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$2,400,000

  • Sold
  • Closed
  • Multi-Family
  • 12 Total Beds
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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).

Full Property Details for 3781 W Line St

General

  • Sold For: $2,400,000
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 24-342881
  • Added to Site: 782 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 10

Bedrooms

  • Total Bedrooms: 12

Additional Information

  • Other Features: None

Parking

  • Garage Description: Garage Is Attached, Uncovered, Driveway

Location

  • Area: Mammoth Lakes
  • County: Inyo
  • Driving Directions: Near the intersection of W Line St and Reata Rd in Bishop.

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central

Structural Information

  • # Buildings: 8
  • Stories/Levels: 2
  • Square Feet: 4,937
  • Sq. Ft. Source: Assessor

Unit Information

  • Units in Complex: 9
  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 21

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 4

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 7

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Total Bathrooms: 1

Unit 9

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Creek/Stream, Pond
  • Lot Size: 78844
  • Lot Size Source: Assessor

Financial Considerations

  • Price Per Sq. Ft.: $511.44

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: UNAVAILABLE

Listed and Sold by Lyon Stahl Investment Real Estate, Inc., Jake Glaser

Listing agent

— 3781 W Line St —

  • Jake Glaser

    Lyon Stahl Investment Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3781 W Line St

School District:Bishop Unified School District
NameGradesDistance
Pine Street Elementary School
800 West Pine Street, Bishop, CA 93514
K-52.2 mi
Home Street Middle School
201 Home Street, Bishop, CA 93514
6-82.4 mi
Bishop Union High School
301 North Fowler Street, Bishop, CA 93514
9-122.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3781 W Line St

Date
Details
Price
Change
Source
1/15/2025
Sold
$2,400,000
-4.95%
MLS
12/31/2023
Listed
$2,525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Lyon Stahl Investment Real Estate, Inc., Jake Glaser

3781 W Line St, Bishop, CA 93514 (MLS# 24-342881) is a Multi-Family property that was sold at $2,400,000 on January 15, 2025. Want to learn more about 3781 W Line St? Do you have questions about finding other Multi-Family real estate for sale in Bishop? You can browse all Bishop real estate or contact a Coldwell Banker agent to request more information.