3781 W Line St, Bishop, CA 93514
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Listed Price :
$2,525,000
-
Beds :
12
-
Baths :
10
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Property Size :
4,937 sqft
Property 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).
Interior Features
| Bedroom Information |
| Bedrooms |
12 |
| Bathroom Information |
| Bathrooms |
10 |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
3781 W Line St |
| City |
Bishop |
| State |
CA |
| Zip |
93514 |
| County |
Inyo |
| Listing Agent |
Jake Glaser DRE #02128816 |
| Courtesy Of |
Lyon Stahl Investment Real Estate, Inc. |
| List Price |
$2,525,000 |
| Status |
Active Under Contract |
| Type |
Residential Income |
| Structure Size |
4,937 |
| Lot Size |
78,844 |
Listing information courtesy of: Jake Glaser, Lyon Stahl Investment Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 13th, 2024 at 9:13 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
