, and 214 W Bush St.; 135 N Washington St: 3BR/2BA with large living room, kitchen with dining area, and spacious laundry room; rented at $1,600/mo.; 135 N Washington St substantially remodeled with new stucco, window upgrades, porch improvements, kitchen updates, interior paint, smooth wall finishes, new lighting, ceiling fans, and mini‑split HVAC.
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