CA > Bishop
Bishop, CA 93514,3781 W Line St
Bishop, CA 93514,3781 W Line St
Bishop, CA 93514,3781 W Line St
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$2,525,000
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12 BD
10 BA
4,937 SqFt
Active

3781 W Line St Bishop, CA 93514

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Nathan King Real Estate Group

Nathan King Real Estate Group

+1(559) 396-0000

UPDATED:

09/30/2024 06:43 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,937 sqft

Price per Sqft $511

MLS Listing ID 24342881

Bedrooms 12

HOA Y/N No

Lot Size 1.810 Acres

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).

Location

State CA

County Inyo

Area Mmth - Mammoth Lakes

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Garage Driveway, Uncovered

View Y/N Yes

View Pond, Creek/Stream

Parking Type Driveway, Uncovered

Attached Garage Yes

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID UNAVAILABLE

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Jake Glaser • Lyon Stahl Investment Real Estate, Inc.

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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