3781 W Line St
Bishop, CA 93514
- – beds
- – baths
- – sqft
- ~2 acre lot
- – on site
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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).
Last checked:
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Last updated Jan 16, 2025
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MLS# 24342881 —
The Building
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New Construction:No
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Building Area Total:4937.00
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Total Number Of Units:9
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# of Buildings:8
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:Near the intersection of W Line St and Reata Rd in Bishop.
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Latitude:37.36179600
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Longitude:-118.44680500
The Property
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Property Type:Residential Income
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Lot Size Area:78844.0000
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Lot Size Acres:1.8100
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Lot Size SqFt:78844.00
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Lot Size Source:Assessor
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View:1
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View:Creek/Stream, Pond
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:UNAVAILABLE
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Uncovered, Driveway
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Uncovered Spaces:20.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/15/25
Jan 15, 2025
|
Sold | CRMLS_CA | $2,400,000 | -5.0% |
|
1/8/25
Jan 8, 2025
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Pending | CRMLS_CA | $2,525,000 | |
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11/13/24
Nov 13, 2024
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Sold Subject To Contingencies | CRMLS_CA | $2,525,000 |
