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Nacha Subramanian
Direct Office:
510-579-4385
nacha@nacharealestate.com
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Nacha Subramanian
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Direct Office:
510-579-4385
nacha@
nacharealestate.com
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Buyer Info
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FOR SALE
$2,525,000

3781 W Line St
Bishop, CA 93514

Business Opportunities
Commercial
4,937
Sq. Ft.
1.81
Acre Lot
Courtesy: Jake Glaser - Lyon Stahl Investment Real Estate, Inc.; Email: jake@lyonstahl.com
Home> California> Bishop> 93514
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).
CL24342881
Business Opportunities, Other
Inyo
1.81 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Jake Glaser - Lyon Stahl Investment Real Estate, Inc.; Email: jake@lyonstahl.com

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