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).
Property Details
Property Features
Property Information:
Stories: 2
Living Area: 4,937 SqFt
Listing Office:
Office Name: Lyon Stahl Investment Real Estate, Inc.
Office Phone: (310) 425-9838
Listing Agent: Jake Glaser
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 12
Exterior Features
Exterior Information:
View: Pond, Creek/Stream
Parking Information:
Attached Garage: Yes
Parking: Driveway, Uncovered
Lot Features
Lot Information:
Lot Size: 1.81 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Bishop Union High School, Public District Grades 9-12
Home Street Middle School, Public District Grades 6-8
Pine Street Elementary School, Public District Grades 3-5
Other
Directions Information:
Directions: Near the intersection of W Line St and Reata Rd in Bishop.
Price Information
Listing Price Info
Price Summary:
List Price: $2,525,000
Price Per SqFt: $511/SqFt
Tax Information:
Annual Amount: $6,406
Tax Year: 2021
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MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24342881
Listing Office:
Office Name: Lyon Stahl Investment Real Estate, Inc.
Office Phone: (310) 425-9838
Listing Agent: Jake Glaser
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 10/31/2024, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$6,406
$614,383
2019
$6,406
$587,970
2018
$6,072
$558,058
2017
$5,933
$544,086
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Pine Street Elementary School
800 W Pine St
Distance between this listing and this school2.23 miles
Public District Grades 3-5
Middle School
6
/10
Home Street Middle School
201 Home St
Distance between this listing and this school16.01 miles
Public District Grades 6-8
High School
6
/10
Bishop Union High School
301 N Fowler St
Distance between this listing and this school2.60 miles
Public District Grades 9-12
Assigned Schools
5
/10
Pine Street Elementary School
800 W Pine St
Distance between this listing and this school2.23 miles
Public District Grades 3-5
Assigned Schools
6
/10
Home Street Middle School
201 Home St
Distance between this listing and this school16.01 miles
Public District Grades 6-8
Nearby Schools
5
/10
Big Pine Elementary School
500 South Main St
Distance between this listing and this school16.32 miles
Public District Grades KG-8
Assigned Schools
6
/10
Bishop Union High School
301 N Fowler St
Distance between this listing and this school2.60 miles
Public District Grades 9-12
Nearby Schools
2
/10
Bishop Independent Study
2001 Sugar Loaf Rd
Distance between this listing and this school15.53 miles
Public District Grades 9-12
4
/10
Palisade Glacier High (Continuation)
Sugar Loaf Rd
Distance between this listing and this school15.87 miles
The neighbors living near this home have an average income of $67,045. The most common annual income of people living in Inyo County, CA is between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3781 W Line St
What is the listing price of this property?
The listing price of 3781 W Line St property is $2,525,000.
What type of property is this?
The property 3781 W Line St is a house located in Bishop, California, 93514.
Is this property for sale now?
Active Listing: 3781 W Line St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 3781 W Line St are: Pine Street Elementary School: GreatSchools Rating 5/10Home Street Middle School: GreatSchools Rating 6/10Bishop Union High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $6,406 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 3781 W Line St has 12 bedrooms and 10 bathrooms.
What is the square footage of this property?
The property 3781 W Line St is 4,937 SqFt (source: MLS/tax record).
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This home is located at 3781 W Line St in Bishop, CA and zip code 93514. This 4,937 square foot home sits on a 1.81 acre lot. Features: 12 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $2,525,000.
The number of homes for sale in Inyo County, CA decreased by 7.7% between August 2024 and September 2024. In September 2024 median list price was $995,000 and the average listing age was 130 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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