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 IncomeCounty
InyoStyle
Residential IncomeAD ID
45834538
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Property Details
-
Interior Features
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
-
Exterior Features
Building Information
- Building Area Total: 4,937
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 1.81
- Lot Size Source: Assessor
- Lot Size Square Feet: 78844
-
Listing Information
Listing Price Information
- Original List Price: 2,525,000
- Listing Contract Date: 2023-12-31
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: UNAVAILABLE
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Driveway,Uncovered
- Attached Garage: Yes
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- 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 09/07/2024 @ 20:05
- MLS: 24342881
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 12 bedrooms which is for sale, 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.