CA > Bishop
Bishop, CA 93514,3781 W Line St
Bishop, CA 93514,3781 W Line St
Bishop, CA 93514,3781 W Line St
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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Thomas Ryan

Thomas Ryan

+1(909) 334-2049
$ 2,525,000
Est. payment | /mo

12 Beds

10 Baths

4,937 SqFt

Save
$ 2,525,000
Est. payment | /mo
Save

12 Beds

10 Baths

4,937 SqFt

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

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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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(909) 334-2049

thomas@thomasryan.realestate

4016 Grand Ave Suite A # 1082, Chino, CA, 91710, United States

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3781 W Line St