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).
Sold
$2,400,000
3781 W Line St, Bishop, CA 93514
12beds
10baths
4,937sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$486/sqft
$-- HOA
What's special
Zillow last checked: 9 hours ago
Listing updated: January 15, 2025 at 09:03am
Listed by:
Jake Glaser DRE # 02128816 310-230-5157,
Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Bought with:
Jake Glaser, DRE # 02128816
Lyon Stahl Investment Real Estate, Inc.
Source: CLAW,MLS#: 24-342881

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 10
Heating
- Central
Cooling
- Central Air
Interior area
- Total structure area: 4,937
- Total interior livable area: 4,937 sqft
Property
Parking
- Total spaces: 20
- Parking features: Garage Is Attached, Open, Driveway
- Has attached garage: Yes
- Uncovered spaces: 20
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Creek/Stream, Pond
- Has water view: Yes
- Water view: Creek/Stream,Pond
Lot
- Size: 1.81 Acres
Details
- Additional structures: None
- Parcel number: 1107010
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Community & neighborhood
Location
- Region: Bishop