363 Short St, Bishop, CA 93514
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363 Short St, Bishop, CA 93514
363 Short St, Bishop, CA 93514
363 Short St, Bishop, CA 93514
363 Short St, Bishop, CA 93514
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Listed by Coldwell Banker Select Real Estate
$ 1,499,000
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363 Short St Bishop, CA 93514

5,132 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,132 sqft

Price per Sqft $292

Subdivision Bishop

MLS Listing ID 260273

HOA Y/N No

Year Built 1949

Property Sub-Type Multi Family

Property Description

Positioned in a highly desirable location near the heart of downtown Bishop, this 7-unit residential income property offers an exceptional opportunity for investors seeking strong cash flow and long-term upside. The property features three separate buildings, including a 3-bedroom single-family house with carport, two 3-bedroom apartments, and four 2-bedroom apartments. With 100% occupancy, this asset delivers immediate, consistent income from day one. Tenants enjoy the convenience of an on-site laundry room, parking for up to 12 vehicles, and fenced yards. Its proximity to downtown Bishop provides walkable access to shopping, dining, and local amenities, enhancing tenant retention and rental demand. This is a rare opportunity to acquire a fully stabilized, multi-building investment property in a supply-constrained market known for strong rental demand. Whether you're looking to expand your portfolio or secure a reliable income-producing asset, this property offers both solid current returns and future appreciation potential.

Location

State CA

County Inyo

Area Bishop

Interior

Heating Propane, Wall Furnace

Cooling Evaporative/Swamp

Flooring Carpet, Vinyl

Fireplaces Type None

Fireplace No

Appliance Electric Oven, Electric Range, Gas Oven, Gas Range, Refrigerator

Laundry Main Level, Laundry Room

Exterior

Exterior Feature Concrete Driveway

Parking Features Attached Carport

Garage Spaces 2.0

Garage Description 2.0

Fence Metal

Utilities Available Propane

Roof Type Flat,Rolled/Hot Mop

Building

Lot Description Garden, Lawn, Level

Story One

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Others

Tax ID 001-142-21

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other


Karen Nelson

Karen Nelson

Broker License ID: 01144993

+1(760) 709-1000

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363 Short St