3781 W Line St

Bishop, CA 93514

  • 12 Bed(s)
  • 0 Bath(s)
  • 4,937 Sqft
  • 78844
    Sqft(Lot)
$2,525,000

Description

Fantastic 9-unit investment property located in bishop, ca. this large, picturesque property sits on a 1.81 acre lot with a 1,000 sqft trout pond, old growth trees and multiple creeks running through it. the property features 8 separate "single family" style structures, comprising 9 units and 4,937 square feet of living area in total. the front 4-bedroom main house also features a large private garage. the majority of the units have been recently remodeled and re-rented, with five of the units able to be delivered vacant. all in all, the property has received $300k - $400k of recent capital improvements including interior remodels, new exterior paint, concrete driveway / walkways, an automatic sprinkler system and newer copper water lines. 3781 w line st offers a strong day 1 cash flow currently sitting at a 6.02% cap rate! additionally, a new buyer may be able to build 1-4 adus on the vacant back portion of the lot (buyer to carry out their own investigation).

  • Property Type

    Residential Income
  • County

    Inyo
  • Style

    Residential Income
  • AD ID

    45834538

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Property Details

  • Bedroom Information

    • Total Bedrooms : 12

    Bathroom Information

    • Total Baths: 10
    • Full Baths: 0
    • Half Baths: 0

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating
  • Building Information

    • Building Area Total: 4,937
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 1.81
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 78844
  • Listing Price Information

    • Original List Price: 2,525,000
    • Listing Contract Date: 2023-12-31

    Lease Information

    • Listing Agreement: Seller Reserved
  • Tax Information

    • Parcel Number: UNAVAILABLE
  • Garage and Parking

    • Garage Description: Driveway,Uncovered
    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
  • Other Property Info

    • Source Listing Status: Active Under Contract
    • Source Neighborhood: MMTH - Mammoth Lakes
    • Directions: Near the intersection of W Line St and Reata Rd in Bishop.
    • Source Property Type: Residential Income
    • Area: MMTH - Mammoth Lakes

    Building and Construction

    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 4937
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/21/2024 @ 07:02

  • MLS: 24342881
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 12 bedrooms which is recently sold, it has 4,937 sqft, 78,844 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Bishop , in zip code 93514, this Inyo County Home are nearby neighborhoods.